Four exploratory oil wells in Western Desert add 4,500 barrels per day Drilling results from four new exploratory oil wells in the... Businessmen Team 09 Jan 2026 Tharwa Petroleum, a 100% Egyptian company, achieved a new discovery at the EAS Z-3 well in the East...
Agiba Petroleum posts highest daily output The Cabinet’s Media Center announced on Wednesday that Agiba Petroleum... Businessmen Team 31 Dec 2025 The Media Center stated that the company’s crude oil production reached approximately 32,000 barrel...
Egypt proposes five energy security plans to OAPEC Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, led... Businessmen Team 14 Dec 2025 The meeting was chaired by Kuwait's Minister of Oil, Dr. Tariq Suleiman Al-Roumi, and attended by O...
El-Samadouni: Suez Canal posts first positive growth in 18 months Dr. Amr El-Samadouni, Secretary General of the International Transport and... Businessmen Team 30 Nov 2025 El-Samadouni explained that Maersk is one of the largest and most influential shipping lines in the...
Khalda Petroleum unveils new natural gas discovery at Jumana-1 well in Western Desert Khalda Petroleum Company has successfully made a new gas discovery... Businessmen Team 17 Nov 2025 The company drilled the exploratory well Jumana-1, where electrical logging confirmed the presence...
Egypt, UAE’s IRH sign two MoUs on mining, finance Karim Badawi, Minister of Petroleum and Mineral Resources, and Mariam... Businessmen Team 01 Sep 2025 The first MoU was signed between the Egyptian Mineral Resources Authority (EMRA) and IRH. It covers...
Tax Authority denies dispute between government, oil companies over VAT The Egyptian Tax Authority confirmed that it has followed up... Businessmen Team 22 Aug 2025 It stressed that there is absolutely no truth to claims of a dispute, affirming that the law is cle...
Petroleum minister inspects expansion of Al Hamra Port Minister of Petroleum and Mineral Resources Engineer Karim Badawi inspected... Businessmen Team 09 Aug 2025 Badawi chaired a meeting with key sector leaders, including Petroleum Authority CEO Salah Abdel Kar...
Egypt amends VAT to bolster human development funding The Egyptian Tax Authority has confirmed limited amendments to its... Businessmen Team 29 Jun 2025 The adjustments, made in response to demands from various productive sectors, will not affect tax e...
Khalda targets June production boost with two new wells Khalda Petroleum Company plans to bring two new wells into... Businessmen Team 12 Jun 2025 Khalda Petroleum Company has successfully completed drilling the Fox Deep-02 appraisal well, confir...
EGAS signs MoU with ExxonMobil In light of the strategy of the Ministry of Petroleum... Businessmen Team 29 Apr 2025 This agreement will be an incentive for the company to prepare an integrated development plan for t...
UAE reduces fuel prices for December 2024 The committee overseeing gasoline and diesel prices in the United... Businessmen Team 01 Dec 2024 The new fuel prices in the UAE are effective as of Sunday, December 1st, until the end of the month...
