Egyptian General Petroleum Corporation

EGPC acquires 20 shipments of LNG for $907M to meet domestic needs

Tue, 17 Sep 2024 - 10:14 GMT

The Egyptian General Petroleum Corporation (EGPC) granted the contract through a six-month deferred payment arrangement.

EGPC inks deal with US oil Corp Chevron on technical cooperation

Wed, 12 Feb 2020 - 03:51 GMT

The move was made as part of the second-day activities of the Egypt Petroleum Show (EGYPS 2020).

Petroleum Authority, EGPC sign 2 agreements with $4M investments

Thu, 05 Sep 2019 - 01:31 GMT

The ministry clarified that the agreements stipulate drilling four exploratory wells in Southeast Abu Snan and Ras Kattara in Western Sahara with a minimum investment of $4 million.

Egypt to halve its diesel oil imports by 2019: source

Thu, 04 Oct 2018 - 09:56 GMT

The complex will come online in the first quarter of 2019 and the complex is expected to produce about 2.3 million tons of diesel oil annually.

EGPC investments hit LE1.9B in 2017/18: Minister

Sun, 16 Sep 2018 - 11:35 GMT

The minister said the petroleum sector realized one of its main strategic goals; namely securing domestic needs of petroleum products over the past few years.

2 million Iraqi oil barrels to arrive in Egypt on Feb. 15

Mon, 05 Feb 2018 - 09:13 GMT

The first 2 million-barrel crude oil shipment coming from Iraq will arrive in Egypt’s capital of Cairo, on February 15.

Government approves 4 oil, gas agreements worth $230M

Thu, 28 Dec 2017 - 10:34 GMT

"The agreements include drilling 17 new wells," Minister of Petroleum Tarek el-Molla announced.

EGPC prepares to repay $500 - $750M to foreign firms by end of 2017

Sun, 19 Nov 2017 - 04:36 GMT

EGPC prepares to settle part of the debt due by repaying between $500 million and $750 million to foreign oil and gas companies by the end of 2017.

Egypt receives last Iraqi crude shipment under current contract

Tue, 17 Oct 2017 - 12:04 GMT

This pushed up the total quantities received from Iraq to 12 million barrels.

Egypt considers renewing Iraqi crude deal

Mon, 25 Sep 2017 - 02:05 GMT

Under an agreement reached in April in Baghdad, 12 million barrels of oil shipments are to be delivered to Egypt from SOMO.

EGPC pays $6.2 billion in arrears to foreign oil firms

Thu, 21 Sep 2017 - 11:40 GMT

EGPC also paid $19.3 billion to the companies to purchase oil and repay loans.

EGPC approved to develop Suez Canal’s Ras Fanar region

Thu, 07 Sep 2017 - 08:59 GMT

The cabinet approved Wednesday assigning the development of the Suez Canal’s Ras Fanar region to the Egyptian General Petroleum Corporation.

EGPC approved to develop Suez Canal’s Ras Fanar region

Thu, 07 Sep 2017 - 08:59 GMT

The cabinet approved Wednesday assigning the development of the Suez Canal’s Ras Fanar region to the Egyptian General Petroleum Corporation.

Government amplifies fuel supplies for Eid

Wed, 30 Aug 2017 - 06:00 GMT

EGPC will increase shares of fuel stations on highways by 20 percent.

Khalda, Qarun petroleum firms’ output boosted in FY2016/17

Tue, 15 Aug 2017 - 11:29 GMT

Khalda invested $502 million, while Qarun invested $137 million over the previous fiscal years.

Petroleum Ministry to resume Asyut-Sohag butane gas line

Sun, 13 Aug 2017 - 01:35 GMT

Contractor of Asyut-Sohag line, EGPC-affiliated Petrojet, was not able to conclude works on schedule due to repetitive protests of residents in the project’s site.

EGPC auctions two Eastern Desert areas for oil exploration

Sun, 13 Aug 2017 - 08:51 GMT

The bid areas are Wadi Dara and West Ghareb at 50 km and 20 km of space respectively.

10 facts about Egypt’s ‘super giant’ gas field Zohr

Fri, 04 Aug 2017 - 10:00 GMT

10 facts one should know about Egypt’s major discovery.

LPG consumption down 10%: Butagasco

Wed, 02 Aug 2017 - 08:21 GMT

The rate of consuming LPG reached 180,000 cylinders per day in July, down from 200,000 cylinders in June before the hike of their prices.

Egypt to receive more crude from Iraq this week

Sun, 30 Jul 2017 - 01:19 GMT

Egypt received to date three Iraqi crude shipments with a total volume of six million barrels.

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