News & Events

AMOC held its Extraordinary General Assembly meeting on Saturday, November 14, 2026, chaired by Chem. Maged El-Kordy, Chairman and CEO and attended by Eng. Salah El-Din Abdel Karim, Chairman of the Egyptian General Petroleum Corporation (EGPC),Acc. Khaled Osman, Advisor to the Minister of Petroleum and Mineral Resources and Supervisor of the Internal Trade Sector, Acc. Mohamed Assy, Head of the Central Administration for Financial, Commercial and Economic Affairs at the Ministry of Petroleum and Mineral Resources, Eng. Ibrahim Mettawe, EGPC Executive Vice President for Planning and Projects, Eng. Wael Rizk, EGPC Executive Vice President for Refining and Manufacturing, Dr. Mohamed Atef, EGPC Executive Vice President for Foreign Trade, and Eng. Reham Alfa, Alexandria Petroleum Company’s Chairman and CEO. Also present were shareholder representatives, Board members, the company's auditors, representatives of the General Union of Petroleum Workers, and a number of petroleum sector leaders. Participating via video conference were Acc. Amal Tantawy, EGPC Executive Vice President for Financial and Economic Affairs, Acc. Ahmed Gamal, EGPC Executive Vice President for Administrative Affairs, Dr. Sayed El-Kharashi, representing the public offering share (individuals and other institutions), Mr. Karim Adel Mahmoud Abu El-Naga, representing Ahly Capital Holding, Ms. Mahitab Orabi, representing the Insurance Fund for Employees of the National Bank of Egypt. Chem. Maged El-Kordy announced several projects that have been studied with the aim of increasing production capacity and diversifying the product range. The most suitable ones are now being selected to proceed with the targeted expansions. This builds on AMOC's current role in meeting local market needs and exporting surplus output abroad, contributing to increasing the country's hard currency revenues. He then reviewed the main items on the Assembly's agenda. The Assembly approved amendments to Articles 7, 21, 28, 46 and 56 of the company's Articles of Association. The Assembly also addressed the exit of Misr Financial Investments from AMOC's shareholder structure, and the resulting end of its Board membership in light of the changes to the shareholder structure. Eng. Salah El-Din Abdel Karim, EGPC CEO, praised AMOC's performance, commending its positive results and continued efforts to maintain operational efficiency and strengthen its operating capabilities. The meeting also stressed AMOC's continued application of occupational safety and health and environmental protection standards, in line with the requirements and instructions of the Ministry of Petroleum and Mineral Resources and EGPC, with ongoing review and updating of the company's safety system. In closing, Chem. Maged El-Kordy thanked His Excellency Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, for his continued support of the company, and Eng. Salah El-Din Abdel Karim, EGPC CEO, for his ongoing backing of AMOC. He also thanked the company's employees for their efforts in maintaining operational efficiency and supporting its progress. #MinistryOfPetroleumAndMineralResources #MOP #EGPC #AMOC #PetroleumProducts #Oils