Egyptian natural gas production increased by 19.4% year-on-year (YOY) to reach 3.805 million tons in June 2018, compared to...

The Ministry of Petroleum has reached an agreement with its partners in the Damietta liquefaction plant to gradually re-open...

Egypt has signed hedging contracts with American banks J.P. Morgan and Citibank to protect against fluctuating oil prices, an...

Qalaa Holdings is in negotiations to increase its shareholdings in the Egyptian Refining Company (ERC), Qalaa managing director, Hisham...

Belayim Petroleum Company (Petrobel) beat its fiscal year (FY) 2017/18 crude production targets, pumping 433,000 barrels of oil equivalent...

Belayim Petroleum Company (Petrobel) drilled 35 wells in fiscal year (FY) 2017/18 at a total cost of $179 million,...

Pharaonic Petroleum Company produced 174 billion cubic feet (bcf) of natural gas and 2.2 million barrels of condensates during...

The Gulf of Suez Petroleum Company’s (GUPCO) produced an average of 71,000 barrels per day (b/d) of crude oil...

Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the...

Eni has made a new natural gas discovery in Egypt’s Western Desert, the company announced in a press release....