President Abdel Fattah El-Sisi met with Italian Eni CEO Claudio Descalzi in New Alamein to discuss the company’s $8.5 billion investments in Egypt and plans to expand exploration and production activities.
Mohamed Farid, Minister of Investment and Foreign Trade, met with representatives of Italian companies Proger and Drexel to review a planned $278 million project to produce second-generation bioethanol from sugarcane waste in Egypt.
Karim Badawi, Minister of Petroleum and Mineral Resources, praised ANRPC for raising high-octane gasoline production and called for wider energy-efficiency projects across the petroleum sector.
Karim Badawi, Minister of Petroleum and Mineral Resources, highlighted APRC higher production and urged refineries to improve efficiency and make better use of available production capacity to reduce imports.
Karim Badawi, Minister of Petroleum and Mineral Resources, said that higher crude supplies and refinery efficiency projects have boosted production at Alexandria Petroleum Company, helping to meet local demand and reduce Egypt’s import bill.
Egypt and the UAE have moved to implement plans for a petroleum logistics zone at El Hamra Petroleum Port in New Alamein, following the establishment of Fujairah Alamein Oil and Gas Company.
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Mathios Rigas, CEO of Greek company Energean, to discuss expanding exploration and natural gas production activities in the Mediterranean.
Minister of Petroleum and Mineral Resources, Karim Badawi, reviewed progress on several phosphate and phosphoric acid projects as the ministry seeks to develop higher-value industries across the country’s mineral resources.
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, reviewed preparations for MOC 2026, which will bring energy companies, government officials and industry experts to Alexandria from October 20 to 22.
Ministry of Petroleum and Mineral Resources (MoPMR) has launched its 2026 international bid round, offering 14 oil and natural gas exploration blocks to international and Egyptian companies, as part of efforts to attract investment and increase domestic production, Karim Badawi, Minister of Petroleum and Mineral Resources, said.
