Misr Petroleum, one of Egypt’s largest petroleum products marketing firms, generated more than EGP 230 billion in revenue, sold over 8 million tons (mmt) of petroleum products and made around EGP 1 billion in investm...
TAQA Arabia’s Board of Directors has approved establishing a new petroleum products depot in Greater Cairo, with an estimated investment of about EGP 1.4 billion, according to a disclosure submitted to the Egyptian Ex...
Nasr Petroleum Company (NPC) processed around 1.5 million tons (mmt) of crude oil and increased gasoline production to approximately 637,000 tons during fiscal year (FY) 2025/26, up from 51,000 tons in the previous fi...
The Cabinet has approved the establishment of a special free zone named Fujairah Alamein Oil and Gas Company in New Alamein City, Matrouh Governorate, according to Decree No. 65 of 2026. The new free zone, which cover...
Prime Minister Mostafa Madbouly announced that Egypt is proactively strengthening its energy security by increasing strategic reserves of petroleum products and other essential commodities, according to a statement re...
Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources; Ahmed Kouchouk, Minister of Finance (MoF); Hassan Abdalla, Governor of the Central Bank of Egypt (CBE); and Tarek El-...
In light of the rapidly evolving military developments in the region and the subsequent sharp spikes in energy prices and global market fluctuations, the Egyptian government is closely and continuously monitoring the ...
Mohamed Sobhi, the chairman of Amreya Petroleum Refining Company (APRC), said that the company produced about three million tons of petroleum products throughout fiscal year (FY) 2024/25. It exported products valued a...
Egypt’s Prime Minister Mostafa Madbouly held a meeting with the Governor of the Central Bank of Egypt (CBE), Hassan Abdalla, and Minister of Petroleum and Mineral Resources Karim Badawi, to review the ongoing efforts ...
President Abdel Fattah Al-Sisi held a meeting with Prime Minister Mostafa Madbouly, and Karim Badawi, Minister of Petroleum and Mineral Resources. The meeting addressed the state’s efforts to secure citizensR...