Energy News
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Arcius Eyes Expanding its Business in Egypt
They discussed the company’s activities in its concession areas in Egypt and the investment opportunities available in the gas sector.
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Egypt and Spain Explore Investment Opportunities in Hydrogen Production
The Minister said that the Egyptian market has many distinctive investment opportunities in the field of hydrogen production.
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Egypt's Private Non-Oil Sector Records Best Performance Since 2020
The jump in Egypt’s Global Purchasing Manager’s Index also marks the first signs of growth since August, according to S&P.
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Barrick Gold Looks Forward to Acquiring New Mining Concessions in Egypt
Mark Bristow, the President of Barrick Gold Investments, praised the efforts to develop Egypt’s mining sector.
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Egypt to launch new initiatives supporting NatGas adoption and electric vehicles
The initiative was ready for launch and would be supported by a public awareness campaign to highlight the benefits.
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Turkey to supply Egypt with large amount of gas
Egypt is preparing to receive the Turkish gasification ship Botas in June, to provide the market with supplies of up to 500 million cubic feet of gas.
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Egypt faces greatest water stress in Nile Basin
Over the years, Egypt has invested $100 million in projects that directly benefit the citizens of the Nile Basin countries.
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Why renewable energy is Egypt’s next big opportunity
The country is on the cusp of harnessing its renewable energy potential to meet domestic demand, and reduce its reliance on fossil fuels.
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How did Egypt manage to save $900million in 10 months?
Egypt’s ability to save $900 million in under a year showcases the effectiveness of Egypt's reforms.
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Egypt to revive Ataka hydropower plant project
The state awarded the contract to build and fund a pumped-hydro storage plant to Sinohydro in 2018.
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Egypt’s GUPCO Confirms New Oil Discovery in Gulf of Suez
GUPCO will complete the development of the discovery by drilling two additional wells, which will contribute to adding over 5,000 barrels.
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Pre-drilling estimates in Gulf of Suez indicate 8 mln barrels of crude oil reserves
The petroleum ministry anticipates that production volumes may exceed this estimate.
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Saipem drillship arrives in Egypt to work on Eni’s giant gas field
The Italian firm classifies the field as a supergiant, containing 480 million barrels of oil equivalent (mmboe).
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Egypt amongst top 10 African countries with largest proven crude oil reserves
Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform.
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Egyptian expertise at the heart of Apacheʼs sustainable growth strategy
Apache has been a committed partner to Egypt and Egyptians for more than 30 years.
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Egypt Advances El-Dabaa Nuclear Power Plant with Parliamentary Approval
The agreement secures a government export loan from Moscow to support the construction of Egypt’s first nuclear power plant, the El-Dabaa facility.
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Egypt-Cyprus Talks Advance Plans for Cronos and Aphrodite Gas Fields
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy George Papanastasiou.
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New BP Wells Boost Gas Production in Egypt’s West Mediterranean Offshore
By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
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Egypt saves $900 mln in 10 months through energy efficiency
By 2029, the country aims to add 12.4 gigawatts of wind energy, 8.1 gigawatts of solar energy, and 2.4 gigawatts of nuclear energy.
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Drilling rig for Zohr field to arrive in Egypt by end-January
Claudio Descalzi, CEO of the Italian energy company Eni, announced that the drilling rig for the Zohr gas field is expected to arrive in Egypt.