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…
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Egypt’s Khalda Petroleum reports new Western Desert gas discovery
Egypt's Khalda Petroleum has made a new natural gas discovery in Egypt's Western Desert after drilling the Watda…
Egypt’s GAPCO raises oil output to highest level since 2019
Egypt's Gulf of Suez Petroleum Company (GAPCO) has raised crude oil production to 71,250 barrels per day, its…
Oil prices hit one-month high on Monday
Oil prices rose on Monday to their highest level in more than a month as escalating hostilities between the United…
Egypt’s EGAS reviews Burullus projects to increase gas production
The Egyptian Natural Gas Holding Company (EGAS) reviewed a series of projects aimed at increasing domestic gas…
Oil prices hit four-week high on Tuesday
Oil prices climbed more than three per cent on Tuesday, reaching their highest levels in four weeks as renewed…
Egypt plans 101 oil and gas exploration wells in 2026 – minister
Egypt plans to drill 101 oil and gas exploration wells in 2026 as part of efforts to boost domestic production and…
Egypt advances Shell’s Velox-1X exploration well
Egypt's Minister of Petroleum, Karim Badawi, inspected on Saturday the drilling operations of Shell's Velox-1X…
Oil prices fall over 1% on Monday
Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to raise its production target for August and…
Egypt settles $21.5mln in Dana Gas dues as firm expands drilling after major gas discovery
Egypt has settled all overdue payments owed to Dana Gas and continues to make full and timely payments, the company…