El-Gamil Base in Port Said hosted a technical workshop on September 23rd for field engineers from companies operating in Egypt’s Mediterranean offshore gas and oil sector. The event provided a platform for these field ...
Egypt’s revenues from the Sukari Gold mine during 2024 amounted to $295.2 million. This is divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends, according to AngloGold Asha...
The Egyptian Chemical Industries Company (KIMA) is selling all of its 2.7 % stake in Abu Qir Fertilizers and Chemical Industries Company to the Chemical Industries Holding Company (CIHC), according to a disclosure by KIM...
The diplomatic manoeuvring is over. As widely anticipated, a new layer of United Nations sanctions has been "snapped back" onto Iran, adding to the already stringent unilateral sanctions imposed by the United States. Tho...
OPEC+ is expected to approve a production increase of at least 137,000 barrels per day (b/d) for November at its upcoming virtual meeting on October 5, according to three sources familiar with the discussions, Reuters re...
The Egyptian General Petroleum Corporation (EGPC) agreed to increase crude oil supplies to the Alexandria Petroleum Company (APC) refinery as well as accelerate the procedures needed to expand the production of petroleum...
TotalEnergies, a major energy company, has entered a new phase of its partnership with industrial artificial intelligence (AI) specialist Cognite, signing a three-year program to deploy Cognite’s data and AI platform a...
Amreya Petroleum Refining Company (APRC) is implementing over EGP 2 billion worth of projects to increase the production and storage capacity of petroleum products, according to Chairman Mohamed Sobhy. Sobhy gave these s...
The Alexandria Mineral Oils Company (AMOC) output of oils and waxes reached 172,000 tons in the fiscal year (FY) 2024/25, representing 108% of the target for the year. This was achieved while maintaining a production mix...
The Gulf of Suez Petroleum Company (GUPCO), in collaboration with the UAE’s Dragon Oil, organized a workshop on the optimal use of artificial intelligence (AI) applications in developing and enhancing production from b...
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