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World Oil Production Expected to Increase to 105.8 mmbl/d in 2025: IEA

World Oil Production Expected to Increase to 105.8 mmbl/d in 2025: IEA

September 11, 2025

The International Energy Agency (IEA) forecasted a rise in global oil production by 2.7 million barrels per day (mmbl/d), to record 105.8 mmbl/d in 2025, as a reflection of the OPEC+ decision to ease back its earlier oil...

Badawi Holds Key Meetings to Attract Invetments at Gastech 2025

Badawi Holds Key Meetings to Attract Invetments at Gastech 2025

September 11, 2025

On the sidelines of the Gastech Exhibition and Conference 2025 in Milan, Karim Badawi, Minister of Petroleum and Mineral Resources, held a series of meetings with the heads of major international energy companies. The di...

Woodside Energy, PETRONAS Ink SPA Agreement for LNG Supply

Woodside Energy, PETRONAS Ink SPA Agreement for LNG Supply

September 11, 2025

Woodside Energy Trading Singapore Ltd and PETRONAS LNG, a subsidiary of Petroliam Nasional Berhad (PETRONAS), have signed a fully termed sale and purchase agreement (SPA) for the delivery of 1 million tons per annum (Mtp...

Badawi Outlines Egypt’s Strategy to Attract Investment, Secure Local Needs at Gastech 2025

Badawi Outlines Egypt’s Strategy to Attract Investment, Secure Local Needs at Gastech 2025

September 10, 2025

Karim Badawi, the Minister of Petroleum and Mineral Resources, said that the Egyptian government prioritizes creating a stable, attractive investment climate in the oil and gas sector. He mentioned this during his chairm...

Crude Oil Prices Rise Amidst Middle East Tensions - Oil & Gas Market Trends 2025: Futures Analysis & Industry Insights

Crude Oil Prices Rise Amidst Middle East Tensions - Oil & Gas Market Trends 2025: Futures Analysis & Industry Insights

September 10, 2025

The price of WTI and Brent crude oil saw a slight increase on Wednesday, a movement that could be attributed to heightened geopolitical tensions in the Middle East. This followed reports of a significant Israeli airstrik...

WB Deepens Cooperation with Egypt on Methane Reduction, Gas Flaring Initiatives

WB Deepens Cooperation with Egypt on Methane Reduction, Gas Flaring Initiatives

September 10, 2025

On the sidelines of the Gastech 2025 conference, Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with a World Bank delegation led by Zubin Bamji, Director of the Bank’s Global Gas Flar...

EGAS, bp to Drill Five Exploratory Gas Wells in the Mediterranean

EGAS, bp to Drill Five Exploratory Gas Wells in the Mediterranean

September 10, 2025

The Egyptian Natural Gas Holding Company (EGAS) has signed a memorandum of understanding (MoU) with bp for assessing opportunities to implement a drilling program of five exploratory wells at depths ranging from 300 to 1...

Egypt Launches $117mn OBN Seismic Survey Project in Eastern Mediterranean

Egypt Launches $117mn OBN Seismic Survey Project in Eastern Mediterranean

September 10, 2025

Egypt plans to carry out an ocean bottom node (OBN) seismic survey project in the Eastern Mediterranean, covering an area of 95,000 square kilometers using the latest global technologies in seismic surveying and explorat...

Supreme Council of Energy Convenes to Discuss Energy Diversification Goals

Supreme Council of Energy Convenes to Discuss Energy Diversification Goals

September 09, 2025

The Supreme Council of Energy held a meeting chaired by Mostafa Madbouly, the Prime Minister to discuss securing energy supplies from diverse sources to support the state’s objectives across key productive and developm...

EMGF, MCS Team Up to Enhance Cyber Security at EmpowerMed Women Network

EMGF, MCS Team Up to Enhance Cyber Security at EmpowerMed Women Network

September 09, 2025

Mideast Communication Systems (MCS), a leading regional IT solutions provider, and The East Mediterranean Gas Forum (EMGF), a regional platform for structured dialogue on natural gas policies, have signed a Memorandum of...

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