El Molla Reviews EPC Performance in 2020/21
EPC was assigned the implementation of the first phase of the project to raise the production capacity of the PVC product from 80,000 tons annually to 100,000 tons.
Performance | Egypt Oil & Gas - Part 4
Assiut Oil Refinery Produces $945 Million Worth of Petroleum Products
Assiut Oil Refinery secures around 65% of the petroleum products consumption in Upper Egypt as it refined 2.6 million tons of crude oil in fiscal year (FY) 2020/21.
APC Produces EGP 48 B worth Petroleum Products
Alexandria Petroleum Company (APC) refined around 5 million tons of crude oil in fiscal year (FY) 2020/21, producing EGP 48 billion worth of petroleum products.
Pharaonic Petroleum gas output reaches 162 bcf in FY 2020/21
The company's production levels exceeded the fiscal year's plans, according to El Agrawy, who noted that the overall output of condensates reached 3.3 million barrels.
Canadian Natural Resources Attains 1,142 mboe/d in Q2 2021
The company returned around $1.3 billion to shareholders in share repurchase and divides.
Wintershall Dea Delivers Additional Gas from Egypt, Russia Fields
The company's Q2 production reached 613 million barrels of oil equivalent per day (mboe/d), making the output average in H2 2021 reach 636 mboe/d.
BP to Hit $35 B Net Debt Target Ahead of Schedule
BP expected to hit $35 billion net debt target including the delivery of sale proceeds and performance in the Q1 of 2021, according to BP’s press release.
Unified Government Complaints System Delegation Praises MoP’s Performance
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met a delegation from the Government Unified Complaints System which praised the ministry’s performance for its immediate response for any recei ...
Egypt Drills Natural Gas Exploration Wells Worth $314 Million in 2019/20
A report received by the Minister of Petroleum and Mineral Resources, Tarek El Molla indicated that Egypt has drilled exploration wells of natural gas during the current fiscal year (FY) of 2019/20 with totals inv ...
