Egypt’s petroleum sector grows 0.7% in Q3, first rise since FY2023/24
Egypt’s petroleum sector grew 0.7 per cent in the third quarter of fiscal year 2025/26, its first expansion since…
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energy sector
Oil prices fall more than 1% on Wednesday
Oil prices fell by more than 1 per cent on Wednesday, extending weekly losses and hovering near four month lows as…
Egypt, UAE firms discuss expanding petroleum investments
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, discussed on Tuesday plans to expand UAE…
Oil prices fall more than 4% on Monday
Oil prices fell more than 4 per cent on Monday to their lowest levels since March after US President Donald Trump…
Egypt’s oil company arrears settlement seen encouraging investment, Standard…
Egypt's settlement of all outstanding arrears owed to international oil companies is a positive development that…
URGENT: Egypt clears $6.1bln oil, gas arrears – minister
Egypt has successfully settled all outstanding dues owed to oil and gas investment partners, bringing them down to…
Egypt, Alcazar Energy sign $420 mln agreement for 580 MW Gabal El Zeit wind farm
Egypt signed on Monday development, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit…
Egypt sees role linking Caspian energy supplies to Europe – minister
Egypt is well-positioned to help connect energy supplies from the Caspian region to European markets, Petroleum…
Oil prices rise more than 3% on Monday
Oil prices rose more than 3 per cent on Monday after the United States and Iran exchanged strikes and Israel…
Egypt’s Agiba, Eni make largest Western Desert discovery in 15 years
Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni, made…