Egypt

Egypt to work with UAE Masdar to make green hydrogen

Masdar and Hassan Allam (HA) Utilities, a subsidiary of Hassan Allam Holding, will form a strategic alliance to develop green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast, to produce up to 480,000 tons of green hydrogen annually, the Egyptian cabinet said in a statement.

Honeywell seeks to invest about $200 million in Egypt

Honeywell International seeks to invest about $200 million in petrochemicals and the production of green fuels for aircraft in Egypt, the Ministry of Petroleum has quoted Honeywell country president for Egypt as saying.

ANOPC General Assembly authorizes Eng. Badr to sign the AHC financing agreement

The unusual General Assembly of the company met on Sunday 12/12/2021 at the headquarters of the Egyptian General Petroleum Corporation

ANOPC signs a $350 million transit loan with a group of local banks to complete its new project

ANOPC signed a transit loan with a group of local banks worth 350 million dollars to complete its new project. An official said that within a few days, all procedures for the financial closure of the two loans will be done.

ANOPC events in EGYPS 2022

Within the framework of the state efforts to maximize the added value of its natural resources, especially in the field of energy, which is one of the most important pillars of development and advancement of the economy, and in light of the projects of the Ministry of Petroleum and Mineral Resources to develop state-owned refineries with the aim of meeting the local market needs of petroleum products to reduce the import bill for those products.

El-Molla Chairs Meeting of Petroleum Projects Supreme Committee to follow up on new projects

Minister of Petroleum and Mineral Resources Tarek El-Molla chaired the meeting of the Higher Committee for Petroleum Projects to review the engineering and construction work progress for a number of new refining and petrochemical projects being implemented, the ministry said in a statement.

Petroleum Ministry signs $1474million facility for Assiut Hydrocracking Complex with 6 banks

The Ministry of Petroleum and Mineral Resources signed contracts to finance the establishment of a mazut production complex through the hydrogen cracking of fuel oil in Assiut with a value of $1474 million with six international banks.