President Abdel Fattah El-Sisi held a meeting with Terje Pilskog, Norway's Scatec CEO, and Lei Zhang, the Chairman of the Chinese Envision Energy, to discuss expanding renewable energy investments and green hydrog ...
Pharaonic Petroleum Company (PhPC) achieved production of 76,000 barrels of oil equivalent (boe/d) during the first half (H1) of fiscal year (FY) 2025/26. PhPC Chairman Hossam Zaki revealed that this output compri ...
The Egyptian General Petroleum Corporation (EGPC) concluded a two-day forum to discuss the strategy for transitioning to "Performance-Based Contracting Models"(PBC) in oil well drilling deals. PBC is a procurement ...
Assiut Oil Refining Company (ASORC) targets refining 4.2 million tons (mmt) of crude oil during fiscal year (FY) 2026/27, ASORC Chairman Issa Alaq stated during the general assembly meeting attended by Karim Badaw ...
Cooperation Petroleum Company (CPC) investment plan details a total of EGP 1.2 billion investments in fiscal year (FY) 2026/27, CPC’ Chairman, Mostafa El Sayed, noted. This came during the general assembly meeting ...
Fitch Solutions expects Egypt’s annual natural gas production to increase by 8% Year-on-Year (YoY) in 2026, reaching 46.6 billion cubic meters (bcm) compared to 2025. This growth follows a production decline durin ...
The Gulf of Suez Petroleum Company’s (GUPCO) aims to increase its production from 65,000 barrels of oil per day (bbl/d) currently to 75,000 bbl/d in fiscal year (FY) 2026/27, Abdul Wahab El-Maghawry, the company's ...
Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with representatives from international technology providers and service companies operating in Egypt, including SLB, Baker Hughes, Weather ...
Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with the Board of Directors of the Mineral Resources and Mining Industries Authority (MRMIA), chaired by Yasser Ramadan, to discuss the lau ...
The total production of the Sukari gold mine in 2025 came at 500,000 ounces, compared to 481,000 ounces in 2024, driven by higher ore throughput and improved equipment availability. The total cost of production is ...
