Karim Badawi, Minister of Petroleum and Mineral Resources, met with leaders of international oil companies (IOCs) operating in Egypt to discuss a five-year roadmap to intensify exploration and production (E&P) ac...
bp, the British energy major, forecasts its upstream production in the fourth quarter (Q4) of 2025 to be broadly in line with the previous quarter, with stable output in oil production and operations offset by lower ...
UK Energy giant bp reaffirmed its commitment to boosting investments in Egypt, accelerating drilling programs, and turning discoveries into actual production on an accelerated pace. This came during a meeting of Karim...
Egypt’s Zohr gas field, where Russia’s Rosneft holds a 30% stake, and bp owns 10%, was added to a list of projects that the UK has exempted from its sanctions on entities with Russian holdings, according t...
bp, the leading energy giant, announced that its underlying replacement cost profit (RC profit) recorded $2.2 billion in the third quarter (Q3) of 2025, compared to $2.4 billion in Q2 2025 and $2.26 in Q3 2024. RC pro...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior officials and CEOs of leading international energy companies (IOCs) on the sidelines of the ADIPEC Exhibition and Conference 2025 in Abu Dhabi...
bp has reached an agreement with Sixth Street-managed funds for the sale of non-controlling interests in its Permian and Eagle Ford midstream assets. The transaction is valued at $1.5 billion and will be executed in t...
Iraq’s Ministry of Oil highlighted that the Kirkuk Fields Development Project will raise oil and gas production and curb flaring through effective investment, with the Ministry noting that it will also revive economic...
bp confirmed a significant gas condensate discovery at the Volans-1X exploration well in Namibia’s Orange Basin, marking the company’s eleventh exploration success this year. The well, drilled in Petroleum Explo...
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Italian Eni and UK bp to extend the development lease for the Baltim East field in Baltim, offshore the Nile Delta region. Under the exten...