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.
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.
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.
The company returned around $1.3 billion to shareholders in share repurchase and divides.
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 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.
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 ...
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 ...