Thirty-eight projects were launched by the Egyptian General Petroleum Corporation (EGPC) during the fiscal year (FY) 2024/25; of these, 18 are now fully operational, while 20 are in advanced stages of execution, a ...
Egypt Kuwait Holding Company, a leading investment company in the Middle East and North Africa (MENA) region, reported a 32 % increase in its revenues to reach $397 million in the first half of 2025, compared to t ...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Vineet Mehra, CEO of International Resources Holding Company (IRH) Global Trading to discuss collaboration in financing and mining.
The government's regular monthly payment of accumulated arrears for foreign partners would encourage them to return to produce at the previous high output levels, boosting Egypt's natural gas supply by 2027, said ...
Mohamed Radwan, Ganoub El Wadi Petroleum Holding Company's (Ganope) Vice Chairman for Agreements and Exploration and Egypt Upstream Gateway's (EUG) Project Manager at the Ministry of Petroleum, revealed that the g ...
Karim Badawi, the Minister of Petroleum and Mineral Resources, met with Mostafa El Gabaly, CEO of Polyserve for Fertilizers and Chemicals to discuss speeding up the launch of a new project developed by the group t ...
Egypt has been selected as one of only seven countries worldwide to benefit from the Climate Investment Funds (CIF) program—a recognition of the nation’s tangible efforts and serious steps toward transitioning to ...
The Egyptian Soda Ash Company (ESAC) and several national and regional financing institutions signed an Agreement in Principle (AIP) for financing a Soda Ash production project for an estimated $490m. The ESAC pro ...
A team from El Wastani Petroleum Company (WASCO) restored production from the Balsam-3 well, which had been slated for permanent abandonment, transforming the well from a candidate for abandonment into a natural g ...
Oil sales from VAALCO Energy's Egyptian operations amounted to $112.844 million for the six months ending June 30, 2025. Meanwhile, net revenues from Egypt reached $67.177 million during H1 2025, according to a re ...
