Italian oil major, Eni, announced this week that it has made three new oil and gas discoveries in the Meleiha region of western Egypt. The new discovery further adds to Egypt’s recent announcement ...

June 10 (Reuters) - Egypt's Minister of Petroleum Karim Badawi said on Wednesday that the full settlement of arrears owed to oil and gas partners marked a turning point for the sector. Badawi said ...

Genel said the acquisition will combine its Kurdistan production base with Capricorn’s portfolio of Egyptian oil and gas ...

Egypt’s pound has emerged as the world’s best-performing currency after a sharp decline in global oil prices eased pressure on the North African economy and renewed investor confidence. ・Egypt's pound ...

The officials also explored investment opportunities in undeveloped gas discoveries in the Egyptian Mediterranean ...

Egypt’s energy sector has gone from strength to strength over the past several years. Egypt is expecting between $7.5 to $8 billion in foreign investment in exploration in 2022. In addition to ...

Two waterflooding options were evaluated to develop Abu Roash G (ARG) reservoir in Egypt’s Western Desert. Natural dump flood (NDF) was compared with surface injection in terms of oil recovery and net ...

Egypt will reinstate its automatic fuel pricing committee in the first quarter of the current fiscal year (FY), 2026/2027, allowing fuel prices to be reviewed every three months based on global oil ...

Egypt has reportedly green lighted a trio of binding oil and gas agreements in the country, aimed at the drilling of multiple exploration wells, the country’s Cabinet said in a statement. The multiple ...