COOP Achieves 5 M tons of Petroleum Sales

• Tuesday, 16th January 2018
• by Sarah Samir

Petroleum Cooperative Society Company (COOP) achieved 5 million tons of petroleum products sales and 38,000 tons of lubricants’ sales during the first half of fiscal year (FY) 2017/2018, stated Samir Rizk, COOP’s Head...

Misr Petroleum Company to Sell 10 M Tons in 2018/2019

• Tuesday, 16th January 2018
• by Sarah Samir

Misr Petroleum Company is planning to reach target sales of 10 million tons during fiscal year (FY) 2018/2019 and achieve around EGP 49.8 billion sales revenue out of services and products sales for the first time in ...

Iraq to Consider Selling Oil via Iran

• Tuesday, 30th August 2016
• by Egypt Oil & Gas

Iraq’s government will consider selling crude exports through Iran, if the country’s negotiations with the autonomous Kurdish region on an oil revenue-sharing agreement fail,  according to Reuters. Iraq...

Iran’s Siraf Refinery Targets Asia, Draws European Attention

• Wednesday, 18th November 2015
• by Egypt Oil & Gas

“Asia is the center of gravity for oil and all the incremental demand will come from Asia. We are expecting to ship more than 50% of our products to Asia,” said CEO of Siraf Refineries Infrastructure Compa...

Saudi Petrochemical Profits Fall Below Expected

• Wednesday, 15th July 2015
• by Egypt Oil & Gas

Saudi Arabia’s Yanbu National Petrochemical Co (Yansab) reported a 63% fall in second-quarter net profit on Tuesday but beat analysts’ forecasts slightly. The firm, a subsidiary of Saudi Basic Industries C...

Iranian crude sales fall

• Tuesday, 25th September 2012
• by Egypt Oil & Gas

Iran’s crude sales dived to just 800,000 barrels per day in July, due to Western sanctions, but are likely to have bounced back last month, according to a senior Iranian legislator. Iranian officials usually pla...