TotalEnergies Boosts 2Q-2026 Profit Despite Disruptions
TotalEnergies posted its second-quarter results, amid rising commodity prices and an integrated business model boosting earnings and cash flow despite Middle East-linked disruptions.
oil & gas | Egypt Oil & Gas
Petroleum Minister Tours PETROJET’s UAE Oilfield Infrastructure Project
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected a Petroleum Projects and Technical Consultations Company (PETROJET) infrastructure project site during an official visit to the United Arab Emir ...
McKinsey Eyes Expansion in Egypt’s Oil and Gas Market
Minister of Petroleum and Mineral Resources, Karim Badawi, met a delegation from McKinsey & Company to explore potential avenues of collaboration between Egypt’s oil and gas sector and the global consulting firm. ...
Petrobakr Begins Drilling at Arta 92 Well, Targeting 350 bbl/d Production
Petrobakr Petroleum Company announced the commencement of development drilling at the Arta 92 well, targeting a depth of 4,000 feet. The well is expected to begin production at a rate of approximately 350 barrels ...
Chevron to Boost Oil, Gas Production from Two Facilities in Mexico
Chevron Corporation announced that it started water injection operations at two projects at its Jack/St. Malo and Tahiti facilities in the deep water U.S. Gulf of Mexico, to boost oil and natural gas recovery.
El Molla Welcomes The Carlyle Group to the Egyptian Oil, Gas Sector
Minister of Petroleum and Mineral Resources Tarek El Molla has met with James Robert Maguire, Managing Director and Partner at The Carlyle Group; Mathios Rigas, CEO of Energean; and Parminder Singh, Managing Direc ...
Egypt, Venezuela Talked Oil, Gas, Petrochemical Cooperation
During the meeting, potential cooperation opportunities between the two countries in the fields of oil, gas and petrochemicals, were reviewed.
UOG Records Average Production of 1,552 boe/d in H1 2022
United Oil and Gas Company (UOG) has recorded net average oil & gas production of 1,552 barrels of oil equivalent per day (boe/d) during the H1 of 2022..
Ganope’s Oil Production Increases by 10% in FY 2021/22
The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope) Nael Darwish announced that his company succeeded in increasing its reserves by adding 15 million barrels during fiscal year (FY) 2020/21 to ...
Suez Canal Revenues Reach a Record $7B in 2022/21
Suez Canal Authority (SCA) Chairman Osama Rabie announced that navigation data in the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the hig ...
