5+ day, 8+ hour ago   (203+ words) North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operational, asset enhancement, and facilities development investments during the fiscal year (FY) 2025/26. The…...

6+ day, 59+ min ago   (231+ words) Shell Lubricants Egypt has partnered with TAQA Petroleum to make its lubricants and coolants available across TAQA Petroleum service stations, expanding access to the products for motorists across Egypt, according to Shell’s statement. The partnership will cover Shell Helix for…...

1+ week, 3+ hour ago   (358+ words) Capturing Value in Egypt’s Precious Metals Sector In this context, Ashmawy notes: “If the facility is built according to international standards from the ground up, Egypt has a real opportunity to become a regional hub for refining and trading, rather…...

1+ week, 3+ hour ago   (281+ words) Hassan Bekheit, former Undersecretary of the Ministry of Petroleum and Mineral Resources (MoPMR), similarly viewed the measures as “a positive step toward developing the sector,” but stressed that their success should ultimately be reflected in “tangible outcomes and concrete figures…...

1+ week, 2+ hour ago   (255+ words) Karim Badawi, Minister of Petroleum and Mineral Resources, said raising the utilization rate of Egypt’s refineries from 66% to 80% will increase reliance on locally refined petroleum products and help reduce the country’s fuel import bill. Badawi made the remarks during Cairo…...

1+ week, 5+ hour ago   (305+ words) Misr Petroleum generated more than EGP 230 billion in revenues and sold over 8 million tons (mmt) of petroleum products during fiscal year (FY) 2025/26, while implemented investments reached around EGP 1 billion, according to Chairman Mohamed Maged Bakheet. Bakheet made the remarks during…...

1+ week, 1+ day ago   (266+ words) Karim Badawi, Minister of Petroleum and Mineral Resources, directed Cooperation Petroleum Company (CPC) to prepare a five-year plan to expand its products and services into neighboring markets after the company reported strong growth in FY 2025/26. Badawi issued the directive during…...

1+ week, 1+ day ago   (220+ words) Farah Petroleum (PetroFarah) recorded average production of around 10,500 barrels of oil equivalent per day (boe/d) during fiscal year 2025/26, while advancing drilling, development, cost‑optimization and operational efficiency programs, Chairman Tamer Idris said. PetroFarah increased its reserves to more than 11 million…...

1+ week, 1+ day ago   (213+ words) TAQA Arabia’s Board of Directors has approved establishing a new petroleum products depot in Greater Cairo, with an estimated investment of about EGP 1.4 billion, according to a disclosure submitted to the Egyptian Exchange (EGX). TAQA Arabia’s subsidiary, TAQA for Petroleum…...

1+ week, 2+ day ago   (262+ words) Karim Badawi, Minister of Petroleum and Mineral Resources, called for further development of Egypt’s refineries, transportation networks and storage capacity to strengthen energy security and Egypt’s position as a regional petroleum products trading hub. Badawi made the remarks during the…...