Arcius Energy acquires North El Burg concession in Egypt
Arcius Energy, a joint venture between BP and ADNOC’s affiliate XRG, has acquired on Wednesday full production and…
Gold prices rise on Wednesday
Gold prices rose on Wednesday as bargain hunters returned after the metal’s sharp decline in the previous session,…
Oil prices slip on Wednesday
Oil prices slipped on Wednesday amid a broader market selloff and a stronger U.S. dollar, as investors weighed…
Asian stocks rebound on Wednesday
Asian stocks rebounded on Wednesday after a sharp selloff triggered by a tech-led slump on Wall Street that…
Egypt, SLB advance seismic survey project in Eastern Mediterranean
Egypt’s Minister of Petroleum Karim Badawi met with Olivier Le Peuch, CEO of SLB (Schlumberger), to discuss…
Egypt, BP discuss expanding energy cooperation, investment at ADIPEC
Egypt’s Minister of Petroleum Karim Badawi met with Murray Auchincloss, CEO of BP, on the sidelines of the ADIPEC…
Egypt, Halliburton discuss applying advanced drilling technologies to boost production
Egypt’s Minister of Petroleum Karim Badawy met Tuesday with Jeff Miller, CEO of US oilfield services company…
Egypt, Türkiye discuss expanding investments and industrial cooperation
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khattab met with a group of Turkish companies in…
Egypt’s Suez Canal traffic rises in July–October as regional calm returns –…
Navigation activity through Egypt’s Suez Canal improved between July and October 2025, with 4,405 vessels carrying…
Egypt, Baker Hughes review progress on gas storage, technology cooperation
Egypt’s Minister of Petroleum Karim Badawi met with Lorenzo Simonelli, CEO of Baker Hughes, on the sidelines of the…