Badr El-Din Petroleum Company (BAPETCO), a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Cheiron, plans to start production of a new well in the Badr 15 area in the Western Desert by ...
"Egypt enjoys a promising potential in liquefied natural gas (LNG) complexes, supported by a well‑developed national gas transmission network and a strategic geographic location that links its production areas wit ...
Shell reported $6.9 billion in adjusted earnings for the first quarter (Q1) of 2026, a significant increase from $3.3 billion in the previous quarter, according to a statement by the company. This metric reflects ...
Shell's operational results recorded an upstream production of 1.89 million barrels of oil equivalent per day (mmboe/d) in the fourth quarter (Q4) of 2025, up from 1.859 mmboe/d in the same quarter in 2024. This ...
International oil majors, Chevron and Shell, are nearing agreements to expand oil and gas production in Venezuela, marking the first major deals since the US capture of President Nicolás Maduro in January, five so ...
Drilling results from the exploratory well Sirius‑1X, which is located in the North‑East Alameya block in the Mediterranean Sea and operated by Shell, show encouraging preliminary indications after reaching the ta ...
Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the drilling operations of the first development and production well at the West Mena gas field in the Northeast El Amreya area in the Mediterra ...
Shell Egypt has announced the commencement of its 2026 Mediterranean drilling campaign following the arrival of the Stena IceMAX drillship. Operated by Stena Drilling, the vessel will execute a multi-well program, ...
Shell reported adjusted earnings of $3.3 billion for the fourth quarter of 2025, representing a 39% decrease compared to the third quarter. For the full year, the company’s adjusted earnings reached $18.5 billion, ...
Shell expects its Upstream production to increase to between 1.84 and 1.94 million barrels of oil equivalent per day (mmboe/d) in the fourth quarter (Q4) of 2025, according to its latest quarterly update note. The ...
