The Egyptian Natural Gas Holding Company (EGAS) added 28 new wells to Egypt’s gas production map through nine development projects, with investments totaling $1.12 billion, during fiscal year (FY) 2025/26, EGAS Execut...
Energy solutions firm Korra Energi reported a 42.5% year-on-year (YoY) increase in gross profit to EGP 373 million during the first quarter (Q1) of 2026, backed by the positive performance of the energy and constructi...
Egyptian Company for Mineral Resources (ECMR) Chairman Hany Mostafa stated that the company’s revenues recorded an increase of 36%, equivalent to EGP 92 million, reaching EGP 1,098 billion during the fiscal year (FY) ...
Organization of Arab Petroleum Exporting Countries (OAPEC) has conducted its 110th ministerial meeting in Kuwait headed by the Naseer Aziz Gabbar, the representative of Iraq at OAPEC’s Executive Office as Iraq is the ...
The Organization of Arab Petroleum Exporting Countries (OAPEC) held a ministerial meeting to discuss preparations for the 12th edition of the Arab Energy Conference which will be held in Qatar during Q4 2023 in additi...
Wintershall Dea demonstrated strong operational and financial performance for Q1 2022 even with the economic fallout of the Russia-Ukraine war, according to the company’s latest report. Wintershall Dea’s Chief F...
Wintershall Dea’s CEO Mario Mehren announced that his company decided to keep its projects in Russia after conducting intensive discussions . This announcement was made during the Wintershall Dea’s press confere...
Egypt Maintenance Company (EMC) announced that it has achieved EGP 14. 4 billion worth business during 2021, an increase of 118% from the previous year, a press release issued by the Ministry of Petroleum and Mineral...
Eni announced that it has achieved the highest adjusted net profit in 2021 reaching EUR 4.7 billion since 2012, the company disclosed in a press release. The company pointed out that the increase in its profits was du...
Khalda Petroleum Company has made 4 new oil discoveries, recording total reserves of around 21 million barrels of oil equivalent (mmboe), the company’s chairman, Saeed Abdel Moniem, announced during the general assemb...