Karim Badawi, Minister of Petroleum and Mineral Resources, affirmed that the petroleum sector’s five‑year plan aims to double domestic crude oil production by 2030 through expanded application of the latest techno ...
The Gulf of Suez Petroleum Company (GUPCO) announced the commissioning of the second phase of the North Safa field development project in the Gulf of Suez, with investments from UAE’s Dragon Oil, in partnership wi ...
Genel Energy, a British oil and gas exploration and production company, is expanding into Egypt through a $360 million all-cash acquisition of Capricorn Energy, a strategic move aimed at diversifying beyond its di ...
Minister of Petroleum and Mineral Resources, Karim Badawi, met Sultan Al Jaber, UAE's Minister of Industry and Advanced Technology and the CEO of Abu Dhabi National Oil Company (ADNOC) Group, to discuss increasing ...
At the start of his official visit to Abu Dhabi, Karim Badawi, Minister of Petroleum and Mineral Resources, visited the Engineering for the Petroleum and Process Industries (ENPPI) project site in Habshan to revie ...
Speaking at the government's weekly press conference, Prime Minister Mostafa Madbouly said Egypt's Automatic Fuel Pricing Committee will review fuel prices in the first quarter of the 2026/27 fiscal year and may e ...
Maridive & Oil Services delivered a financial rebound in the first quarter of 2026, returning to profitability on the back of higher revenues and disciplined cost control.
The Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources reviewed their ongoing joint summer work plan, which was structured to counter an anticipated 8% increase in pea ...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Amr El Marsafawy, Chairman of AFAQ Mining, an Egyptian company engaged in gold exploration in the Eastern Desert, accompanied by his delegation. ...
The Board of Directors of Alexandria Mineral Oils Company (AMOC) approved a revised operating budget for fiscal year (FY) 2026, projecting an estimated net profit after tax of approximately EGP 2.099 billion. This ...
