Egypt Kuwait Holding announced the start of a project in the UK to recycle plastic waste into oils through one of its subsidiaries, in which the company holds an 85% stake.

Egypt’s oil production fell to its lowest level since the early 1980s, dropping to 513,000 barrels per day (bbl/d) in the second quarter (Q2) of 2025, according to a report by the Middle East Economic Survey (Mees), citing Oil Ministry data.

Enppi implemented major projects in 2024, 10 of which were outside of Egypt in Saudi Arabia, the UAE, and Jordan

Egypt is working on an agreement with Israel to boost its natural gas imports by about 58% from the current 950 million cubic feet per day, starting the second half (H2) of 2025.

The Egyptian General Petroleum Corporation (EGPC) is aiming to increase crude oil production from its onshore and offshore fields by 18% by the end of June 2025.

The Ministry of Petroleum and Mineral Resources has probed fostering cooperation with Schneider Electric in digital transformation in the oil and gas sector.

The Ministry of Petroleum and Mineral Resources will begin paying off dues regularly to foreign oil firms starting this month.

bp Plc is planning to accelerate exploration, production, and field development in Egypt's Mediterranean concession in the coming months, aiming to gradually increase output levels, according to a statement by the Ministry of Petroleum and Mineral Resources.

Egypt has sealed hedging contracts for a substantial volume of imported petroleum products, Prime Minister Moustafa Madbouly said in a press conference.

Egypt is committed to maintaining a monthly payment to foreign oil partners to uphold production rates and continue exploration.

Prime Minister Mostafa Madbouly held a meeting at the government headquarters in the New Administrative Capital to discuss investment opportunities in the oil, natural gas, and mining sectors, as per a statement.

Prime Minister Mostafa Madbouly has directed the government to launch more digital exploration tenders in different oil concessions and enhance the competitiveness of financial systems to be more attractive to international companies.

The Ministry of Petroleum and Mineral Resources has formed an advisory committee responsible for scaling up oilfields production and managing petroleum reservoirs, Minister of Petroleum Karim Badawi stated.

The Greek energy firm Energean has discovered two natural gas and oil-bearing layers in an exploratory well in Egypt.

The US-based Falco Energy company has probed ramping up its oil and gas production at its concessions in Egypt’s Eastern and Western deserts.

Minister of Petroleum and Mineral Resources Karim Badawi held multiple meetings with leaders of several companies operating in Egypt, including Dragon Oil, Dana Gas, Mediterra, and Naftogaz, to explore ways of enhancing oil and gas production.

The Egyptian Ministry of Petroleum and Mineral Resources has agreed with the Italian energy giant Eni to boost the company’s oil and gas exploration operations in Egypt.

The Egyptian government will pay off dues owed to foreign oil companies totaling $3.2 billion in three installments before the end of the current fiscal year (FY) 2024/2025.

The Egyptian government has paid off a new tranche of dues owed to foreign oil and gas companies operating in the country, accounting for around 20% to 25% of arrears, at the end of June.