energy sector

Egypt Maintenance Company (EMC) has won an international tender from Iraq’s Basra Oil Company (BOC) to supply…

Egyptian General Petroleum Corporation (EGPC) plans to establish an electronic portal to make project surpluses and…

Egypt’s Meleiha Gas Processing Plant in the Western Desert is set to start operations next month with a production…

Egypt aims to increase oil and gas exploration and production activities by around 20 per cent this year as the…

Egypt has resumed drilling operations at the Al Baraka oil field in Upper Egypt for the first time since 2022 as it…

Egypt's petroleum minister and executives from China National Chemical Engineering Co. (CNCEC) discussed on Monday…

Oil prices climbed to near six-week highs on Wednesday as escalating hostilities between the United States and…

Egypt's state-owned Egyptian General Petroleum Corporation (EGPC) is accelerating work on strategic crude oil…

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawy met Dennis Jol, CEO of AIQ, a subsidiary of the…

Egypt’s petroleum sector grew 0.7 per cent in the third quarter of fiscal year 2025/26, its first expansion since…

Oil prices fell by more than 1 per cent on Wednesday, extending weekly losses and hovering near four month lows as…

Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, discussed on Tuesday plans to expand UAE…

Oil prices fell more than 4 per cent on Monday to their lowest levels since March after US President Donald Trump…

Egypt's settlement of all outstanding arrears owed to international oil companies is a positive development that…

Egypt has successfully settled all outstanding dues owed to oil and gas investment partners, bringing them down to…

Egypt signed on Monday development, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit…

Egypt is well-positioned to help connect energy supplies from the Caspian region to European markets, Petroleum…

Oil prices rose more than 3 per cent on Monday after the United States and Iran exchanged strikes and Israel…

Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni, made…

Egypt’s Ministry of Electricity said on Wednesday that a limited fire at the Al Naqra Main 220/66 kV transformer…

Egypt signed an annual financing programme worth $800 million with the International Islamic Trade Finance…

Egypt and the International Islamic Trade Finance Corporation (ITFC) signed a $1.5 billion annual work programme…

Egypt’s Ministry of Petroleum announced on Saturday a new natural gas discovery in the Nile Delta with estimated…

Egypt has reduced the accumulated debt owed to oil and gas partners from $6.1 billion in June 2024 to about $714…

Egypt held talks with France’s TotalEnergies on plans for the company to expand its natural gas exploration…

Egypt has been selected as the permanent host country for the electricity market operator of the Eastern Africa…

Egypt’s General Petroleum Corporation (EGPC), chaired by Petroleum Minister Karim Badawy, reviewed plans to…

Egypt’s Badr El Din Petroleum Company (BAPETCo) cuts drilling time by 10 days and saves $500,000 through advanced…

Prime Minister Moustafa Madbouly met on Monday with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim…

Egypt’s state-run Modern Gas is expanding its presence in Saudi Arabia and the United Arab Emirates while…

Egypt’s Petroleum Minister Karim Badawy inspected night shift operations and stayed overnight with workers on the…

Egypt’s energy sector is regaining momentum after efforts to resolve partner arrears and introduce investment…

Egypt’s Gulf of Suez Petroleum Company (GUPCO) has drilled a new exploratory well in the Gulf of Suez, producing…

Egypt will increase electricity prices for some commercial and household consumption brackets starting in April due…

Egypt’s Ministry of Petroleum and Mineral Resources denied on Wednesday reports claiming fuel prices would rise…

Chevron is investing $60 million in offshore drilling activities in Egypt’s Mediterranean waters as part of its…

Egypt reaffirmed its commitment to economic reforms and attracting foreign investment in its energy sector on…

Egypt’s Minister of Petroleum Karim Badawi inspected the drilling vessel Valaris DS-12 on Saturday. The vessel has…

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…

Egypt’s Ministry of Petroleum said on Monday that Shell successfully drilled its first gas exploration well of 2026…