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Energy
Saudi pipeline outage threatens global oil supply
Saudi Arabia could run out of oil stocks for export within days if it fails to restart its major East-West pipeline…
Egypt signs deal with China’s CATL to build EV battery plant
Egypt has signed a contract with Chinese battery maker Contemporary Amperex Technology (CATL) to establish a…
Egypt targets 29,700 MW renewable capacity by 2029
Egypt is targeting more than 29,700 megawatts (MW) of renewable energy capacity by 2029, as part of plans to expand…
EBRD seeks to expand investment in Egypt across energy, industry
The European Bank for Reconstruction and Development (EBRD) is seeking to expand investment in Egypt, particularly…
Egypt’s gas system meets record summer demand – minister
Egypt’s natural gas supply system successfully met the needs of power plants and industrial facilities during the…
Egypt to add 2 GW of solar capacity in 2026
Egypt is expected to add around 2 gigawatts (GW) of solar capacity in 2026, up 176 per cent year on year, making it…
Egypt, UAE’s Fujairah accelerate plans for Alamein oil trading hub
Egyptian Prime Minister Moustafa Madbouly met officials from the United Arab Emirates' Fujairah emirate on Tuesday…
BP starts Egypt gas well two years early to add 80 MMcf/d – ministry
BP Plc started production from the Fayoum-4 gas well in Egypt’s West Nile Delta (WND) two years ahead of schedule,…
Egypt to replace faulty electricity meters within 72 hours
Egypt will replace faulty electricity meters within 72 hours and standardise assessment prices across electricity…
Egypt, Rosatom discuss desalination project in Dabaa City
Egypt is working with Russia’s Rosatom on a seawater desalination project in Dabaa that would supply water to the…
Eni plans 230 exploration, development wells in Egypt in next phase
Italian energy group Eni plans to drill 30 exploration wells and 200 development wells in Egypt in the coming phase…
Eni says Egypt investments hit $8.5 bln, vows to deepen partnership
Italian energy group Eni has invested $8.5 billion in Egypt and plans to deepen its partnership with the country,…
Egypt nears final studies for 3,000-MW power link to Europe via Italy
Egypt is nearing completion of final technical, environmental, and financial studies for a planned 3,000-megawatt…
Egypt starts construction of $50 mln Sungrow energy storage plant
Egypt has begun construction of a $50 million energy-storage systems plant in the Suez Canal Economic Zone…
Egypt reviews 3,100-MW solar, pumped-storage project in Sinai
Egypt's Electricity and Renewable Energy Minister Mahmoud Esmat reviewed plans for an integrated 3,100-megawatt…
Egypt plans to bring Taurt-6 gas well onstream by year-end
Egypt plans to bring the Taurt-6 well onstream before the end of the year, targeting production of 40 million cubic…
Egypt seeks to fast-track Harmattan gas field to boost domestic supply
Egypt is seeking to accelerate the development of the offshore Harmattan gas field in the Mediterranean, which is…
Egypt prepares for MOC 2026
Egypt is preparing to host the Mediterranean Offshore Conference and Exhibition (MOC 2026) in Alexandria from…
OPEC forecasts oil demand to grow by 0.6 mb/d in 2026
The Organisation of the Petroleum Exporting Countries (OPEC) expects global oil demand to grow by about 0.6 million…
Egypt’s power load hits record 40,200 MW
Egypt's national electricity grid recorded an unprecedented peak load of 40,200 megawatts on Wednesday, up 200…
Egypt’s EMC wins $18.6 mln Eni contract for Iraq’s Zubair field
Egypt Maintenance Company (EMC) has won an international tender from Iraq’s Basra Oil Company (BOC) to supply…
Egypt’s power sector investments hit EGP 5 trln since 2014 – minister
Egypt's investments in the electricity and renewable energy sector have reached about 5 trillion Egyptian pounds…
Egypt’s power grid hits record 40,000 MW as summer demand rises
Egypt's national electricity grid reached a record peak load of 40,000 megawatts on Tuesday, exceeding the previous…
Egypt’s Cargas exports first hydraulic oil shipment to Türkiye
Egypt's Cargas has exported its first-ever shipment of hydraulic oils to Türkiye, opening a new line of business as…
Egypt, ExxonMobil discuss activating Cyprus gas export MoU
Egypt and ExxonMobil are in talks to activate a memorandum of understanding on transporting natural gas from the…
Egypt’s electricity tariffs rise 12%
Egypt's electricity tariffs for residential consumers increased by an average of 12 per cent. At the same time,…
Egypt’s deputy PM says drone strike missed key LNG storage tanks
A drone struck a liquefied natural gas (LNG) service vessel at Damietta Port but failed to hit its main storage…
Egypt says Petroleum Ministry provided first official account of Damietta fire
Egypt's Ministry of Petroleum was the first government body to announce details of the fire at Damietta Port, and…
Egypt to deploy backup LNG vessel from Jordan after Damietta fire – PM
Egypt will deploy a standby liquefied natural gas (LNG) regasification vessel from Jordan while repairs are carried…
Egypt’s gas, power supplies unaffected by Damietta incident – PM
Egypt's energy and natural gas supplies have not been affected by this week's vessel incident at Damietta Port as…
Egypt’s PM says swift response averted wider damage at Damietta Port
Egyptian Prime Minister Moustafa Madbouly said on Thursday that a rapid response by emergency services and state…
Egypt’s PM says investigation into Damietta port drone attack ongoing
Egyptian Prime Minister Moustafa Madbouly said on Thursday that investigations into the drone attack on Damietta…
URGENT: Egypt’s Damietta LNG regasification vessel unharmed after fire – PM
Egypt's floating storage and regasification unit (FSRU) at Damietta Port was not damaged by this week's fire, which…
Egypt, Libya agree to deepen energy cooperation, advance power link
Egypt and Libya agreed on Thursday to deepen cooperation in natural gas, oil exploration, and electricity…
Egypt says Damietta port operating normally after drone-linked fire
Egypt's Damietta Port is operating at full capacity following the fire aboard two vessels on 29 July that…
Egypt says drone caused fire on two vessels at Damietta Port
Preliminary investigations found that a drone caused the fire aboard two vessels at Egypt's Damietta port on 29…
Egypt contains fire on gas vessels at Damietta Port with no casualties
A fire aboard a floating storage and regasification unit (FSRU) and a connected gas storage vessel at Egypt's…
Egypt’s PM reviews plans to expand strategic fuel reserves
Prime Minister Moustafa Madbouly reviewed Egypt's plans to expand strategic petroleum reserves on Wednesday as the…
Egypt’s green public investments hit EGP 215.5 bln in FY2024/25
Egypt recorded 215.5 billion Egyptian pounds ($4.2 billion) in green public investments during fiscal year 2024/25,…
Egypt offers 2,300 jobs at El Dabaa nuclear plant
Egypt's Labour Ministry said on Monday it was offering 2,300 jobs at the El Dabaa Nuclear Power Plant project in…