BP Balancing Act Maintains Profits in Face of Oil Price Plunge

• Tuesday, 28th April 2015
• by Egypt Oil & Gas

BP Plc, Europe’s second-biggest oil company, reported first-quarter profit that beat analysts’ estimates as earnings from refining and trading offset lower crude prices.

Dubai’s Kampac Oil to Invest Billions in Philippines Energy City

• Sunday, 19th April 2015
• by Egypt Oil & Gas

Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report.

National Oil Sector Helping Sponsor ‘Omanization’ Job Fair

• Sunday, 19th April 2015
• by Egypt Oil & Gas

Oman Oil Refineries and Petroleum Industries Company (Orpic) is set to tap into local talent for employment prospects at an upcoming job fair as lead sponsor.

Petroleum Ministry: MIDOR’s 2014 Results Endorsed

• Sunday, 5th April 2015
• by Egypt Oil & Gas

Sherif Ismail, Minister of Petroleum and Mineral Resources, headed the proceedings of (Middle East Oil Refinery) MIDOR’s General Assembly to endorse its 2014 results.

India Beefing Up Reserves, Refining Iraqi Crude

• Thursday, 19th March 2015
• by Egypt Oil & Gas

India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.

Egypt studies USD 6 billion oil refining and petrochem projects

• Thursday, 24th May 2012
• by Egypt Oil & Gas

Egypt's Industrial Development Authority is examining proposals from several investors worth EGP 48 billion for developing downstream oil and gas projects including refineries and petrochemicals production.

Orlen wants Egyptian oil

• Thursday, 14th April 2011
• by Egypt Oil & Gas

Investors have until May 6 to file binding offers for the purchase of shares in Polish telecoms operator Polkomtel. One player that's eagerly waiting for that transaction to be wrapped up is Polish refining giant Orlen.