Petroleum Arrows Company transported about 11 million liter of petroleum products per day during 2020, representing 25.5%, according to a press release.

MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, directing 86% of these products to local market, the press release reported.

Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the $2.3 billion Midor refinery expansion in Alexandria which aims to increase its current refining capacity by 60%.

The Libyan National Oil Company (NOC) has announced that it achieved a record a level in its revenues during January 2021, estimated at $1.41 billion.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has agreed with the Minister of Transportation, Kamel El Wazeer to revive the efficiency of Gouna Petroleum basin in Alexandria port.

The Iraqi oil Ministry has signed a memorandum of understanding (MoU) for establishing a refinery in Dhi Qar governorate in order to raise the production capacity rates of petroleum products and fuels as well as improve the output.

The Russian Novatek’s hydrocarbon production has increased by 3.1% to 608.2 million barrels of oil equivalent during 2020, compared to 589.9 million barrels of oil equivalent.

Director General of the Lebanese Public Security, Abbas Ibrahim, stated that technical teams from Iraq and Lebanon are going into discussions about the technical details of the imported oil material from Iraq to Lebanon.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged the Cooperation Petroleum Company’s (Copetrole), and Misr Petroleum Company to renew and develop their distribution systems to transport petroleum products from shipping warehouses, fuel transmission vehicles, and supply stations in line with latest technologies.

The Egyptian automatic fuel pricing committee decided to keep the prices of fuels and petroleum products unchanged Q1 2020 among the domestic market.