The French energy major, TotalEnergies, signed a memorandum of understanding (MoU) with the Egyptian Natural Gas Holding Company (EGAS) to cooperate on natural gas exploration in the Western Mediterranean. The agr ...
Egypt and Norway have agreed to work on a five-year strategic cooperation plan covering green energy, carbon reduction, and natural gas exploration. This came during a meeting between Karim Badawi, Minister of Pet ...
Minister of Petroleum and Mineral Resources, Karim Badawi, met a delegation from McKinsey & Company to explore potential avenues of collaboration between Egypt’s oil and gas sector and the global consulting firm. ...
Prime Minister Mostafa Madbouly held a meeting to review a proposal for launching an initiative that would enable factories to generate solar energy on their rooftops and use it in production, as a means to expand ...
Minister of Petroleum and Mineral Resources, Karim Badawi, recently held two high-level meetings with the leadership of the UK-based Shell and Malaysia's PETRONAS to discuss stepping up exploration and development ...
AngloGold Ashanti’s Sukari mine in Egypt delivered gross profit of $292 million in the first quarter (Q1) of 2026, marking an 80.25 % increase from its level in Q1 2025. Moreover, the total cash cost per ounce pro ...
The Egyptian government is accelerating a strategic shift toward localizing phosphate-based industries, pivoting away from exporting raw materials in favor of manufacturing high-value fertilizers and chemical prod ...
Vaalco Energy, the US-based operator, said it will begin a six‑well drilling program in Egypt in the second quarter of 2026. The campaign was not included in the original budget and will proceed without increasing ...
APA Corporation, parent of Apache, reported that natural gas production from Apache’s Egyptian operations averaged 381 million cubic feet per day (mmcf/d) in the first quarter of 2026, up 20% from the same period ...
Egypt Gas recorded a net profit after tax of EGP 321.8 million in 2025, marking 11% increase from 2024. This came on the back of a 20 % increase in the company's revenues during the same period to stand at EGP 9 ...
