Oil and Gas Industry | Egypt Oil & Gas

Baker Hughes Q3 2026 Revenue Rises 14% YoY

The global energy technology company Baker Hughes reported a 14% year-on-year (YoY) increase in revenue to $8.03 billion in the third quarter (Q3) of 2026, driven by stronger orders and broad-based demand across its e...

Petroleum Minister Highlights Necessity of Holding 12th Arab Energy Conference Amid Current Challenges

Minister of Petroleum and Mineral Resources Tarek El Molla has emphasized the importance of holding the 12th Arab Energy Conference in Qatar amid global challenges that have had an impact on the energy industry. This ...

OPEC SG Urges Increase in Oil Production Due to Optimistic Demand Outlook

OPEC Secretary General Haitham Al Ghais stated that OPEC is optimistic about demand and asserts the necessity to increase production, Reuters reported. Al Ghais elaborated that OPEC predicts that year-on-year demand w...

Top Global Officials to Attend Opening Session of Decarbonization Day at COP 27

As part of COP 27, Decarbonization Day’s opening session on November 11 will be attended by top global energy and climate officials. It will include John Kerry U.S. Special Presidential Envoy for Climate, Tarek ...

Decarbonization Day to be Held at COP 27

The Ministry of Petroleum and Mineral Resources announced that the Decarbonization Day will be held on November 11, as part of COP27 hosted by Egypt. This is the first time such an event is included in a climate confe...

Decarbonization Day to Highlight Petroleum Sector’s Emissions Reduction Efforts

On Decarbonization Day, the second session will shed light on the oil and gas industry’s decarbonization journey in Egypt, starting from commitments to actual implementation, the Ministry of Petroleum and Minera...

El Molla: Egypt Targets Oil, Gas Investments of Up to $8B in 2022/23

Minister of Petroleum and Mineral Resources Tarek El Molla declared that Egypt seeks to achieve between $7.7 billion to $8 billion in oil and gas sector investments during fiscal year (FY) 2022/23, Bloomberg Alsharq r...

Aramco launches Report on Cyber Resilience in the Oil, Gas Industry

Aramco has launched a co-lead report on cyber resilience in the oil and gas industry with Siemens Energy, and the World Economic Forum (WEF). The report sets a framework for boards and business leaders to assess cyber...

UK Expected to Lay Off 120,000 Oil Workers by End 2016

The aftermath of the international downturn in the oil and gas industry in the UK is expected to lead to a total of 120,000 jobs lost by the end of 2016, according to BBC. Oil & Gas UK estimated 84,000 industry em...

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