petroleum | Egypt Oil & Gas - Part 4
Petroleum Arrows to Increase Fuel Distribution by 4%
Petroleum Arrows aims to increase the transportation and distribution of petroleum products by 4% in 2019, Amwal Al Ghad reported. The company transports 8.5 million litres of petroleum products on a daily basis, of w...
Petroleum Investments Record EGP 540 B in Five Years
Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion, Al Mal News quoted the Egyptian Cabinet’s b...
Petroleum Production Rose by 1.53% YOY in August
Production of crude oil, condensates, and butane increased by around 1.53% year-on-year (YOY) in August 2018, producing 2.852 million tons compared to 2.809 million tons in August 2017, Egypt Oil & Gas reports. St...
Petroleum Exports Profit Increases by 33.14% YOY
Egypt’s petroleum exports profit increased by around 33.14% year-on-year (YOY) as the country exported petroleum worth $8.773 billion in fiscal year (FY) 2017/18, compared to $6.5895 billion during 2016/17, Egyp...
Electricity Sector Debts to Petroleum Sector Exceed EGP 110B
The Egyptian electricity sector’s debts to the oil and gas sector have risen above EGP 110 billion due to the fuel consumption at electricity generating power plants, petroleum sector sources told Amwal Al Ghad....
Cabinet Approves Exploration and Development in Nile Delta
The Egyptian Cabinet has approved a decree allowing Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation (EGPC), the Italian Egyptian Oil Comp...
Egypt, Japan Discuss Bilateral Cooperation
The Egyptian Minister of Petroleum and Mineral Resources, Tarek el Molla, discussed with Japan’s Parliamentary Vice-Minister of Economy Trade and Industry, Masaki Ogushi, and accompanying delegation, means of bo...
Egypt, Ukraine Discuss Boosting E&P Investments
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Ukrainian Ambassador in Cairo, Hennadii Latii, and Deputy Chairman of Naftogaz of Ukraine, Sergiy Konovets, to discuss boosting cooper...
