Norway oil, gas investment to hit record in ’25
Norwegian oil and gas investments are set to hit a record 274.8 billion Norwegian crowns ($26.98 billion) in 2025…
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energy sector
Egypt’s upstream oil platform draws $1.2b since 2021
Egypt’s digital oil and gas investment platform has attracted more than $1.2 billion since its 2021 launch, the…
Egypt shuts unsafe fuel, LPG sites in crackdown on illegal petroleum trade
Egypt’s General Petroleum Corporation (EGPC) has closed multiple fuel stations and liquefied petroleum gas (LPG)…
Egypt’s Norpetco exceeds ’24 drilling targets, boosts reserves
Egypt’s North Bahariya Petroleum Company (Norpetco) announced that it exceeded 108 per cent of its drilling target…
Egypt’s PM reviews fuel supply security, foreign partners’ dues
Egyptian Prime Minister Moustafa Madbouly met Sunday with Central Bank of Egypt (CBE) Governor Hassan Abdalla and…
BAPETCO launches digital transformation drive
BADR Petroleum Co. (BAPETCO) has launched a comprehensive digital transformation programme under the Ministry of…
Aramco profit drops in Q2 ’25
Saudi Arabia’s Aramco posted a 22 per cent year on year (YoY) drop in second-quarter net profit to $22.7 billion on…
Egypt signs new exploration deal with Eni, BP
Egypt signed a new incentive‑based agreement with Eni and BP to launch exploration drilling in the Mediterranean,…
Egypt’s EGPC receives $1.455b from ITFC in ’25
The Egyptian General Petroleum Corporation (EGPC) received $1.455 billion in financing from the International…
Egypt in talks with AFC, Infinity Power to boost climate-resilient infrastructure
Egypt is stepping up efforts to attract climate investment and expand sustainable infrastructure, with the…