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Mostafa Madbouly, prime minister of Egypt at the 2024 Doha Forum
Upstream Egypt
Marat Aslan
14 March 2025
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Egypt looks to arrest its upstream decline

Gas production slumped to an eight-year low in 2024, but new discoveries and partnership with Cyprus paint a more positive outlook

Egypt’s oil and gas output will likely have to wait another two years to see gains despite a host of recent offshore discoveries and cross-border agreements intended to transform the country into a regional gas hub. Domestic gas production fell by almost 16% year-on-year in 2024 and has declined by just shy of 30% since 2021, according to figures from industry data provider Joint Organisations Data Initiative. By comparison, crude slipped by 4.6% year-on-year in 2024 and has dropped by 3.9% over the past four years. 16% – Fall in Egyptian gas production in 2024 “During the weekly press conference with the prime minister in October, the petroleum minister addressed the challenges face

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US oil sector faces complicated path
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Brazil looks to solve its energy security travails
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
India ready for turbulent times
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector

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