Minister of Petroleum and Mineral Resources Karim Badawi met with officials from SLB Egypt (Schlumberger) to discuss expanding the use of artificial intelligence (AI) across Egypt's petroleum sector, with a focus on increasing production, developing the Egypt Upstream Gateway (EUG), improving energy efficiency, and reducing carbon emissions.

The Gulf of Suez Petroleum Company (GUPCO) has brought the second phase of the North Safa field development project in the Gulf of Suez into operation as part of the Ministry of Petroleum and Mineral Resources' strategy to boost crude oil production and maximize output from existing fields.

Minister of Petroleum and Mineral Resources Karim Badawi explored ways to utilize AI-powered tools and leverage digital transformation in Egypt's oil and gas sector with AIQ, a subsidiary of the UAE's ADNOC Group.

Minister of Petroleum and Mineral Resources Karim Badawi held talks with Dana Gas CEO Richard Hall to discuss the company's activities in Egypt.

Minister of Petroleum and Mineral Resources Karim Badawi discussed Afaq Mining Company's plans to expand its gold exploration activities in Egypt.

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with the leadership of the Egyptian General Petroleum Corporation (EGPC) to review its performance and future development plans.

Dana Gas has received additional payments of AED 79 million ($21.5 million) from the Egyptian government, as all the company's overdue receivables in Egypt have been fully settled.

Minister of Petroleum and Mineral Resources Karim Badawi mulled over Cyprus-based mining company FMC’s plans to resume its gold and mineral exploration activities in Egypt's Eastern Desert.

Egypt’s exports of urea fertilizers jumped by 7.4% year-on-year (YoY) to $9.4 billion in 2025, Minister of Petroleum and Mineral Resources Karim Badawi noted at the 32nd Annual International Fertilizer Conference and Exhibition.

Minister of Petroleum and Mineral Resources Karim Badawi held talks with the CEOs of Emirates National Oil Company (ENOC) and Dragon Oil to discuss opportunities for scaling investments in the Egyptian petroleum sector.

Minister of Petroleum and Mineral Resources Karim Badawi asserted that Egypt enjoys an integrated and flexible natural gas supply system capable of securing sufficient energy supplies throughout the summer season.

The National Service Projects Organization (NSPO) signed an agreement with Taqa Arabia to transfer ownership of a stake in 172 fuel stations operating under the Wataniya Petroleum Company's brand and place their management and operation under a newly established company, Quick Fuel for Trading and Distribution of Petroleum Products.

Egypt's Minister of Petroleum and Mineral Resources Karim Badawi met with Chris Wright, US Secretary of Energy, to discuss opportunities for investment, technology transfer, and expanded cooperation in the energy and mining sectors.

Egypt's Cabinet approved a draft law to cancel the value-added tax (VAT) exemption on natural gas, making it subject to a schedule tax of EGP 20 per 1,000 cubic feet as part of efforts to strengthen state revenues and broaden the tax base.

Minister of Petroleum and Mineral Resources Karim Badawi said Egypt has the capabilities to become a hub connecting the Caspian Sea region and Europe in the energy sector, citing its strategic location and advanced energy infrastructure.

Minister of Petroleum and Mineral Resources Karim Badawi discussed opportunities to deepen cooperation with Turkiye in the energy and mining sectors during a meeting with Turkish Minister of Energy and Natural Resources Alparslan Bayraktar on the sidelines of Baku Energy Week in the Azerbaijani capital from June 1st to 3rd.

Egypt plans to clear all outstanding dues owed to international oil companies (IOCs) by June 10th, 2026, earlier than a previously targeted June 30th deadline, Minister of Petroleum and Mineral Resources Karim Badawi said in a meeting with Prime Minister Mostafa Madbouly.

Minister of Petroleum and Mineral Resources Karim Badawi announced the launch of an exceptional edition of the Egypt Mining Forum on September 28th and 29th in the New Capital

The Mineral Resources and Mining Industries Authority (MRMIA) signed an agreement with initials to launch Egypt’s first comprehensive aerial mineral survey in 42 years.

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the commencement of drilling operations of a new well at Narges gas field in the Mediterranean Sea.