Egypt’s petroleum sector grows 0.7% in Q3, first rise since FY2023/24
Egypt’s petroleum sector grew 0.7 per cent in the third quarter of fiscal year 2025/26, its first expansion since…
Browsing Tag
crude oil
Oil prices fall more than 1% on Wednesday
Oil prices fell by more than 1 per cent on Wednesday, extending weekly losses and hovering near four month lows as…
Egypt crude oil output tops 540,000 bpd, minister says
Egypt's crude oil production has exceeded 540,000 barrels per day (bpd), Petroleum Minister Karim Badawy said on…
Oil prices extend losses on Tuesday
Oil prices extended losses on Tuesday as markets assessed the potential resumption of crude flows through the…
Egypt adds about 12,000 bpd of crude, condensates in Western Desert
Egypt has added about 12,000 barrels per day (bpd) of crude oil and condensates to production in the Western Desert…
Oil prices fall more than 4% on Monday
Oil prices fell more than 4 per cent on Monday to their lowest levels since March after US President Donald Trump…
Egypt’s Sinai Offshore oil output hits highest level since 2017
Egypt's Sinai Offshore Fields produced approximately 27,000 barrels of crude oil per day, marking the highest daily…
Egypt’s trade deficit widens to $4.6 bln in March – CAPMAS
Egypt’s trade balance deficit widened to 4.6 billion dollars in March 2026, compared with 3.1 billion dollars in…
Oil prices rise more than 3% on Monday
Oil prices rose more than 3 per cent on Monday after the United States and Iran exchanged strikes and Israel…
Egypt’s Agiba, Eni make largest Western Desert discovery in 15 years
Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni, made…