Dana Gas Eyes Egypt Growth, Seeks Payment Release

• Sunday, 10th November 2024
• by Doaa Ashraf

Dana Gas released its financial results for nine months ending 30 September 2024, reporting a decline in net profit of AED 410 million ($112 m), compared to AED 462 million ($126m) in 9M 2023, due to lower realized pr...

Badawi Unveils Key Petroleum Sector Milestones and Ambitious Plans for 2025

• Thursday, 24th October 2024
• by Fatma Ahmed

Minister of Petroleum and Mineral Resources Karim Badawi announced that the petroleum sector is currently producing 1.4 million barrels of oil equivalent per day (mmboe/d). He noted that new production was added durin...