Petrosannan Company exceeded its oil and gas production targets during fiscal year (FY) 2025/2026, supported by investments of $30.69 million, Chairman Ayman El-Morshedy said.

The Egyptian General Petroleum Corporation (EGPC) recorded 63 oil and gas discoveries and refined approximately 28 million tons of crude oil during fiscal year (FY) 2025/2026, while meeting the domestic market’s petroleum product needs, as per a statement.

UK-based Energean plc plans to invest up to $150 million in Egypt over the next four years as it moves to combine its Abu Qir, North El Amriya (NEA), and North Idku (NI) concessions under a single framework.

BG Delta Limited, a subsidiary of British energy company Shell plc, and its partners have reached a final investment decision (FID) on the Phase 12a development project in Egypt’s offshore West Delta Deep Marine (WDDM) concession.

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with the organizing and technical committees of the Mediterranean Offshore Conference & Exhibition (MOC 2026) to review the latest preparations for the event, which will be held in Alexandria from October 20 to 22, 2026.

Egypt is accelerating efforts to boost crude oil and natural gas production as well as scaling exploration activities, Petroleum and Mineral Resources Minister Karim Badawi said during an extensive meeting with international and Egyptian oil companies.

Minister of Petroleum and Mineral Resources Karim Badawi held an expanded meeting to review key performance indicators across the exploration, production, and refining sectors

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.

Egyptian Natural Gas Holding Company (EGAS) and London-listed independent oil and gas company Harbour Energy have inked an agreement to expand exploration activities in the onshore Desouq concession in the Nile Delta.

The Egyptian General Petroleum Corporation (EGPC) has been exerting efforts that contributed to increasing crude oil production after a period of decline, bringing Egypt's total production to more than 540,000 barrels per day (bpd), Minister of Petroleum and Mineral Resources Karim Badawi said.

The Egyptian General Petroleum Corporation (EGPC), Cheiron Petroleum Corporation, and Capricorn Energy signed a new agreement for the Badr El Din concession in the Western Desert.

Egypt and the International Islamic Trade Finance Corporation (ITFC) signed the Annual Work Program for 2026 at a value of a $1.5 billion, extending their successful development partnership.

The Egyptian General Petroleum Corporation (EGPC) signed a memorandum of understanding (MoU) with the Algeria’s oil and gas company Sonatrach to purchase Algerian crude oil

Eni has announced a significant gas and condensate discovery in Egypt after successfully drilling the Denise W-1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean.

The Gulf of Suez Petroleum Company (GUPCO) drilled a new exploratory well in the South Al Wasl area of the Gulf of Suez.

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.

Dragon Oil plans to invest at least $3 billion in Egypt over the coming years.

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.

The Egyptian General Petroleum Corporation (EGPC), the General Authority for Health Insurance, and the Italian company Eni signed a memorandum of understanding (MoU) to support the development of New Heliopolis Hospital

Egypt is set to import at least 1 million barrels per month of Libyan oil due to a halt in Kuwaiti crude supplies caused by the effective closure of the Strait of Hormuz.