petroleum
Mulla noted in a panel discussion held by the Egyptian Petroleum Association that Octane 80 is no longer considered a good-quality fuel.
The cabinet's information center said non-petroleum exports rose by 15.4 percent to stand at dlrs 7.5 billion in the first quarter of 2021 against dlrs 6.5 billion in the first quarter of 2020.
All sectors were provided with natural gas with 100% and needs of the local market were fully covered with an average consumption, which exceeded six billion cubic feet daily.
The exhibition is set to be held at Egypt International Exhibition Center (EIEC), under the patronage of President Abdel Fattah El Sisi.
The Egyptian economy has overcome the crisis of Covid-19, passing the test of its economic reform, according to a study by the Egyptian Center for Strategic Studies.
This comes Molla’s meeting with Minister of Foreign and European Affairs of Croatia, Jordan Gerlich Radman, in the presence of Ambassador Tomislav Bochnyak, Ambassador of the Republic of Croatia in Cairo.
The visit aims at crystallizing a common vision and a systematic dialogue to develop a gas regional market after the EMGF’s Charter came into force.
The Automatic Pricing Committee for Petroleum Products will announce new prices for gasoline and diesel this week, sources at the Petroleum Ministry told Youm7 Saturday.
Oil companies, atop of which Petrojet, have indeed gained big experience over a long time of action that resulted in many success stories where local industrialization is concerned, the minister acknowledged.
Egypt has executed a total of 37 development projects in the petroleum and mineral resources sector, worth total investments of LE431.3 billion, in the last two fiscal years.
President Abdel Fatah al-Sisi has thanked the Egyptian people for not responding to recent "destructive calls" for demonstrations, saying the state will always choose to reform rather than leave people in difficult conditions.
A $3.4M-hydrocracking complex with a yearly production of 4.7M tons of high-value petroleum products in Musturud city of Qalyubia, the Delta, was inaugurated Sunday by President Abdel Fatah al-Sisi.
Sixth others – worth $731 million - are underway.
The construction works in the project - worth $117 million - have begun.
The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.
The Ministry of Petroleum released a report indicating the projects accomplished in the natural gas sector from July 2019 until April 2020.
Sources told Egypt Today that 10 companies purchased the applications of the international gold exploration auction announced by Egypt earlier this year.
Eight deals were signed with US giants Bechtel and Chevron Corporations and British Petroleum (BP) company.
The Petroleum Ministry signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean.
The new agreement was signed with the Egyptian Holding Company for Natural Gases "EGAS" and the German company Wintershall Dea, the ministry clarified in a statement.
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