News / Egypt

Romanian Investors Eye Egyptian Oil, Gas Sector

Three Romanian companies intend to compete for the investment opportunities offered by the Ministry of Petroleum and Mineral Resources (MoPMR) for crude oil and natural gas exploration operations.

Badawi Participates in US Chamber of Commerce Roundtable Discussion in Washington

Minister of Petroleum and Mineral Resources Karim Badawi participated in a roundtable discussion organized by the US Chamber of Commerce in Washington coming in line with strengthening strategic relations between the two countries in the energy sector.

Egypt Signs Historic Deal for Liquid, Gas Bulk Facility at Dekheila Port

Minister of Petroleum and Mineral Resources Karim Badawi and Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir witnessed the initial signing of a contract to build, develop, use, manage, operate, exploit, maintain, and redeliver the superstructure of a marine and land liquid and gas bulk handling facility at Dekheila Port between the Alexandria Port Authority and Alexandria Supply Chain Company.

Egypt Calls for Boosting Integration, Partnerships to Exploit Africa’s Energy Resources

Minister of Petroleum and Mineral Resources Karim Badawi participated in the 10th Annual Powering Africa Summit in Washington with high-level attendance from ministers, officials, investors, and funding institutions.

Egypt-US Energy Talks at Powering Africa Summit Focus on Strengthening Bilateral Collaboration

On the sidelines of the 10th Annual Powering Africa Summit held in Washington, Minister of Petroleum and Mineral Resources Karim Badawi met with his American counterpart Chris Wright, US Secretary of Energy.

Agiba Develops Iris Field in Record Time Producing 8,500 boe/d

Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert.

Nile Petroleum Company Reports Significant Achievements in 2024

The regular general assembly of Nile Petroleum Company was chaired by Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC), and was held in the presence of leaders from the Ministry of Petroleum and Mineral Resources and heads of contributing companies to review the company’s performance for 2024.

Petroleum Minister Reviews Sector Updates with House of Representatives, Senate to Enhance Integration

Minister of Petroleum and Mineral Resources Karim Badawi held a regular meeting with members of the House of Representatives and the Senate within the framework of enhancing communication and integrated work between the Ministry and the parliamentary councils.

TAQA Arabia Announces Strong 2024 Results, Driven by Growth Across All Divisions

TAQA Arabia, Egypt's leading private sector energy group, announced exceptional financial results for the year 2024, demonstrating resilience and robust growth despite a complex operating environment. The company reported a 40.4% surge in revenues, reaching EGP 18.905 billion, while EBITDA increased by 34.6% to EGP 2,003.3 million, and net income rose by 26.7%.

Egypt PM Reviews Ambitious Green Hydrogen Project in Gulf of Suez

Prime Minister Mostafa Madbouly convened a high-level meeting to review a proposed project for the production of green hydrogen and ammonia in the Gulf of Suez.

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