Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with Ethiopis Tafara, Vice President of the International Finance Corporation (IFC) for Africa, to discuss investment and financing opportunities across petroleum refining, petrochemicals, value-added industries, and the mining sector

Minister of Petroleum and Mineral Resources Karim Badawi held talks with senior executives from Italy-based energy company Eni to review plans to increase crude oil production and advance the connection of Cypriot gas fields to Egypt’s infrastructure.

Minister of Petroleum and Mineral Resources Karim Badawi discussed expanding cooperation between Egypt and Italy in the oil and gas sector during a meeting with Italian Ambassador to Cairo Agostino Balizzi.

Egypt has recorded new oil and gas discoveries in the Western Desert, with an estimated output of more than 5,200 barrels per day of crude oil and condensates and around 34 million cubic feet of gas per day, the Ministry of Petroleum and Mineral Resources stated.

Minister of Petroleum and Mineral Resources Karim Badawi met with Nasser Saif Al Yafei, CEO of Arcius Energy, to discuss the company’s plans to expand natural gas exploration and production activities in Egypt.

Minister of Petroleum and Mineral Resources Karim Badawi approved the investment budgets of Alexandria Petroleum Company and Amreya Petroleum Refining Company for the fiscal year (FY) 2026/2027.

Dana Gas, the largest privately owned regional natural gas company in the Middle East, posted its unaudited financial results for the full year ended December 31st, 2025, as it continued to deploy capital to support production in Egypt.

Minister of Petroleum and Mineral Resources Karim Badawi held an extensive meeting with executives of international oil and gas companies operating in Egypt to discuss a five-year plan aimed at intensifying exploration and production activities and accelerating investment in the sector.

The Mineral Resources and Mining Industries Authority (EMRA) has approved the issuance and renewal of 53 licenses for mineral exploration and exploitation during the fourth quarter (Q4) of 2025.

The Ministry of Petroleum and Mineral Resources outlined what it described as its most significant achievements in the oil, gas, and mineral resources sector, as part of the implementation of its strategic work program, with a particular focus on boosting exploration and domestic production to meet local demand.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held an extensive meeting to review progress on projects aimed at increasing natural gas production during 2026 and accelerating their connection to the national gas grid.

The Ministry of Petroleum and Mineral Resources has signed a new oil and natural gas exploration agreement with British company Terra Petroleum.

Minister of Petroleum and Mineral Resources Karim Badawi announced the successful completion of drilling the Zohr-9 well in the Zohr natural gas field in the Mediterranean Sea, yielding around 70 million cubic feet of gas per day.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from Maridive Group to discuss the company’s plans to expand its operations and invest in petroleum production.

QatarEnergy has expanded its presence in Egypt’s energy sector through a new partnership with Italy’s Eni in the North Rafah offshore concession in the Mediterranean Sea.

Alexandria Mineral Oils Company (AMOC) and Middle East Oil Refinery (MIDOR) signed a joint agreement to increase the quantities of high-quality gas oil production

QatarEnergy has acquired a 40% participating interest in Egypt’s North Rafah offshore exploration block through a farm-in agreement with Eni, which will remain the operator with a 60% stake.

Egypt has announced the discovery of several new oil and gas discoveries across the Western Desert and Nile Delta, underscoring ongoing efforts to reduce reliance on imports by increasing domestic production.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi and Cyprus’s Minister of Energy, Commerce, and Industry Giorgos Papanastasiou inaugurated the Eastern Mediterranean Energy Conference and Exhibition (EMC 2025)

Egypt is preparing to launch a new international bid round for oil and gas exploration in four concessions at the Red Sea through the Egypt Upstream Gateway (EUG), Minister of Petroleum and Mineral Resources Karim Badawi announced during meetings held on the sidelines of the World Energies Summit in London.