Dana Gas Egypt Records First output Growth in Nine Years

• Sunday, 17th May 2026
• by Doaa Ashraf

The Egyptian assets of Dana Gas, the Middle East’s largest regional private-sector natural gas company, recorded one of their strongest operational performances since 2017  during the first quarter (Q1) of 2026, with production rising 4% YoY to 13,050 barrels of oil equivalent per day (boe/d). This marks the first growth in production in nine years. 

In a press release, Dana Gas attributed the improvement to its ongoing investment program under the Consolidated Concession Agreement signed in  December 2024.  The agreement consolidated 13 development leases from El Manzala, West El Manzala and West El Qantara into a single concession, New El Manzala and aimed at stabilizing production and reviving sustainable growth across its Nile Delta assets.

Badawi Reviews Gas Grid Readiness for Summer Electricity Demand

• Sunday, 17th May 2026
• by Sarah Samir

Karim Badawi, Minister of Petroleum and Mineral Resources, reviewed the operational readiness and stability of the national natural gas grid to ensure it can secure the supply needed to cover the needs of power stations and the industrial sector during the summer season.

Badawi Reshuffles Petroleum Leadership, Appoints New Ministry Officials

• Sunday, 17th May 2026
• by Sarah Samir

Karim Badawi, Minister of Petroleum and Mineral Resources,  issued new transfers and assignments, including several ministry leaders as well as chairmen and board members of affiliated companies. This falls within the ministry’s plan to develop the administrative structure, inject fresh talent, and enhance operational efficiency across various work sites.

Badawi Names New Petroleum Leaders After Retirement of Ragaee, Bahaa

• Sunday, 17th May 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, has issued a new round of leadership appointments and transfers within the petroleum sector.

ITFC, EGPC Sign $800Mn loan Agreement to Support Energy Sector

• Thursday, 14th May 2026
• by Doaa Ashraf

The Egyptian General Petroleum Corporation (EGPC) has signed $800 million loan agreement with the International Islamic Trade Finance Corporation (ITFC) to support the energy sector, noted a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).

Based in Saudi Arabia as the host country, ITFC is an autonomous entity within the Islamic Development Bank Group established with the purpose of advancing trade to improve the economic condition and livelihood of people across the Islamic world.  

Following the signing, Karim Badawi, Minister of Petroleum and Mineral Resources underscored the depth of the Egyptian Saudi cooperation the energy sector, highlighting Suez–Mediterranean Pipeline(SUMED) project as a successful model of Arab integration and cooperation.

MoPMR Celebrates Women’s Role in Driving Egypt’s Energy Sector

• Wednesday, 13th May 2026
• by Fatma Ahmed

Ministry of Petroleum and Mineral Resources (MoPMR) celebrated the growing role of women in the energy industry during an event titled “Women… Energy Driving the Future,” attended by Karim Badawi, Minister of Petroleum and Mineral Resources, senior officials, parliamentarians, and industry leaders. The event highlighted the ministry’s ongoing commitment to empowering women as a key driver of progress across the petroleum, gas, mining, and petrochemicals sectors, according to a statement by MoPMR.

Badawi: No Power Outages During Summer

• Wednesday, 13th May 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that preparations for Summer 2026 are progressing in full coordination with the Ministry of Electricity and Renewable Energy to secure the fuel and natural  gas supplies for power plants, ensuring a stable electricity supply without outages, according to a release by the ministry.

TotalEnergies to Resume Gas Exploration in Egypt, Eyes Western Mediterranean

• Wednesday, 13th May 2026
• by Fatma Ahmed

The French energy major, TotalEnergies, signed a memorandum of understanding (MoU) with the Egyptian Natural Gas Holding Company (EGAS) to cooperate on natural gas exploration in the Western Mediterranean. The agreement, according to a Cabinet statement, covers a large offshore area and aims to advance early-stage exploration in one of Egypt’s most promising frontier regions.

Karim Badawi, Minister of Petroleum and Mineral Resources,welcomed TotalEnergies’ return to gas exploration in Egypt, describing it as a positive outcome of the ministry’s strategy to create an attractive investment climate through reforms, incentives, and settling dues owed to partners.

Egypt, Norway Agree on Five-Year Energy Cooperation Plan

• Wednesday, 13th May 2026
• by Doaa Ashraf

Egypt and Norway have agreed to work on a five-year strategic cooperation plan covering green energy, carbon reduction, and natural gas exploration. This came during a meeting between Karim Badawi, Minister of Petroleum and Mineral Resources and Erik Husem, the Norwegian Ambassador, to bolster strategic partnership in the energy sector

McKinsey Eyes Expansion in Egypt’s Oil and Gas Market

• Wednesday, 13th May 2026
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Karim Badawi, met a delegation from McKinsey & Company to explore potential avenues of collaboration between Egypt’s oil and gas sector and the global consulting firm. The meeting reflects McKinsey’s interest in partnering with Egypt’s energy sector, which is witnessing rapid positive developments and boasts strong competitive advantages, particularly its advanced infrastructure, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR).