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...
Egypt, Qatar ink strategic LNG deal to bolster energy security Egypt and Qatar signed a memorandum of understanding (MoU) in... Businessmen Team 04 Jan 2026 The agreement was signed by Minister of Petroleum and Mineral Resources, Engineer Karim Badawi, and...
Petroleum Ministry: International oil companies’ debts fall gradually in 2025 During today’s Cabinet meeting, chaired by Prime Minister Moustafa Madbouly,... Businessmen Team 31 Dec 2025 Minister Badawi explained that the report highlighted a significant structural reset in Egypt’s pet...
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, Lebanon sign MoU to supply Deir Ammar power plant with natural gas The Egyptian Ministry of Petroleum and Mineral Resources and the... Businessmen Team 29 Dec 2025 Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, and Joe Saddi, Lebanese Ministe...
Badawi reviews Egypt’s 2026 gas production, exploration plans Minister of Petroleum and Mineral Resources, Karim Badawi, held a... Businessmen Team 28 Dec 2025 The minister discussed with ministry and EGAS officials the need to expedite the commissioning of n...
Ultra large container vessels return to Suez Canal The Suez Canal Authority announced the start of a new... Businessmen Team 26 Dec 2025 The development came after canal traffic witnessed the transit of the ultra large container vessel...
EGPC signs new oil, gas exploration deal with UK’s Terra Petroleum Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed... Businessmen Team 22 Dec 2025 Terra Petroleum will begin operations in Egypt for the first time in the Northwest Al Maghrah area...
Rashwan: Egypt gas deal purely commercial, no political dimensions Diaa Rashwan, head of the State Information Service, confirmed that... Businessmen Team 18 Dec 2025 Rashwan noted that the agreement is a commercial contract governed by market rules and internationa...
Idku and Damietta boost Egypt global LNG role: Reports The Cabinet's Media Center has highlighted the government’s comprehensive approach... Businessmen Team 14 Dec 2025 The efforts aim to maximize returns from natural resources and position exploration as a key compon...
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...
Egypt, Pico Petroleum sign $30M deal for Suez Gulf exploration The Egyptian General Petroleum Corporation (EGPC) and Pico Petroleum have... Businessmen Team 08 Dec 2025 The Cabinet Media Center stated the agreement represents a successful model for partnership with th...
