Petrochemicals | Egypt Oil & Gas
Egypt, Saudi Arabia Sign MoU to Expand Cooperation in Oil, Gas
Egypt and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen cooperation in oil, natural gas , and petrochemicals and expand trade in petroleum products, according to a statement by Egypt’s Min...
Egypt Pitches Energy, Mining Investment Opportunities to Foreign Diplomats
Egypt stepped up efforts to attract foreign investment in its energy and mining sectors, as Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty and Minister of Petroleum and Mineral Resourc...
Badawi Engages Global Investment Banks to Accelerate Investments
Karim Badawi, Minister of Petroleum and Mineral Resources, presented the latest reforms, incentives, and opportunities within the petroleum and mining sectors during a roundtable meeting with a group of International ...
GAFI, DrasChem Discuss $200 Mn Sodium Cyanide Plant at Sidi Kerir Petrochemicals Complex
Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI) met with a delegation from DrasChem Specialized Chemicals company to discuss steps for establishing a sodium cyanide production pla...
ASP Secures $140 Mn Financing for Silicon Metal Complex Following Golden License Grant
Alamein for Silicon Products Company (ASP) has signed a long-term joint financing agreement worth $140 million to launch the first phase of the Silicon Metal Production and Derivatives Complex. Established under the E...
SCZONE Secures $10 Mn Deal for New Formaldehyde Complex
A new industrial complex for producing Formaldehyde and its derivatives will be established in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), following an agreement between the Main Develop...
ExxonMobil to Shut Singapore Steam Cracker by June 2026
ExxonMobil plans to permanently shut down the older of its two steam crackers on Singapore’s Jurong Island, with closure beginning in March and full shutdown expected by June, Reuters reported, citing four sourc...
Badawi Boasts Sector Achievements on National Petroleum Day
Karim Badawi, Minister of Petroleum and Mineral Resources, shed light on a series of major achievements in the sector during a celebration commemorating the Golden Jubilee of National Petroleum Day, which marks the an...
