Minister of Petroleum and Mineral Resources Karim Badawi met with ExxonMobil executives to discuss the initial steps for implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy.
Updated 8/9/2026 12:31:00 AM
Eni has reached the Final Investment Decision (FID) to develop the Cronos gas field offshore Cyprus, targeting to bring the first Cypriot gas to market in 2028
Updated 7/28/2026 12:20:00 PM
Prime Minister Mostafa Madbouly has inspected petroleum facilities of Rashid Petroleum Company (Rashpetco) and the Idku Plant, highlighting the importance of Egypt's liquefied natural gas (LNG) infrastructure
Updated 6/14/2026 9:59:00 AMPrime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) between the Ministry of Petroleum and Mineral Resources, ExxonMobil, and Qatar Energy
Updated 5/20/2026 1:10:00 PMCypriot President Nikos Christodoulides has approved the development and production plan for the Cronos gas field, paving the way for the first shipment of natural gas to Europe via Egypt by 2028.
Updated 5/20/2026 7:55:00 AM