Petroleum Products

  • Petroleum Arrows Transports 11 MM Liter of Petroleum Products Daily in 2020

    Petroleum Arrows Transports 11 MM Liter of Petroleum Products Daily in 2020

    Thursday, 25th March 2021

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

  • MIDOR Refines 36.5 mmbbl in 2020

    MIDOR Refines 36.5 mmbbl in 2020

    Monday, 22nd March 2021

    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.

  • El Molla Reviews Midor Refinery Expansion 

    El Molla Reviews Midor Refinery Expansion 

    Sunday, 7th March 2021

    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%.

  • NOC Achieves Revenues of $1.41 billion in January

    NOC Achieves Revenues of $1.41 billion in January

    Sunday, 28th February 2021

    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.

  • Egypt to Develop Petroleum Facilities in Alexandria Port

    Egypt to Develop Petroleum Facilities in Alexandria Port

    Wednesday, 3rd February 2021

    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.

  • Iraq’s Oil Ministry Signs MoU for Establishing Refinery in Dhi Qar

    Iraq’s Oil Ministry Signs MoU for Establishing Refinery in Dhi Qar

    Monday, 25th January 2021

    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.

  • Novatek Hydrocarbon’s Production Increases 3.1% in 2020

    Novatek Hydrocarbon’s Production Increases 3.1% in 2020

    Monday, 18th January 2021

    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.

  • Iraq, Lebanon Discuss Imported Oil Details

    Iraq, Lebanon Discuss Imported Oil Details

    Thursday, 14th January 2021

    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.

  • El Molla Pushes for Development of Petroleum Products’ Distribution System

    El Molla Pushes for Development of Petroleum Products’ Distribution System

    Thursday, 14th January 2021

    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.

  • Egypt Keeps Fuel Prices Unchanged for Q1 2021

    Egypt Keeps Fuel Prices Unchanged for Q1 2021

    Wednesday, 6th January 2021

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