Egypt raises high-usage electricity prices from April amid energy crisis
Egypt will increase electricity prices for some commercial and household consumption brackets starting in April due…
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energy sector
Egypt denies fuel price hike rumours
Egypt’s Ministry of Petroleum and Mineral Resources denied on Wednesday reports claiming fuel prices would rise…
Chevron is investing $60 million in Egypt offshore drilling – Cabinet
Chevron is investing $60 million in offshore drilling activities in Egypt’s Mediterranean waters as part of its…
Egypt courts global energy investors at EGYPES 2026, pledges to push ahead with reforms
Egypt reaffirmed its commitment to economic reforms and attracting foreign investment in its energy sector on…
Egypt’s Petroleum Min inspects rig for 5 new Gas wells as BP, Arkeus boost investments
Egypt’s Minister of Petroleum Karim Badawi inspected the drilling vessel Valaris DS-12 on Saturday. The vessel has…
Egypt to settle $1.3b in oil, gas partner dues by June ’26 – ministry
Egypt plans to settle $1.3 billion in oil and gas partner dues by the end of June 2026, down from $6.1 billion in…
Shell successfully drills Sirius 1X gas well in Egypt – ministry
Egypt’s Ministry of Petroleum said on Monday that Shell successfully drilled its first gas exploration well of 2026…
Egypt denies link to LNG tanker involved in incident off Libya
Egypt’s Ministry of Petroleum on Wednesday denied any connection to a liquefied natural gas (LNG) tanker involved…
Capricorn Energy plans to double Egypt operations – petroleum ministry
UK-based Capricorn Energy plans to double its footprint in Egypt’s petroleum sector under a long-term strategy,…
Egypt looks to advanced drilling technology to double oil production – minister
Egypt is seeking to double its domestic crude oil production over the next five years by working more closely with…