IEA to release record 400 million barrels of oil to counter Middle East war impact
The International Energy Agency (IEA) has agreed to release 400 million barrels…
Egypt aims to boost oil, gas output with horizontal drilling, fracking
Egypt is seeking to increase oil and natural gas production by expanding…
Saudi Arabia triples Red Sea oil exports to bypass blocked Strait of Hormuz
Saudi Arabia has diverted millions of barrels of crude oil to its…
OPEC+ agrees to increase oil output following US-Israeli strikes on Iran
OPEC+ has agreed in principle to a modest oil output increase of…
OPEC+ to consider larger oil supply hike after US and Israeli strikes on Iran
The OPEC+ alliance is set to consider a larger-than-expected increase in oil…
Egypt targets doubling oil output through advanced drilling technologies, global partnerships
Minister of Petroleum and Mineral Resources Karim Badawi met with senior executives…
Madbouly says Egypt has paid $5bn of arrears to foreign oil partners
Egypt has paid approximately $5bn of outstanding arrears to foreign partners in…
Opinion | Trump’s America and the Global Monroe Doctrine: When Power Becomes Policy
At the dawn of 2026, the world no longer tolerates ambiguity. Diplomatic…
Egypt targets 480 new oil and gas wells in $5.7bn exploration push
Egypt plans to drill 480 exploratory wells with total investments estimated at…
Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives
Egyptian President Abdel Fattah Al-Sisi on Saturday directed his government to scale…