Egypt resumes drilling at Al Baraka oil field after 2022 halt
Egypt has resumed drilling operations at the Al Baraka oil field in Upper Egypt for the first time since 2022 as it…
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energy sector
Egypt, China’s CNCEC discusses speeding up Soda Ash, Red Sea Petrochemicals projects
Egypt's petroleum minister and executives from China National Chemical Engineering Co. (CNCEC) discussed on Monday…
Oil prices hit six-week high on Wednesday
Oil prices climbed to near six-week highs on Wednesday as escalating hostilities between the United States and…
Egypt’s EGPC chief inspects strategic crude oil storage projects
Egypt's state-owned Egyptian General Petroleum Corporation (EGPC) is accelerating work on strategic crude oil…
Egypt, ADNOC unit AIQ discuss AI applications in oil and gas
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawy met Dennis Jol, CEO of AIQ, a subsidiary of the…
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…
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, UAE firms discuss expanding petroleum investments
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, discussed on Tuesday plans to expand UAE…
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 oil company arrears settlement seen encouraging investment, Standard…
Egypt's settlement of all outstanding arrears owed to international oil companies is a positive development that…