- Crude Oil (WTI) 91.35 USD/bbl 0.59%
- Crude Oil (Brent) 103.77 USD/bbl -0.23%
- NYMEX Natural Gas 3.00 USD/MMBtu -1.32%
- OPEC Basket Price 109.53 USD/bbl -1.99%
Egypt
Egypt Adds 45 mmcf/d of Gas from Four Wells
Egypt’s petroleum sector has added 45 million cubic feet per day (mmcf/d) of natural gas and 540 barrels per day (bbl/d) of condensates from four wells in the Western Desert, Gulf of Suez, and onshore Nile Delta, the Ministry of Petroleum and Mineral Resources said. The additions comprise three new wells brought onstream and one previously shut-in well returned to production following repair work.
TotalEnergies Marketing Egypt
TotalEnergies ADNOC Marketing, Misr El Kheir Launch Disability Rehabilitation Project
TotalEnergies ADNOC Marketing, a joint venture (JV) between TotalEnergies and ADNOC Distribution, in partnership with Misr El Kheir Foundation, has launched an integrated rehabilitation project for people with disabilities in Sharqia Governorate. The project includes specialized units providing rehabilitation and support services for children, aiming to provide sustainable support to beneficiaries, their families, and the surrounding community.
Egypt Mining Forum
Madbouly Meets Investors to Drive Mining Sector Growth
Prime Minister Mostafa Madbouly held a roundtable with local and international mining companies and financial institutions to discuss developing the country’s mining sector, improving infrastructure, and strengthening investor confidence. The meeting, held as part of the fifth Egypt Mining Forum (EMF) 2026, focused on the theme “From Discovery to Industrial Development: Building Investor Confidence Across Egypt’s Mining Value Chain.”
investments
UCC Oil and Gas Eyes Expansion Into New Venezuelan Fields
UCC Oil and Gas is exploring opportunities to enter additional Venezuelan fields following its recent license to develop the Loran gas project with bp and XRG.
Saudi Arabia
Saudi Restarts Yanbu Oil Loadings After East-West Pipeline Reopens
Saudi Arabia has resumed crude oil and refined-product loadings from the Red Sea port of Yanbu after restarting its East-West Pipeline, restoring an important export route that had been disrupted by a drone attack earlier this month, Reuters reported. Saudi Aramco has notified customers of its October loading schedule from Yanbu, while tanker-tracking data showed that crude loadings had already resumed.
EMF
Huawei Sign Solar Energy Agreement to Power Wadico's Mining Operations
Wadico is investing $3.5 million in a 3.2-megawatt solar power station with Huawei to support 24-hour mining operations and reduce carbon emissions. Tony Bu, CEO of Huawei Egypt’s Digital Power Business, told Egypt Oil & Gas (EOG) that Huawei’s solar and power solutions can help mining companies optimize operating expenditure (OPEX), enhance energy reliability, and reduce environmental impact by integrating solar generation with advanced energy storage systems.
meeting
AMOC Advances Acid Gas Treatment Project, Completes Group II Base Oil Trial
Alexandria Mineral Oils Company (AMOC) has completed the mechanical works for its Acid Gas Treatment Project, including the installation of equipment and instruments and the required testing, according to the company’s disclosure to the Egyptian Exchange (EGX). The project, with estimated cost of $250,000, is designed to process acid gases from the MDDU unit instead of sending them to the acid flare system. It contributes to enviromental sustainability through reduce carbon emissions by around 28,500 tons annually (t/y) and generate estimated annual savings of around $2.5 million through lower natural gas consumption.
Worley
Australia's Worley Eyes Mining Opportunities in Egypt
Worley, the Australia-based professional services company in energy, chemicals and resources, has expressed interest in tapping the Egyptian market. Vivek Natarajan, Worley's Vice President for Project Delivery and Operations across Saudi Arabia, Bahrain, Egypt, and Sub-Saharan Africa, met Karim Badawi, Minister of Petroleum and Mineral Resources, to explore cooperation opportunities in existing and new mining projects and leverage the Australian company's expertise and capabilities to develop integrated solutions supporting the growth of Egypt’s mining sector. During the meeting, held on the sidelines of the Egypt Mining Forum (EMF), Badawi highlighted the importance of resorting to specialized international expertise to improve the development and execution of mining projects, support the government’s efforts to maximize the added value of mineral resources and attract more investment to the sector.
