Petroleum Products | Egypt Oil & Gas - Part 7

MIDOR Refines 36.5 mmbbl in 2020

MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, 86% of which is directed to local market, a press release reported. The announcement came during t...

El Molla Reviews Midor Refinery Expansion 

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 project is a part of the p...

NOC Achieves Revenues of $1.41 billion in January

The Libyan National Oil Company (NOC) has announced that it achieved a record level in its revenues during January 2021, estimated at $1.41 billion, a press release reported. On this occasion, the Chairman of the Boar...

Egypt to Develop Petroleum Facilities in Alexandria Port

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has agreed with the Minister of Transportation, Kamel El Wazeer to develop the efficiency  of Petroleum facilities in Alexandria port. During the meetin...

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

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 impro...

Novatek Hydrocarbon’s Production Increases 3.1% in 2020

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, according to a press release. These resul...

Iraq, Lebanon Discuss Imported Oil Details

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

El Molla Pushes for Development of Petroleum Products’ Distribution System

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...

Egypt Keeps Fuel Prices Unchanged for Q1 2021

The Egyptian Fuel Automatic Pricing Committee decided to keep the prices of fuels and petroleum products within the domestic market unchanged for Q1 2021, according to a press release. The committee said that this dec...

El Molla Inspects Trial Operations at ASORC’s Octane Complex

Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the progress of Assuit Oil Refining Company’s (ASORC) Octane complex, as it is currently undergoing trial operations, in addition to Assiut Nationa...

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