Castrol unveils refreshed brand to reflect changing needs of customers
Castrol, a global leader in lubricants, part of the bp group, today unveils its refreshed brand, including an updated look and feel. The brand refresh is aimed at better reflecting its unique positioning in the market and the opportunities it sees in meeting the changing needs of customers. Castrol is exploring opportunities to provide solutions […]
B Investments announces sale of 20% of its Total Egypt stake for EGP 146 mn
B Investments announces the Exit of 20% of its stake in Total Egypt for Total Proceeds of EGP 146 million B Investments Holding announced that it has entered into an agreement to sell 20% of its stake in Total Egypt to Total Outre-Mer for a total consideration of approximately EGP 146 million, in accordance with […]
TAQA Arabia to inaugurate new natural gas fueling stations this year
TAQA Arabia is planning to open several natural gas fueling stations before the end of the year at a combined cost of EGP 145 mn, TAQA CEO Pakinam Kafafi said, according to Al Mal. The new stations will bring the total number operated by the Qalaa Holdings subsidiary to 21, and come as part of […]
ENOC Misr expands distribution and starts production in Egypt
ENOC Misr, a joint venture between Proserv Group and the UAE’s Emirates National Oil Company (ENOC), signed a memorandum of understanding with local lubricant manufacturers to evaluate blending and manufacturing ENOC lubricants in Egypt. The move comes as part of ENOC Misr’s ambitious plans to maximise operational efficiency and ensure product availability in the local […]
Borouge sets up petrochemicals marketing company in Egypt
Borouge, a UAE petrochemicals company, said that it has set up a new marketing company in Cairo, Egypt to support its MENA growth strategy. The company, which provides plastics solutions, is looking to meet customer requirements in the region and said the new marketing company reflects its strong business relationship with customers in this fast-growing […]
ADNOC Distribution looking to expand into Egypt, North Africa – COO
ADNOC Distribution eyeing entry into Egyptian market? Emirati fuel retailer ADNOC Distribution is looking at Egypt as a potential market for its planned expansion out of the UAE, COO Mohammad Al Hashimi tells Bloomberg TV (watch, runtime: 7:15). Al Hashimi said that he sees Egypt as a “great market” with “massive growth,” positive macro indicators, […]
ENOC signs agreement with EGPC for marketing of jet fuel in Egypt
The Egyptian General Petroleum Corporation (EGPC) and the UAE’s ENOC signed a commercial agreement allowing the company to enter the jet fuel activity in Egypt. This agreement comes in line with the directives of the political leadership of the two countries to enhance mutual cooperation and benefit from the expertise, capabilities and technologies available to […]
Shell to host BMW DTM driver Augusto Farfus at Automech Formula
Shell Lubricants Egypt announced its sponsorship of the 25th edition of Automech Formula 2018 International Motor Show, to be held at Egypt International Exhibition Center in New Cairo, from the 26th to the 30th of September. For the first time in Egypt, Shell will host Augusto Farfus, DTM driver for the BMW M Motorsport Team, […]
Amalie Oil and ACPA sign MoU to explore partnership in Egypt
US motor oil and auto fluids manufacturer Amalie Oil Company signed an MoU with state-owned Alexandria Company for Petroleum Additives (ACPA) which would see them explore the possibility of partnering together on manufacturing or marketing motor oils, according to an Oil Ministry statement picked up by Al Mal. (Source: Enterprise.press)
El-Molla, Halliburton discuss cooperation on oil & gas marketing platform
Oil Minister Tarek El Molla met with Halliburton’s President of Eastern Hemisphere Joe Rainey to discuss cooperation in setting up an electronic platform for marketing available concessions for oil and gas exploration and production, under two agreements signed back in April. Minister of Oil Tarek el-Molla on Thursday discussed co-operation over petroleum projects with Joe […]
