The Egyptian General Petroleum Corporation (EGPC) and Eni have signed a memorandum of intent to renew the commitment to the North Port Said concession, as per a statement issued by the Egyptian Ministry of Petroleum and Mineral Resources.

Egypt’s Ministry of Petroleum and Mineral Resources has added four new gas wells to the country’s production map, with a combined output estimated at about 120 million cubic feet per day.

The New Valley Company for Mineral Resources and Oil Clay (Wadico) signed an agreement with Asunim Egypt, a subsidiary of the global Asnim Solar Energy Limited Group, to establish a solar power plant.

Canada-based Mediterra Energy Corporation plans to expand production in Sinai and Kom Ombo concession areas, the company's CEO Memet Kont stated.

Methanex Egypt and the Ministry of Petroleum and Mineral Resources signed a new agreement to back the sector’s capacity-building program (Wave III).

Shell is looking forward to injecting further investments in Egypt, Cedric Cremers, President of Integrated Gas at Shell, noted in a meeting with Minister of Petroleum and Mineral Resources Karim Badawi.

The Ministry of Petroleum and Mineral Resources denied news circulating about another hike in fuel prices, effective on Thursday, April 2nd

Prime Minister Mostafa Madbouly chaired a roundtable discussion with representatives from global energy companies and financial institutions on the second day of the EGYPS 2026

Minister of Petroleum and Mineral Resources Karim Badawi held talks with United Energy Group CEO Song Yu to review the company’s oil and gas activities in Egypt’s Western Desert.

Minister of Petroleum and Mineral Resources Karim Badawi discussed boosting cooperation with SLB, formerly known as Schlumberger, on implementing horizontal drilling technologies to increase oil production.

Minister of Petroleum and Mineral Resources Karim Badawi reviewed the progress of bp’s existing projects and expansion plans in Egypt to boost natural gas exploration and production.

The Ministry of Petroleum and Mineral Resources inked an agreement with Chevron to accelerate the development and production of natural gas from the Cypriot Aphrodite field and link it to Egyptian infrastructure.

Egypt is set to settle $1.3 billion in arrears to international oil companies (IOCs) by the end of June 2026, Minister of Petroleum and Mineral Resources Karim Badawi announced.

Drilling vessel Valaris DS-12 has arrived in Egyptian territorial waters as part of a program aimed at drilling four new wells for bp and Arcius Energy.

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi attended the 2025 general assembly meeting of Engineering for the Petroleum and Process Industries (ENPPI) to approve the company’s financial results, as it continues to expand its international footprint.

South Valley Egyptian Petroleum Holding Company (Ganope) plans to drill five exploration wells at an estimated value of $33 million, Chairman Ashraf Bahaa announced during the company's ordinary general meeting.

The Egyptian Petrochemicals Holding Company (ECHEM) has a five-year plan to implement 10 projects, with investments of $11 billion, Chairman Alaa El-Din Abdel Fattah announced.

President Abdel-Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to discuss efforts for boosting oil and gas production through hydraulic fracturing and horizontal drilling.

Minister of Petroleum and Mineral Resources Karim Badawi and TotalEnergies followed up on the latest updates regarding the connection of the Cronos gas field to the Egyptian infrastructure, in partnership with Eni.

The Ministry of Petroleum and Mineral Resources has decided to adjust the prices of some petroleum products and compressed natural gas (CNG) for vehicles amid the recent exceptional conditions the global energy market faces.