Centamin CEO Projects 5 Million Ounces of Gold Extraction in Egypt Over Next Decade
During his speech at the Egypt Mining Forum (EMF), the CEO of Centamin Company, Martin Horgan expected extraction of 5 million ounces of gold during the next decade.
News / Egypt
Badawi Inaugurates Third Egypt Mining Forum
The Minister of Petroleum and Mineral Resources Karim Badawi said that Egypt currently owns 7.3 million ounces of gold and it has produced about 560,000 ounces of gold during the fiscal year (FY) 2023/24 in addition to 17.5 million tons of other minerals.
Badawi Meets with Oil Industry Leaders to Tackle Challenges and Drive Growth
The Minister of Petroleum and Mineral Resources Karim Badawi has met with the CEOs and representatives of the International Oil Companies that are working in Egypt, reviewing the current situation of the petroleum industry in Egypt in addition to the challenges and how to solve them.
Egypt Receives Five LNG Shipments as Part of Plan to End Electricity Load Shedding
The Egyptian Natural Gas Holding Company (EGAS) announced the receive of five shipments of liquified natural gas (LNG) as part of the contracts that the government signed to provide the needed fuel for the power stations and stop electricity load reduction plan.
Badawi, UAE Ambassador Explore Investment Opportunities in Egypt
In a meeting with the Minister of Petroleum and Mineral Resources Karim Badawi, the UAE’s Ambassador to Egypt Maryam Al Kaabi said that Egypt is an attractive destination for investments expressing UAE’s desire to strongly invest in the Egyptian oil and gas sector.
PM, Petroleum Minister Meeting Focuses on Fuel Reserves for Electricity
Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Finance Ahmed Kouchouk to review the progress of preparing strategic fuel reserves needed for operating power stations.
APEX Appoints Tom Everitt VP, Managing Director of PetroFarah JV
Apex International Energy has announced that Tom Everitt has joined the company as the Vice President, Engineering, and General Manager and Managing Director of the company's PetroFarah joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC).
Badawi Delivers Ministry Statement before Parliament Committee
In the statement, Badawi explained that there are currently 145 commitment agreements in force in the field of research and exploration for oil and gas, which have been concluded with 40 partners.
Prime Minister Stresses the Necessity of Increasing Production, Paying Partners’ Dues
The Prime Minster Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi stressing the necessity of fast increasing the petroleum’s sector production in cooperation with the foreign partners and focusing on paying those partners’ duties.
