Minister of Petroleum and Mineral Resources Tarek El Molla has participated in a ministerial roundtable during the first day of the 3rd International Mining Conference hosted by the city of Riyadh, Saudi Arabia, which...
Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the third regular meeting of the Supreme Operations Committee for Production in the Eastern Desert, which included the General Petroleum Company (GP...
The Gulf of Suez Petroleum Company (GUPCO) has successfully brought the first well of the North Safa oil field in the northeastern Ramadan region of the Gulf of Suez online. This achievement marks a strong start to th...
Minister of Petroleum and Mineral Resources Tarek El Molla has chaired a regular meeting of the Integrated Operations Committee for Petroleum Production. He followed up on the work of the Integrated Committee in the W...
The Egyptian Refining Company (ERC), a subsidiary of Qalaa Holdings, has announced its intention to complete the repayment of $1.25 billion in initial loans for the Mostorod Refinery Project during the first quarter o...
Apex International Energy has provided an update on operations from the six concessions in the Western Desert oil producing region of Egypt acquired from IEOC Production B.V. (IEOC), a unit of Eni S.p.A., in the first...
The Egyptian Company for Mining Resources (ECMR) held a general assembly to approve the business results for the fiscal year 2022/23, and to increase the company’s capital from EGP 250 million to EGP 750 million. Duri...
United Oil & Gas Plc (UOG) working interest production in Egypt averaged 1,024 barrels of oil equivalent per day (boe/d). This was divided into 946 barrels of oil per day (b/d) and 78 boe/d gas, for the year to 5 ...
Alexandria Mineral Oils Company (AMOC) production during fiscal year (FY) 2022/23 amounted to about 1.5 million tons of various petroleum products for the local market, especially diesel, butane, and naphtha for the p...
OPEC Secretary General Haitham Al Ghais stated that OPEC is optimistic about demand and asserts the necessity to increase production, Reuters reported. Al Ghais elaborated that OPEC predicts that year-on-year demand w...