Egypt Oil and Gas (EOG) Group has launched the fourth edition of “She Is Energy” Event on April 15, 2025 at Triumph Luxury Hotel. The Workshop was technically prepared by Egypt’s Women in Energy Network which is a part of the EOG Committee.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Elkhan Polukhov Ambassador of the Republic of Azerbaijan to Cairo, and his accompanying delegation. The meeting discussed opportunities for establishing a strategic partnership between Egypt and Azerbaijan in the field of oil and gas.
Sidi Kerir Petrochemicals Company (SIDPEC) generated an outstanding net profit of EGP 2.539 billion in 2024, a 3% increase from last year, despite global economic and geopolitical challenges. The General Assembly highlighted SIDPEC’s remarkable performance across production, sustainability, and community engagement.
Minister of Petroleum and Mineral Resources Karim Badawi met with OAPEC Secretary-General Jamal Essa El-Loughani to discuss enhancing Arab energy integration, restructuring OAPEC, and fostering regional cooperation. Key topics included leveraging expertise, proposing a Center of Excellence, and advancing green energy initiatives.
Methanex Egypt has completed the construction of a 450-meter pipeline and installed a transfer pump to deliver methanol directly to the nearby Suez Methanol Derivatives (SMD) plant in Damietta. This project, which started in April 2023, also includes maintenance services and the supply of up to 160 tons of methanol per day under their agreement.
Minister of Petroleum and Mineral Resources, Karim Badawi, convened a high-level meeting with heads and representatives of international oil companies (IOCs) operating in Egypt. The meeting was a part of a series of periodic reviews, focused on evaluating the sector's performance between July 2024 and March 2025 and outlining strategic objectives and work programs for the upcoming period.
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Lijue Wu, CEO of Ximei Resources Holding, and his delegation to explore investment opportunities in Egypt's mining sector. Badawi emphasized the importance of fostering ties with Ximei and advancing the mining sector through reforms to encourage competitiveness and investment.
As part of efforts to enhance cooperation between Egypt and the US in the Energy Sector, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Adam Cortese, CEO of Sun Africa, and his accompanying delegation. The meeting discussed the potential collaboration in the domains of oil and natural gas, renewable energy, carbon reduction, and mining activities.
Misr Fertilizers Production Company (MOPCO) achieved a remarkable fiscal year performance in 2024, reporting revenues of EGP 19.650 billion and a net profit of EGP 15.120 billion, reflecting a 153% growth compared to 2023.
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with executives from Barrick Gold, a global leader in mining, to reaffirm Egypt’s strategic commitment to transforming its mining sector into a key pillar of the national economy.
