- Crude Oil (WTI) 73.92 USD/bbl 3.51%
- Crude Oil (Brent) 78.56 USD/bbl 4.44%
- NYMEX Natural Gas 2.90 USD/MMBtu -1.36%
- OPEC Basket Price 76.25 USD/bbl -2.19%
Kom Ombo block
Ganope To Revive Production Wells at Al Baraka Oil Field
The South Valley Egyptian Petroleum Holding Company (Ganope) has launched a comprehensive program to revive production wells at the Al Baraka oil field in the Kom Ombo block, Aswan Governorate. The program includes workover operations on existing production wells, alongside the drilling of new development and exploration wells. This comes as part of the Ministry of Petroleum and Mineral Resources' strategy to boost domestic oil and gas production and maximize the potential of promising resources in Upper Egypt.
Live Webinar
IGU Webinar: Hormuz Crisis Cuts Gulf LNG Exports by 35 bcm
TThe liquefied natural gas (LNG) loadings from Qatar and the United Arab Emirates (UAE) dropped by 35 billion cubic meters (bcm) since the eruption of the Middle East conflict in March 2026 compared with the same period last year, said Gergely Molnar, Energy Analyst at the International Energy Agency (IEA) during a recent live webinar by the International Gas Union's (IGU) reflecting on its 17th annual edition of the World LNG report.
Turkmenistan
Turkmenistan H1 Gas Production Edges Higher to 39.1 bcm
Turkmenistan, which holds the world’s fourth-largest proven natural gas reserves, produced 39.1 bcm of natural gas in the first half of 2026, up slightly from a year earlier, while China remained the country’s largest export market.
Jordanian Egyptian Fajr Company
Egypt, Jordan Near Completion of Key Gas Compresser Station
Minister of Petroleum and Mineral Resources Karim Badawi toured Jordan to inspect the development in the construction of the Al Khanasri gas compressor station, a key project executed by Egyptian petroleum sector companies.
Fajr for Natural Gas Transmission and Supply
Badawi Discusses Mining Cooperation with JPMC CEO
During his visit to Jordan, Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), met with Abdel Wahab Al-Rowad, CEO of the Jordan Phosphate Mines Company (JPMC).
cooperation
Egypt, Jordan Explore Phosphate, Green Hydrogen Cooperation
Egypt and Jordan are advancing energy cooperation by expanding natural gas infrastructure, strengthening mining partnerships, and exploring joint opportunities in phosphate, green hydrogen, and value-added industries.
Kaolin
Egypt Ranks 14th in Kaolin, 24th in Talc Globally
Egypt ranked among the world's leading producers of kaolin and talc in the World Mining Data 2026 report, reflecting strong growth in mineral output. Building on this momentum, the government launched the Open Blocks System to attract investment, expand mineral exploration, and promote value-added mining industries.
Arctic exploration
IEA Urges EU to Rethink Arctic Drilling Ban
The International Energy Agency (IEA) CEO, Fatih Birol, has called on the European Union (EU) to reconsider its stance against Arctic oil and gas exploration as the bloc works to safeguard future energy supplies, Reuters reported.
