Egypt signs $800m financing deal with ITFC to support energy sector
Egypt signed an annual financing programme worth $800 million with the International Islamic Trade Finance…
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energy sector
Egypt, ITFC sign $1.5 billion annual work programme for 2026
Egypt and the International Islamic Trade Finance Corporation (ITFC) signed a $1.5 billion annual work programme…
Egypt announces new Nile Delta gas discovery adding 50mcf
Egypt’s Ministry of Petroleum announced on Saturday a new natural gas discovery in the Nile Delta with estimated…
Egypt cuts oil, gas arrears to $714 million by April 2026
Egypt has reduced the accumulated debt owed to oil and gas partners from $6.1 billion in June 2024 to about $714…
Egypt, TotalEnergies discuss renewed push into Mediterranean gas exploration
Egypt held talks with France’s TotalEnergies on plans for the company to expand its natural gas exploration…
Egypt to host East Africa Power Pool electricity market operator
Egypt has been selected as the permanent host country for the electricity market operator of the Eastern Africa…
Egypt’s EGPC reviews plans to boost oil, gas output, attract investment
Egypt’s General Petroleum Corporation (EGPC), chaired by Petroleum Minister Karim Badawy, reviewed plans to…
Egypt’s Badr El-Din cuts drilling time by 10 days, saves $500k
Egypt’s Badr El Din Petroleum Company (BAPETCo) cuts drilling time by 10 days and saves $500,000 through advanced…
Egypt PM reviews fuel supply, arrears plan with finance, petroleum ministers
Prime Minister Moustafa Madbouly met on Monday with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim…
Egypt’s Modern Gas expands in Saudi Arabia, UAE as profits rise in 2025
Egypt’s state-run Modern Gas is expanding its presence in Saudi Arabia and the United Arab Emirates while…