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 ...
The Egyptian General Petroleum Corporation (EGPC) and Algeria's state-owned energy giant, Sonatrach, signed a Memorandum of Understanding (MoU) to establish an institutional framework for Egypt’s purchasing Algeri ...
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Dan Moore, Global Vice President of Lubricants at ExxonMobil, to discuss means of strengthening cooperation with the US oil and gas giant in the ...
Misr Phosphate Company’s output reached 4.02 million tons, marking growth for the fifth consecutive year, outgoing chairman and managing director Mohamed Abdel‑Azim said in a Ministry of Petroleum and Mineral Reso ...
Prime Minister Mostafa Madbouly inspected Egypt’s offshore drilling rig Al‑Qaher‑2, which carried out operations for the Denise West‑1 exploratory well in the Eni‑bp Temsah concession in the Mediterranean. The op ...
The combined production from TAG Oil’s BED4-T100 horizontal well and BED 1-7 vertical well at the Badr Oil Field (BED-1) in Egypt’s Western Desert averaged approximately 80 barrels of oil per day (bbl/d) during th ...
