Egypt revives energy investments as partner arrears fall
Egypt’s energy sector is regaining momentum after efforts to resolve partner arrears and introduce investment…
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petroleum
Egypt’s trade deficit hits $4.8 billion in January – CAPMAS
Egypt’s trade deficit widened to $4.8 billion in January 2026, up 15 per cent from $4.2 billion a year earlier, the…
Egypt signs Red Sea exploration deals with BP, SLB
Egypt signed agreements on Monday to boost oil and gas exploration in the Red Sea, the petroleum ministry said, as…
Egypt, Chevron sign deal to fast-track Cyprus’ Aphrodite gas link
Egypt and Chevron signed an agreement on Monday to accelerate development of Cyprus’s Aphrodite gas field and…
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 achieves new gas discovery in Western Desert
Egypt’s Ministry of Petroleum announced on Thursday that APA Corporation, in cooperation with the Egyptian General…
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…
Oil drops sharply from three-year high as Trump hints at potential peace deal
Oil prices fell sharply on Tuesday after hitting a three-year high in the previous session, as US President Donald…
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…
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,…