UAE to exit OPEC, OPEC+ on 1 May
The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…
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Energy
Oil prices rise over 1% on Monday
Oil prices rose more than 1 per cent on Monday as stalled US-Iran peace talks and limited shipments through the…
Egypt reviews summer gas supply plans
Egypt’s Prime Minister Moustafa Madbouly met on Monday with Minister of Petroleum Karim Badawi to review plans to…
Egypt’s PM reviews financing plans for strategic oil reserves, foreign partner…
Egypt’s Prime Minister Moustafa Madbouly on Tuesday reviewed financial arrangements to secure strategic petroleum…
Egypt’s PM reviews fuel-saving measures across state projects
Egypt’s Prime Minister Moustafa Madbouly on Monday reviewed measures to rationalise petroleum consumption in…
Egypt’s Butagasco distributes 96 million LPG cylinders in 2025
Egypt's Company for Transferring and Delivering Natural Gas (Butagasco) distributed around 96 million LPG cylinders…
Egypt’s EDC posts strong 2025 results, expands overseas footprint
Egypt’s Egyptian Drilling Company reported strong results for the financial year ending 2025, with revenues of…
Egypt targets output boost through new drilling, investment reforms
Egypt’s Minister of Petroleum Karim Badawi held an extensive meeting on Wednesday with heads of oil and gas…
Egypt, Chevron sign deal to fast-track Cyprus’ Aphrodite gas link
Egypt and Chevron signed an agreement on Monday to accelerate development of Cyprus’s Aphrodite gas field and…
Egypt launches board of trustees for New Development Agency to expand Africa ties
Egypt’s Minister of Foreign Affairs Badr Abdel-Atty on Wednesday inaugurated the first meeting of the Board of…