The National Iranian Gas Company (NIGC) announced that it delivered a total of 6.49 billion cubic meters (bcm) of natural gas to the industrial sector, including power plants, petrochemical units, steel producers, and cement factories, during the 18-day period from March 20 to April 7. This marks a 6.89% increase compared to the same period last year.
Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements across Egypt.
The CEO of the Fuel Consumption Optimization Company Hossein Hosseinzadeh announced plans to reduce energy consumption in three sectors: industry, transportation, and construction., aiming to save 1.285 million barrels of crude oil equivalent (mmboe) by the end of the seventh development program (2028).
In a significant move to fortify the nation's energy security, the Egyptian oil and gas sector is currently bolstering efforts to expand the country’s growing natural gas grid.
Egyptian Petrochemical Company Ahmed Mowakea Chairman announced that the company has achieved its PVC production plan by 100% which exceeds 30,000 tons from received ethylene and 55,000 tons of caustic soda.
Minister of Petroleum and Mineral Resources Karim Badawi held a tour visit to Misr Fertilizers Production Company (MOPCO) complex during which he looked into the latest developments of the plant and the situation of applying safety measures and boosting green production..
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting to discuss the strategy of Petrojet's operations during the next period and explore the means for local and international expansion.
Coal, once a dominant energy source, is making a surprising resurgence. Despite its well-documented environmental and health hazards, the global energy crisis has led to a renewed interest in this polluting fossil fuel. As countries grapple with rising energy costs and supply chain disruptions, coal is being seen as a short-term solution to meet immediate energy demands. However, this reliance on coal threatens to undermine efforts to combat climate change and transition to a sustainable future. While coal may offer a temporary reprieve, its long-term consequences for the planet and public health are far too severe to ignore.
Abu Qir Fertilizers Company (AFC) achieved total revenues of about EGP 28.87 billion during fiscal year (FY) 2023/24, compared to EGP 28.59 billion during the previous year, an increase of 57% over what was planned and an increase of 1% over the preceding year.
Egyptian Petrochemical Company Chairman, Ahmed Mowakea, reviewed the most important business results achieved by the company during fiscal year 2023/24. Mowakea further reviewed the projects that were implemented to increase the production capacities of chlorine; caustic soda; vinyl chloride monomer; and polyvinyl chloride factories.
