oil production

Egypt’s Prime Minister Moustafa Madbouly met on Thursday with Petroleum and Mineral Resources Minister Karim Badawi…

Oil prices rose nearly 2 per cent on Tuesday as supply disruption concerns persisted after attacks on Saudi…

Egypt’s Cabinet approved continued production from development areas and contracts that have expired or are nearing…

Egypt’s General Petroleum Company (EGPC) recorded a record 12 oil discoveries during FY 2025/2026, its highest…

Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to raise its production target for August and…

Egypt's crude oil production has exceeded 540,000 barrels per day (bpd), Petroleum Minister Karim Badawy said on…

Egypt has allocated significant funding in its 2026/27 budget to support energy supplies and build strategic…

Egypt's Sinai Offshore Fields produced approximately 27,000 barrels of crude oil per day, marking the highest daily…

Egypt’s Mina West offshore gas field is expected to begin production in the fourth quarter of 2026, the petroleum…

Egypt has reduced the accumulated debt owed to oil and gas partners from $6.1 billion in June 2024 to about $714…

The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…

Egypt’s General Petroleum Corporation (EGPC), chaired by Petroleum Minister Karim Badawy, reviewed plans to…

Egypt’s Petroleum Minister Karim Badawy inspected night shift operations and stayed overnight with workers on the…

Egypt’s Gulf of Suez Petroleum Company (GUPCO) has drilled a new exploratory well in the Gulf of Suez, producing…

Egypt plans to settle $1.3 billion in oil and gas partner dues by the end of June 2026, down from $6.1 billion in…

Egypt’s President Abdel Fattah El-Sisi met on Wednesday with Prime Minister Moustafa Madbouly and Minister of…

Egypt’s Ministry of Petroleum and Mineral Resources announced on Tuesday that the Belayim Offshore 133 Well has…

Egypt’s Minister of Petroleum, Karim Badawi, approved on Monday the General Petroleum Company (GPC) investment…

Egypt’s Minister of Petroleum, Karim Badawi, met on Monday with international technology and service companies to…

Egypt reviewed plans to double crude oil production and accelerate the connection of Cyprus’s Cronos natural gas…

Egypt is seeking to double its domestic crude oil production over the next five years by working more closely with…

Egypt's Prime Minister Moostafa Madbouly reviewed on Sunday efforts to achieve self-sufficiency in petroleum…

Egypt’s Ministry of Petroleum said on Monday that PetroGulf Misr has achieved a significant improvement in oil well…

Egypt’s Ageeba Company reached its highest oil production in three years in December, averaging around 32,000…

Egypt’s Ministry of Petroleum on Thursday announced a new oil discovery in the Gulf of Suez by the Gulf of Suez…

President Abdel Fattah El-Sisi met on Saturday with Prime Minister Moustafa Madbouly and Petroleum Minister Karim…

Egypt’s Minister of Petroleum Karim Badawi met with Haitham Al Ghais, Secretary-General of the Organisation of the…

The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…

Egypt’s Petroleum Minister Karim Badawy met on Tuesday with executives from Maridive, a company specialising in…

Kuwait’s economy is set to expand by 2.6 per cent in 2025, supported by higher oil output following the easing of…

Agiba Petroleum Co. has raised production in the Western Desert’s Iris and Arcadia West areas to 12,000 barrels of…

Assiut Petroleum Refining Company announced that it processed over 3.1 million tons of crude during the 2024/2025…

Egypt’s General Petroleum Company (GPC) announced that it had re-explored old fields using artificial intelligence…

Egypt’s Suez Gulf Petroleum Company (GAPCO) reported strong performance for the fiscal year 2024/2025 during its…

Iraq has reached a preliminary deal with US energy giant Chevron to develop the Nassiriya project, which includes…

Egypt’s North Bahariya Petroleum Company (Norpetco) announced that it exceeded 108 per cent of its drilling target…

OPEC+ is set to raise oil production by 548,000 barrels per day starting in September, according to three sources,…

Egypt's Petroleum Minister Karim Badawi has directed the Egyptian General Petroleum Corporation (EGPC) to…

Norway’s oil and gas investments are set to reach a record 269.1 billion crowns ($26.62 billion) in 2025, up from…

Libya’s central bank devalued the national currency by 13.3 per cent on Sunday, setting the official exchange rate…