Prime Minister Mostafa Madbouly stressed the importance of setting a timeline for cooperation with Libya in natural gas and oil exploration, as well as supporting electricity interconnection between the two countr ...
Maridive & Oil Services Company (Maridive) announced it has received a non‑binding offer from the Arab Petroleum Investments Company (Arab Energy Fund) to acquire 20% of its share capital, valuing the potential tr ...
Italian Eni and French TotalEnergies have reached the Final Investment Decision (FID) to develop Cronos project, in deep waters offshore Cyprus, with the target to bring the first Cypriot gas to market in 2028.
Egypt and the UK discussed expanding cooperation in renewable energy, grid modernization, battery energy storage, and increasing British investments to support Egypt's energy transition and renewable energy target ...
Karim Badawi, Minister of Petroleum and Mineral Resources, confirmed the ministry’s success in fully securing the local market’s needs for natural gas during the recent peak consumption period, which coincided wit ...
Amid rising Red Sea shipping risks, Saudi Aramco is expanding crude exports through Egypt's Sidi Kerir terminal, highlighting the strategic role of the SUMED Pipeline in maintaining reliable access to global marke ...
Gulf of Suez Petroleum Company (GUPCO), the joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and the UAE’s Dragon Oil, has raised its crude oil production to 71,250 barrels per day (bbl ...
Alaa El-Din Abdel Fattah, Chairman of the Egyptian Petrochemicals Holding Company (ECHEM), inspected the industrial complex of its affiliate, the Egyptian Ethylene and Derivatives Company (ETHYDCO). The facility p ...
Libya’s National Oil Company (NOC) confirmed that the “Essar” discovery, made by OMV Austria, is commercially viable. The announcement follows the drilling of well B1-106/4 and the completion of the company’s deve ...
The Egyptian Refining Company (ERC), a leading Egyptian privately owned refinery, continued to run above its nameplate capacity and benefited from stronger refining spreads amid geopolitical volatility in global e ...
