Minister of Petroleum and Mineral Resources Karim Badawi met Ann Davies, Senior Vice President for Wells at bp, to review the progress of drilling programs for new natural gas wells in the Mediterranean

Minister of Petroleum and Mineral Resources Karim Badawi and Lebanon’s Minister of Energy and Water Joseph Saddi inked an agreement to rehabilitate and upgrade natural gas networks in Lebanon through the Egyptian petroleum sector's expertise, embodied by Technical Company for Gas Pipeline Operation Services (TGS).

Minister of Petroleum and Mineral Resources Karim Badawi met a delegation from ExxonMobil to discuss enhancing cooperation in the production, distribution, and marketing of synthetic lubricants.

Minister of Petroleum and Mineral Resources Karim Badawi has introduced incentives to expand horizontal drilling and hydraulic fracturing to boost local production.

Egypt's Cabinet has greenlit amendments to the executive regulations of the Mineral Resources Law No. 198 of 2014, as a continuation of Law No. 87 of 2025, within the state's direction towards developing the mining sector and maximizing the utilization of mineral resources.

The Ministry of Petroleum and Mineral Resources announced a new natural gas discovery in the Nile Delta region, with production rates estimated at around 50 million cubic feet per day (Mcf/d).

Minister of Petroleum and Mineral Resources Karim Badawi discussed with Pascal Breant, Managing Director of TotalEnergies in Egypt and Cyprus, the company’s planned return to expanding natural gas exploration activities in Egypt, particularly in the Herodotus Basin in the Western Mediterranean.

The Egyptian government has reduced dues to international oil companies (IOCs) to approximately $770 million now from $6.1 billion in June 2024, with a commitment to reaching zero dues before the end of June 2026, Minister of Petroleum and Mineral Resources Karim Badawi said.

Chairman of the Mineral Resources and Mining Industries Authority Yasser Ramadan held a series of meetings with Turkish and American officials and companies to explore opportunities to attract investment to Egypt’s mining sector.

Minister of Petroleum and Mineral Resources Karim Badawi met with Greg McDaniel, Senior Vice President for International Assets at APA Corporation and the company’s General Manager in Egypt, to discuss strengthening cooperation and review operational progress across its production sites.

Minister of Petroleum and Mineral Resources Karim Badawi met with Diego Portoghese, Head of North Africa and Levant at Eni, and Francesco Gasparri, Eni’s General Manager in Egypt, to review the company’s exploration and production activities in Egypt and discuss avenues to strengthen cooperation.

Egypt’s Prime Minister Mostafa Madbouly chaired a meeting to review the Ministry of Petroleum and Mineral Resources’ plan to list a number of state-owned companies on the Egyptian Exchange (EGX), with procedures now underway to temporarily list 10 petroleum sector firms.

Egypt has agreed to purchase the full production of natural gas from Cyprus’ Aphrodite field under a new set of agreements aimed at strengthening supply and supporting exports.

Egypt’s Ministry of Petroleum and Mineral Resources announced that PetroGulf has increased its production from fields in the Gulf of Suez to approximately 26,600 barrels per day, marking the highest level since the company’s establishment in 1982.

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.