Egypt Seeks World Bank Support to Boost Mining Sector

Egypt Seeks World Bank Support to Boost Mining Sector

Karim Badawi, Minister of Petroleum and Mineral Resources, discussed with Robert Schlotterer, World Bank (WB) Group Metals and Minerals Practice Manager, possible cooperation with the bank’s entities -like the Internat...

Iraq Takes Over West Qurna-2 Management

Iraq is taking over management of Lukoil’s 480,000 b/d-capacity West Qurna-2 (WQ-2) oilfield in Basra. The pre-emptive move is aimed at minimizing disruption at the key field. In a 7 January decision, the council of mi...

Israel-Egypt Gas Deal: Not Over The Line Yet

Despite the public declaration by Israeli Prime Minister Benjamin Netanyahu and Energy Minister Eli Cohen’s that they had approved Israel’s $35bn gas export deal with Egypt last month, a number of hurdles are holding...

Petroleum Minister Urges Africa Toward Value-Added Mining

Petroleum Minister Urges Africa Toward Value-Added Mining

Karim Badawi, Minister of Petroleum and Mineral Resources, called for transforming Africa’s raw mineral riches into value-added exports to drive employment and development. This came during a roundtable titled Africa: ...

Egypt Signs MoUs To Supply Syria, Lebanon With Gas

Egypt has signed two separate MoUs to supply Lebanon and Syria with gas in recent weeks, despite its own gas shortages. Lebanon has no gas production at all, while Syria is trying to increase output from a paltry 7mn m³...