The ninth edition of the Egypt Energy Show (EGYPES) is expected to attract more than 50,000 participants from all over the globe, and approximately 50 international as well as local energy and tech firms, Minister of Petroleum and Mineral Resources Karim Badawi revealed.

Minister of Petroleum and Mineral Resources Karim Badawi inspected the drilling of the first development and production well at the West Mina gas field in the Northeast El Amriya area of the Mediterranean Sea.

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.

The Egyptian Drilling Company (EDC) has won a project contract in Kuwait to operate a 1,500-horsepower (HP) drilling rig for the Kuwait Oil Company (KOC), the Ministry of Petroleum and Mineral Resources announced.

The Mineral Resources and Mining Industries Authority, Misr Phosphate, and Wadico signed a joint agreement with Xingfa Group to boost investments in the mining sector, according to a statement.

Minister of Petroleum and Mineral Resources Karim Badawi reviewed the Egyptian Petrochemicals Company’s (EPC) investment budget for the fiscal year (FY) 2026/2027.

The Australian mining group Hunter&Co aims to inject investments and ink partnerships in Egypt’s mining sector.

Egypt and Libya signed a memorandum of understanding (MoU) to deepen cooperation in the fields of petroleum, natural gas, and mining.

Egypt plans to drill more than 100 exploratory oil and gas wells in 2026, as part of a broader program targeting approximately 500 wells by 2030, Minister of Petroleum and Mineral Resources Karim Badawi announced.

China-based Xingfa Group plans to invest $2 billion in an integrated project for exploring, extracting, and producing various high-quality phosphate products in Egypt.

The Gulf of Suez Petroleum Company (GUPCO) has successfully commenced production from the Al-Wasl-4 development well in the North Safa offshore field.

PetroGulf Misr achieved a technical and economic success in the design and drilling of the GNN-16 well in the Gulf of Suez, saving $700,000 in operational costs

President Abdel Fattah El-Sisi has directed settling the dues of oil and gas companies operating in Egypt to increase domestic production.

Khalda Petroleum Company, Disouq Petroleum Company, and the General Petroleum Company (GPC) have drilled a number of wells in their concessions in the Western Desert, the Eastern Desert, and the Delta, including five new exploratory wells, the Ministry of Petroleum and Mineral Resources announced.

Minister of Petroleum and Mineral Resources Karim Badawi held a series of meetings with global mining companies in Canada, Australia, Poland, and the US.

Minister of Petroleum and Mineral Resources Karim Badawi explored Barrick Mining’s program in Egypt's Eastern Desert to explore gold, according to a statement.