The Egyptian General Petroleum Corporation (EGPC) has signed three new agreements with international companies to explore for oil and gas in the Western Desert, Gulf of Suez, and North Sinai regions.
Iraq is stepping up its regional energy strategy through new agreements and projects aimed at bolstering oil and gas exports and expanding domestic power generation.
President Abdel Fattah El-Sisi directed the continued development of newly discovered wells and integrating them into the production map, while intensifying exploration and drilling activities, to enhance Egypt’s ...
The Cabinet approved five petroleum concession agreements between the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of international companies. These ...
President Donald J. Trump announced the impose of several new tariffs to strengthen the international economic position of the US and protect American workers excluding the energy and certain mineral goods that ar ...
The positive impact of investments in new discoveries and in the development of production fields is expected to appear during the upcoming period.
The International Energy Agency (IEA) released a report stating that the global demand on energy has grown by 2.2% last year – lower than GDP growth of 3.2% but considerably faster than the average annual demand i ...
Three Romanian companies intend to compete for the investment opportunities offered by the Ministry of Petroleum and Mineral Resources (MoPMR) for crude oil and natural gas exploration operations.
Halliburton has secured an integrated drilling services contract for the development and exploration across several offshore fields in Brazil for three years starting in 2025. The deal awarded by Petrobras, entail ...
Petrobras has achieved its 2024 annual production target, reaching a total production of 2.7 million barrels of oil equivalent per day (boe/d) of oil and natural gas. This milestone aligns with the company's Strat ...
