The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces lubricants and greases and offers services for oil and gas projects. The company was established in 1956 with its headquarters in Cairo. At the foundation stage it was named General Petroleum Authority. It was renamed as Egyptian General Petroleum Corporation in 1962. In February 2018, EGPC partnered with Israel-based company Noble and Delek in a venture called EMED to acquire a 39% stake in the East Mediterranean Gas Company. As director of the majority partner in EMED serves former chairman of EGPC Mohammed Shoeib. In 2020, EGPC announced to license about 60 new fuel across Egypt. The company also announced its plans to invest EGP 379 million to build fuel stations and warehouse storage. Currently Abed Ezz El Regal serves as CEO of EGPC. More information...
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