Operation | Egypt Oil & Gas

ExxonMobil Reports Earnings of $6.5 Bn in Q4 2025

ExxonMobil reported full-year 2025 earnings of $28.8 billion, according to the company’s latest financial results. This figure represents a decline from the $33.7 billion recorded in the previous year. For the fou ...

bp Expects Flat Q4 Upstream Production Amid Revenue Pressure

bp, the British energy major, revealed that its upstream production in the Q4  2025 is expected to be broadly in line with the previous quarter, according to company guidance, with stable output in oil production ...

ExxonMobil Joins Energean, HELLENiQ ENERGY in Ionian Sea Block 2 Through New Farm-In Deal

ExxonMobil, Energean, and HELLENiQ ENERGY Upstream have announced a Farm-In Agreement under which ExxonMobil will acquire a participation interest in the Block 2 concession, located in the northwestern Ionian Sea, ...

bp Confirms Gas Condensate Discovery in Namibia, its 11th Find in 2025

bp confirmed a significant gas condensate discovery at the Volans-1X exploration well in Namibia’s Orange Basin, marking the company's eleventh exploration success this year. The well, drilled in Petroleum Explora ...

Petroleum Sector Leaders Conduct Field Visit to Inspect Sinai Field

Belayim Petroleum Company (Petrobel) Chairman Khaled Mowafy received the EGPC Deputy Chairman for Production Tamer Idris, Deputy CEO for Agreements & Exploration at EGPC Mohamed Mohy, President of IEOC, Francesco ...

Iran Launches First Oil Dock Established by Private Sector

The Iranian Oil sector announced the operational launch of the first oil dock built by the private sector.

Petrobras Begins Operation of SNOX Unit at Brazil’s RNEST Refinery

Petrobras has commenced the operation of the SNOX unit at the Abreu e Lima refinery (RNEST) in Ipojuca, Brazil, marking the first emissions reduction unit of its kind in both Brazil and the Americas.

Eni Highlights Plans, Strategies to Increase Production

Minister of Petroleum and Mineral Resources, Karim Badawi has met with Martina Opizzi, Head of North Africa and the Levant at Eni and her accompanying delegation, to review the activities and work programs of the ...

Egypt’s Petroleum Minister Announces Key Gains in Oil and Gas Production

Minister of Petroleum and Mineral Resources Karim Badawi stated that the strategy of the Ministry of Petroleum and Mineral Resources (MoPMR) of accelerating the pace of production and dealing with the challenges a ...

Petrobras Begins Operation of its Natural Gas Processing Unit at Boaventura Energy Complex

Petrobras has commenced operations in its Natural Gas Processing Unit (UPGN), located at Boaventura Energy Complex known as the Itaboraí Industrial Complex. The first module is now processing 10.5 million cubic me ...

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