Khalda Petroleum announces new oil discovery in Egypt’s Western Desert
Khalda Petroleum, which operates concessions in Egypt for US Apache Corp, has made a new oil find in the west of…
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oil and gas
AfDB forecasts Algeria’s GDP to grow by 4.0% in ’24, 3.7% in ’25
The African Development Bank (AfDB) forecasts Algeria’s gross domestic product (GDP) will grow by 4.0 per cent in…
IMF: Qatar’s economy shifts post-world cup
The International Monetary Fund (IMF) has underscored the significant economic shifts in Qatar following its…
Egypt eyes expansion of South Korean investments – PM
Egypt is actively seeking to expand South Korean investments in various sectors alongside current investments,…
COP28: U.S. sets a plan to reduce oil, gas methane
Biden's administration announced, on Saturday, final rules to reduce methane emissions from the U.S. oil and gas…
EGYPES 2024 kicks off on February 19 driving energy transition, security, decarbonisation
The anticipated Egypt Energy Show (EGYPES) 2024 is set to open its doors from 19–21 February 2024 in Cairo, as the…
Climate change threatens the livelihoods of middle easterners
According to a recent report by the World Economic Forum (WEF), climate change threatens the livelihoods of more…
UAE violates its own gas flaring ban as Cop28 host
Oil and gas fields which run by the United Arab Emirates (UAE) have been flaring gas virtually daily, as the…
Libya’s parliament calls for oil export embargo on countries backing Israel
The Libyan parliament called on the government to stop exporting oil and gas to countries that support Israel,…
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,…