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News
Iran to Announce Temporary Strait of Hormuz Shipping Lane Agreement
1+ day, 57+ min ago (271+ words) Iran plans to present Gulf nations with an agreement reached with Oman on a temporary shipping lane through the Strait of Hormuz on Monday, as Tehran and regional states seek to ease shipping disruptions, Bloomberg reports. The agreement would not…...
UAE, Germany Seal Energy, AI Partnerships Enabling???5 Bn Investment
1+ day, 8+ hour ago (368+ words) The agreements were signed during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s state visit to Germany, according to ADNOC. The deals follow the UAE’s announcement of €40 billion in intended long-term investment in Germany and build on more than €20 billion…...
Saudi Arabia Shuts East-West Oil Pipeline After Drone Attack | Egypt Oil & Gas
2+ day, 2+ hour ago (265+ words) Saudi Arabia has temporarily shut its East-West oil pipeline after a drone attack, cutting a key route the kingdom has used to bypass shipping disruptions through the Strait of Hormuz, according to Reuters. The 1,200-kilometer pipeline carries crude across Saudi…...
EGPC CEO Reviews Gampetco, ZAFCO Performance for FY 2025/26
6+ day, 3+ hour ago (394+ words) Salah Abdel Kerim, CEO of the Egyptian General Petroleum Corporation (EGPC), stressed the importance of developing clear, data-driven plans for the future development of petroleum concessions, particularly those with producing fields such as Gemsa, Egypt’s oldest oil field. This came…...
Architecting the Sector: A Decade of Policy Evolution in Egyptian Mining
1+ week, 3+ hour ago (362+ words) In an exclusive sit-down with Egypt Oil & Gas, Omar Teima, former Chairman of the Egyptian Mineral Resources Authority (EMRA), now the Egyptian Mineral Resources and Mining Industries Authority (MRMIA), sheds light on a landmark era in Egypt’s mining sector and…...
How Airborne Geophysics Is Unlocking Egypt???s Mineral Frontier
1+ week, 3+ hour ago (197+ words) What Airborne Geophysics Actually Does As detailed in technical survey analysis by Discovery Alert, modern multi-physics platforms simultaneously collect four distinct categories of geophysical data. The first is magnetic surveys, which measure changes in the Earth’s magnetic field caused by…...
From Phosphate Rock to Industrial Power: Egypt???s Case for Value-Added Mining
1+ week, 3+ hour ago (243+ words) Perhaps the clearest illustration of Egypt’s changing approach is the development of the Abu Tartour phosphoric acid complex in New Valley Governorate. At the other end of the value chain, the Suez Canal Economic Zone (SCZONE) is emerging as a…...
US Protects 35% Stake in Venezuelan Oil Venture
1+ week, 1+ day ago (226+ words) The US government has structured its 35% stake in a Venezuelan oil venture through warrants to prevent its ownership from being diluted as the project raises funds, according to Reuters. On August 30, the US planned to acquire a 35% passive stake in…...
Badawi Highlights Egypt???s Mining Reforms at Africa Down Under Conference
1+ week, 4+ day ago (410+ words) Egypt had introduced practical measures over less than two years to prepare the mining sector for increased investment and turn the country’s geological potential into clearer and more investment-ready opportunities, said Karim Badawi, Minister of Petroleum and Mineral Resources, at…...
PetroChina Revenue Rises 5.3% in H1 2026, Profit Grows by 22%
2+ week, 8+ hour ago (276+ words) PetroChina, one of China’s major hydrocarbon producers and distributors, reported RMB 1.53 trillion (around $214.5 billion) in revenue for the first half (H1) of 2026, up 5.3% year-on-year (YoY), according to the company’s interim results. Profit attributable to owners of the company reached RMB 103.94 billion…...