Emirati Dragon Oil to increase oil production in Egypt by 27%
Emirati Dragon Oil is set to increase its oil production in Egypt by 27 percent to 70,000 barrels a day in October,…
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egypt’s energy sector
Egypt, U.S. discuss cooperation in decarbonisation, green energy
Egypt discussed ways of enhancing cooperation with the US in the field of decarbonisation and the utilisation of…
Egypt’s fuel subsidies drop 2% YoY in FY2022/23
Egypt's Petroleum subsidies fell by two percent year on year (YoY) to reach 58 billion Egyptian pounds during the…
ExxonMobil wins exploration rights offshore Egypt
U.S. Oil and energy company ExxonMobil announced on Tuesday it had secured exploration rights to two blocks…
EGYPS 2023 to lead energy transition dialogue, address reshaping of global markets
With the global energy transition underway, the sixth edition of the Egypt Petroleum Show (EGYPS) returns to Cairo…
Egypt: EGYPS 2023 will be the largest edition
As the final preparations are well underway, Egypt is set to host the largest edition of the Egypt Petroleum Show…
QatarEnergy enters Egypt via 17% stake acquisition of Shell-operated concessions
State-run QatarEnergy, formerly known as Qatar Petroleum, has entered into agreements with Shell to acquire a 17…
Hitachi Energy to showcase sustainability, cutting-edge digital solutions at Egypt Energy…
Hitachi Energy, formerly known as Hitachi ABB Power Grids, is participating in Egypt Energy 2021 exhibition, taking…
EBRD unveils $25 million loan for NBKE to promote energy efficiency in Egypt
The European Bank for Reconstruction and Development (EBRD) announced on Thursday it had secured a $25 million loan…
World Bank’s IFC invests $10 million to support Egypt’s energy sector
The International Finance Corporation (IFC), a member of the World Bank Group, announced on Sunday the allocation…