Egypt’s oil refining activity grows 22.4% in Q3 FY2025/26
Egypt’s petroleum refining activity grew 22.4 per cent in the third quarter of fiscal year 2025/2026, while…
Browsing Tag
Oil and gas exploration
Egypt, BP discuss expansion plans to boost gas exploration, output
Egypt is exploring BP’s expansion plans in the country, including increased investment in gas exploration and…
Valaris DS-12 begins drilling 4 gas wells in Egypt – ministry
The drillship Valaris DS-12 has arrived in Egyptian waters to begin drilling four new gas wells in the…
Egypt’s Khalda Petroleum makes new gas discovery of 36 MMcf/d
Khalda Petroleum Company, which operates concessions in Egypt for Apache Corp, has made a new gas discovery in the…
BAPETCO makes new gas discovery in Egypt’s Western Desert
Badr El-Din Petroleum (BAPETCO) has made a new natural gas discovery in the Badr–15 area of Egypt’s Western Desert,…
Egypt, ExxonMobil sign deal to explore new offshore block west of Zohr
ExxonMobil on Tuesday signed a letter of intent with Egypt’s state-run EGAS to expand natural gas exploration in…
Egypt announces new global oil, gas exploration bid in Red Sea
Egypt’s petroleum ministry launched a new international bid round for oil and gas exploration in four Red Sea…
Egypt invites Chevron to join Red Sea bid round
Egypt’s Petroleum Minister Karim Badawy discussed expanding Chevron’s investments in the country, particularly in…
Egypt to use advanced OBN seismic survey in Eastern Mediterranean: minister
Egypt’s Minister of Petroleum Karim Badawi announced plans to implement an advanced seismic survey in the Eastern…
Egypt launches large-scale seismic survey in southern Western Desert to boost oil, gas…
Egypt’s Petroleum Minister Karim Badawy inspected on Wednesday the start of a seismic survey project west of Assiut…
Egypt inks $121m oil, gas exploration deals with Apache, Dragon Oil, Prenco
Egypt has signed three offshore oil and gas exploration agreements worth more than $121 million with US-based…
Syria ships first oil cargo in 14 years
Syria has restarted oil exports for the first time in 14 years, sending a 600,000-barrel cargo of heavy crude from…
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 Agiba oil firm hits record output in May ’25
Egypt's Agiba Petroleum Company recorded its highest daily production in May, reaching 44,196 barrels of oil…
Egypt’s Parliament approves state property law amendments
Egypt’s House of Representatives has given final approval to a new government-drafted law aimed at improving the…
Egypt approves R-Factor profitability model to boost energy exploration
Egypt’s Cabinet approved the application of the R-Factor profitability model in selected petroleum agreements on…
Egypt approves $221m petroleum agreements with intl. firms
Egypt's cabinet has approved 5 new petroleum concession agreements between the Egyptian General Petroleum…
Egypt to boost oil stockpile through local production
Egypt’s Minister of Petroleum reviewed the country’s strategic stockpile of petroleum products during a meeting…
Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March…
Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
Norway oil firms plan 3-year push for Arctic gas
Norway’s oil companies are planning a three-year ramp up in natural gas exploration in the Barents Sea, Reuters…
Egypt awards 4 oil, gas exploration blocks to international firms
Egypt awarded four blocks in an oil and gas exploration bid round to a number of international companies, said the…
Egypt’s GUPCO records $432mln total investment in 2022/23
The Gulf of Suez Petroleum Company (GUPCO) has recorded a total investment of $432 million in field of research,…
Eni unveils new gas find offshore Egypt
Italian energy giant Eni announced on Sunday a significant new gas discovery in the Eastern Mediterranean Sea,…
Wintershall Dea discovers new natural gas in Egypt’s East Damanhour exploration block
German oil and gas company Wintershall Dea has discovered a natural gas in Egypt’s East Damanhour exploration block…
ExxonMobil wins exploration rights offshore Egypt
U.S. Oil and energy company ExxonMobil announced on Tuesday it had secured exploration rights to two blocks…
Egypt petroleum minister chairs EGYPS 2023 executive committee meeting
Egyptian Petroleum Minister Tarek al-Molla has chaired the second meeting of the Executive Committee of the 6th…
BP wins two new exploration blocks in Egypt offshore Nile Delta
BP Plc announced on Monday that it has won two exploration blocks in the Mediterranean Sea offshore Egypt, close to…
Egypt to launch new oil and gas exploration auction by month-end
Egypt is set to launch a new oil and gas exploration auction round by the end of this month, its petroleum minister…
Egypt Signs Oil, Gas exploration $1bln agreements
Egypt said it signed new agreements involving investment of about $1 billion to search for oil and natural gas in…
Egypt reaches preliminary oil, gas deals in Mediterranean with five energy firms
Egypt has reached initial agreements with five major energy companies to explore for oil and gas in deep waters in…
Cabinet ratifies 4 oil, gas agreements worth $230 mln
The Egyptian cabinet approved during its Thursday meeting four new oil and gas exploration agreements worth $230…
State-run Ganope awards five oil and gas concessions worth $100 mln
Egypt’s state-owned Ganoub El-Wadi Petroleum Holding Company (Ganope) has awarded five oil and gas concessions that…
Egypt braces for three oil and gas exploration bids this month
Egypt is planning to launch a new oil exploration round bid next week, offering 11 blocks in the Western desert and…
Japan Defense Review misleading, damages Relations: China
China reserves the right to a "necessary reaction" after Japan issued a defense review that called on Beijing to…
Japan demands China halt Ooil Exploration in Part of East China Sea
Japan called on China on Tuesday to halt construction of oil-and-gas exploration platforms in the East China Sea…
Egypt auctions 8 Oil and Gas Exploration Blocks in Mediterranean
Egypt will launch a new international auction for eight oil and gas exploration blocks in Mediterranean Sea, oil…
Egypt working on Oil and Gas Exploration Deals worth $9.2 billion
Egypt has three major oil and gas deals worth a total of $9.2 billion underway, after attracting investment of…
Egypt Inks $44mn Oil, Gas Exploration Agreements with Apache and Tharwa
Egypt's Oil Minister Sherif Ismail singed two agreements Wednesday with Apache Corporation and Tharwa Oil worth…
World Bank Approves Loans for Kenya-Ethiopia Power Line
The World Bank on Thursday approved loans totaling $684 million for Ethiopia and Kenya to finance a cross-border…