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Egypt seeks deeper cooperation with Saudi Arabia in oil sector – FM

During a meeting in Riyadh with Saudi Energy Minister Prince Abdulaziz bin Salman, Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty expressed eagerness to expand strategic partnerships with Saudi Arabia in the oil and energy sectors, leveraging Egypt’s strategic location and resources. Abdelatty welcomed further development of bilateral energy projects, highlighting the Egypt-Saudi Arabia …

The post Egypt seeks deeper cooperation with Saudi Arabia in oil sector – FM appeared first on Egypt Independent.

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Egypt amongst top 10 African countries with largest proven crude oil reserves: Business Africa

Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform. In a report released on Tuesday, the platform stated that oil is a vital source of energy and economy in many African countries, which possess huge reserves of this precious resource. …

The post Egypt amongst top 10 African countries with largest proven crude oil reserves: Business Africa appeared first on Egypt Independent.

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Badly damaged Russian tankers carrying thousands of tons of fuel spill oil near Black Sea

CNN  —  Two Russian tankers carrying thousands of tons of fuel were badly damaged in stormy weather near the Black Sea over the weekend, leading to an oil spill, according to Russian state media. The Volgoneft 212 and Volgoneft 239 vessels were in the Kerch Strait between mainland Russia and annexed Crimea when they got …

The post Badly damaged Russian tankers carrying thousands of tons of fuel spill oil near Black Sea appeared first on Egypt Independent.

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