FY | Egypt Oil & Gas

Badawi Approves SOPC, NPC Investment Plans for FY 2026/2027

Karim Badawi, Minister of Petroleum and Mineral Resources, has approved the investment budgets of Suez Oil Processing Company (SOPC) and Nasr Petroleum Company (NPC) for the fiscal year (FY) 2026/2027, focusing o ...

Dana Gas Revenue Surges to $445M in 2024, Net Profit Up 15%

Dana Gas has reported revenue growth of 5% in 2024, reaching $445 million, up from $423 million in 2023, driven primarily by the recognition of additional revenue from improved fiscal terms under the recently sign ...

Maait: Oil Price Hikes Could Cost Egypt an Additional $7.2B

Minister of Finance Mohamed Maait said that the high prices of oil will cost Egypt an additional $7.2 billion to the annual costs of the oil imports which the government will have to take into consideration in its ...

El Jarhi: Cutting Fuel Subsidies to Aid Lower Income Groups

Egyptian Minister of Finance, Amr El-Jarhi, stated that fuel and electricity subsidies are flawed and assured that moving the prices will aid in rebalancing the system

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