Iraq, Chevron sign initial agreement on Nassiriya oilfields
Iraq has reached a preliminary deal with US energy giant Chevron to develop the Nassiriya project, which includes…
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crude oil
Egypt speeds up Al-Hamra Port expansion
Egypt’s Petroleum and Mineral Resources Minister Karim Badawi reviewed expansion works at Al-Hamra Petroleum Port…
Oil prices edge up on Monday
Oil prices rose on Monday as markets responded positively to a new US-EU trade deal and prospects of an extended…
2 tankers collide, catch fire near Strait of Hormuz
Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, a strategic waterway where…
URGENT: GPC announces new discovery in Abu Sennan
Egypt's General Petroleum Corporation (GPC) has made a new oil discovery, GPR-1X, in the mature fields of the Abu…
Petroleum Minister directs early start of West Amer oil operations
Egypt's Petroleum Minister Karim Badawi has directed the Egyptian General Petroleum Corporation (EGPC) to…
Egypt’s Khalda to start production from 2 new oil wells
Khalda Petroleum Company, which operates concessions in Egypt for US Apache Corp, is set to bring two new wells…
Egypt’s exports up in March ’25 – CAPMAS
Egypt’s exports surged 20.7 per cent year-on-year in March 2025 to $4.62 billion, up from $3.82 billion in the same…
Egypt’s imports fall in February ’25 – CAPMAS
Egypt's imports saw a slight decline of 1.4 per cent in February 2025, reaching a value of $6.76 billion, compared…
Egypt’s exports jump 24.1% YoY in Feb – CAPMAS
Egypt’s exports rose 24.1 per cent year-on-year in February 2025 to $4.43 billion, up from $3.57 billion in the…