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. Adjusted net income rose 12% quart...
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 Emirates...
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 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 of o...
Chevron Corporation has 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. “De...
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 Director-...
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Yvan Gil Pinto, Venezuelan Minister of Foreign Affairs, and the accompanying delegation, who is currently visiting Egypt to meet with a number of o...
United Oil and Gas Company (UOG) has recorded net average oil and gas production of 1,552 barrels of oil equivalent per day (boe/d) during H1 of 2022. Additionally, the company achieved revenues worth $9.8 million in ...
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 rea...
Suez Canal Authority (SCA) Chairman Osama Rabie announced that the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the highest in its history, Al...