EUG Attracts Over $1.2Bn in Investments Since Launched: Gateway Project ManagerAugust 12, 2025 Mohamed Radwan, Ganoub El Wadi Petroleum Holding Company’s (Ganope) Vice Chairman for Agreements and Exploration and Egypt Upstream Gateway’s (EUG)…
Aramco Earnings Hit By Q2 Oil Price DeclineAugust 12, 2025 Saudi Aramco’s net income fell by 22% year-on-year to $22.67bn in Q2 as average realized prices for its crude oil…
Egypt Signs $490M Financing Deal for New Alamein Soda Ash PlantAugust 12, 2025 The Egyptian Soda Ash Company (ESAC) and several national and regional financing institutions signed an Agreement in Principle (AIP) for…
Egypt’s Earns Place in CIF Climate Fund ProgramAugust 12, 2025 Egypt has been selected as one of only seven countries worldwide to benefit from the Climate Investment Funds (CIF) program—a…
Trump Envoy Tour Resets US Engagement Across North Afric…August 12, 2025 US President Donald Trump’s Senior Advisor for Africa Massad Boulos kicked off a six-day diplomatic tour of North Africa on…
Dana Gas Net Profits Surge 1% in H1 2025 YoY, Driven by Strong Performance in Egypt and IraqAugust 11, 2025 Dana Gas, one of the major natural gas companies in the Middle East, reported a 1% increase in net profits…
Madbouly Reviews Efforts to Boost Petroleum Stockpiles, Pay Arrears to International Oil PartnersAugust 11, 2025 Egypt’s Prime Minister Mostafa Madbouly held a meeting with the Governor of the Central Bank of Egypt (CBE), Hassan Abdalla,…
Opec+ Prioritizes Flexibility Amid Uncertain Geopolitical OutlookAugust 11, 2025 The Opec+ Group of Eight has agreed to unwind the final tranche of its 2.2mn b/d voluntary cuts in September,…
Badawi Reviews Developments at Alamein’s El Hamra Petroleum Port, Mirroring UAE’s Al FujairahAugust 11, 2025 Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), has paid a field visit at El Hamra Petroleum Port…
Fertiglobe’s Operations Hit By Egypt Gas Outage In Q2 |…August 11, 2025 Fertiglobe’s profits fell sharply to $38.3mn during the second quarter of the year. This is the lowest ever Q2 figure…