Oil prices rise on Thursday
Oil prices rose on Thursday, with Brent crude gaining more than $1 per barrel in volatile trading as escalating…
Browsing Tag
LNG
Egypt’s PM reviews plans to expand strategic fuel reserves
Prime Minister Moustafa Madbouly reviewed Egypt's plans to expand strategic petroleum reserves on Wednesday as the…
URGENT: Eni reaches FID for Cyprus’ Cronos gas project linked to Egypt
Eni has reached the final investment decision (FID) to develop Cyprus' Cronos gas field. Production is set to begin…
Oil extends gains on Wednesday
Oil prices extended gains on Wednesday after US President Donald Trump reimposed a naval blockade on all Iranian…
Egypt plans 101 oil and gas exploration wells in 2026 – minister
Egypt plans to drill 101 oil and gas exploration wells in 2026 as part of efforts to boost domestic production and…
Oil prices fall on Thursday
Oil prices fell on Thursday as investors reassessed the impact of renewed US strikes on Iran, with concerns over…
Oil prices fall 1% on Tuesday
Oil prices fell around 1 per cent on Tuesday and headed for sharp monthly losses as investors weighed uncertainty…
Egypt, Cyprus discuss speeding offshore gas projects at Washington talks
Egypt and Cyprus discussed ways to accelerate investment in offshore natural gas projects during talks in…
Egypt calls for renewed talks on Palestinian offshore gas development at Washington…
Egypt called for the resumption of talks on developing Palestinian offshore gas resources during a ministerial…
Egypt reviews gas grid readiness for summer demand
Egypt’s Petroleum Minister Karim Badawi reviewed on Saturday the operational readiness of the national natural gas…
QatarEnergy halts LNG, downstream production after attacks
QatarEnergy has stopped production of liquefied natural gas (LNG) and associated products following military…
Global markets extend losses on Tuesday
Global markets extended losses on Tuesday as investors weighed the fallout from U.S. and Israeli strikes on Iran,…
Egypt ensures energy sector readiness amid regional tensions
Egypt’s Prime Minister Moustafa Madbouly held a high-level meeting on Sunday to review the preparedness of the…
Egypt secures energy supplies with proactive measures amid regional unrest –…
Egypt’s Ministry of Petroleum and Mineral Resources has implemented proactive measures to secure domestic supplies…
Egypt approves $4.3m S.Korea grant for green energy infrastructure in Suez Canal
Egypt’s Cabinet on Wednesday approved a draft presidential decree ratifying a $4.3 million grant agreement with…
Egypt unveils 5 initiatives to boost Arab energy security at OAPEC meeting
Egypt unveiled five new initiatives to strengthen Arab energy security during the annual ministerial meeting of the…
Egypt exports 150,000 m3 LNG cargo to Türkiye via Shell
Egypt has exported a 150,000-cubic-metre liquefied natural gas (LNG) cargo from the Idku plant to Türkiye on behalf…
Egypt, Greece weigh joint gas infrastructure projects to bolster energy links with Europe
Egypt and Greece are stepping up talks on joint energy infrastructure projects that could boost natural gas flows…
Iraq signs $450 million LNG project deal with Excelerate Energy
Iraq signed a $450 million investment agreement with US-based Excelerate Energy to establish its first floating…
Egypt sees gas output rebound, eyes new investments at GECF meeting
Egypt’s natural gas sector has returned to positive growth after years of decline, with production rising in August…
Jordan extends LNG transport deal with Egypt’s Fajr to ensure gas supply continuity
Jordan has extended its agreement for transporting regasified liquefied natural gas (LNG) from the floating storage…
EU passes 19th sanctions package, cracks down on Russia’s oil fleet
The European Commission on Thursday announced the European Union’s 19th package of sanctions against Russia, in one…
Egypt’s petroleum ministry, Suez Canal Authority plan LNG station in Port Said to fuel…
Egypt’s ministry of petroleum and the Suez Canal Authority (SCA) plan to build a liquefied natural gas (LNG)…
Egypt exports LNG to Italy from Idku – statement
Egypt’s ministry of petroleum and mineral resources announced on Monday the export of a liquefied natural gas (LNG)…
Egypt, Shell discuss expanding gas exploration, LNG cooperation
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawy held talks with Dalia El Gabry, Chairperson of…
Egypt sees uptick in gas, fertiliser, mining – minister
Egypt’s natural gas production is climbing again after four challenging years, driven by foreign investment…
Egypt, Nigeria discuss expanding energy cooperation at Gastech
Egypt’s Petroleum Minister Karim Badawy met Nigeria’s Minister of State for Petroleum Resources Ekperikpe Ekpo on…
Egypt’s petroleum sector cuts $3.5 bln from import bill: minister
Egypt’s petroleum sector cut about $3.5 billion from the country’s import bill in the past fiscal year thanks to…
Egypt highlights gas hub role at Gastech 2025 roundtable
Egypt is stepping up efforts to maximise the value of its natural gas resources, backed by a stable investment…
Egypt’s Khalda Petroleum adds 50 mcf/d from new Western Desert well
Egypt’s Khalda Petroleum Company has started production from the South (NUT-1) gas well in the Western Desert, with…
Egypt, Jordan begin FSRU trials to boost regional energy security
Egypt and Jordan have begun Wednesday commissioning trials for the floating storage and regasification unit (FSRU)…
FRU Energean Force ready for Arab Gas Pipeline link
The floating regasification unit Energean Force has arrived at Aqaba Port in Jordan, as part of the Ministry of…
Egypt, UAE discuss boosting energy, mining cooperation
Egypt’s Petroleum Minister Karim Badawy met in Abu Dhabi with Mariam Mohammed Saeed AlMheiri, head of the UAE…
Egypt regasification capacity hits 2,250m cf/d during peak period
Egypt’s current regasification capacity during the peak consumption period of 2025 is estimated at 2,250 million…
Qatar threatens to cut EU LNG supplies over due diligence law
Qatar has threatened to cut natural gas (LNG) exports to the European Union (EU) in response to the bloc’s…
Egypt to restructure industrial utilities support system
Egypt is set to overhaul the technical and administrative structure supporting utility services in industrial…
Egypt’s Petroleum Min. inspects gas readiness at SUMED, Sonker ports
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi conducted a field visit to the SUMED and Sonker…
Egypt’s govt. follows up on energy, fuel strategy
Prime Minister Mostafa Madbouly held a meeting on Sunday with Minister of Electricity and Renewable Energy Mahmoud…
Egypt, Azerbaijan discuss oil, gas cooperation
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held talks with Azerbaijan’s Minister of Energy…
Egypt to begin operating 2 FSRUs next week – PM
Egypt will begin operating two Floating Storage Regasification Units (FSRUs) early next week to boost natural gas…