Oil & Gas News
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Egypt and Germany strengthen LNG and green hydrogen links
By signing a Joint Declaration of Intent, the two countries underscore their ambitions to combat climate change.
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Without Zohr gas field, Egypt would have plunged into darkness: Al-Sisi
New cities built added EGP 10bn worth of assets to state treasury.
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Adnoc Distribution to acquire 50% stake in TotalEnergies Egypt
The partnership with TotalEnergies, includes a diversified portfolio comprising 240 fuel retail stations, 100+ convenience stores, among others.
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Egypt in talks with UAE over bi-fuel pickup cars manufacturing
Actual production will start in the second half of 2023.
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Cost of imported wheat and oil burdens state’s budget
The prices of imported wheat and oil have hiked, which poses a burden on the state’s finances and budget, Minister of Finance Mohamed Maait said.
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Egypt Energy Sector Market Report 2022
According to the International Renewable Energy Agency (IRENA), renewable energy can help Egypt meet its energy needs and power sustainable growth.
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Will Egypt supply gas to Europe?
The European Union is working on decreasing its reliance for gas imports on Russia, and Egypt can be the solution.
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Beirut to sign contract to import gas from Egypt soon
Lebanon awaits the World Bank's approval to finance the import of Egyptian natural gas that will pass through Jordan and Syria.
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Egypt's petroleum minister, Siemens discuss investments
They also discussed the preparations for hosting the UN climate change summit COP27.
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Egypt's oil show gathers over 450 exhibitors to reshape energy market
This year's visitor turnout is huge as last year, there are also many new new companies, despite the spread of COVID-19 pandemic.
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Global Leaders Convene at EGYPS 2022
The Egypt Petroleum show this year is a major showcase of the latest oil and gas solutions featuring more than 450 exhibitors.
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Netherlands receives first-ever LNG shipment from Egypt
The shipment comes as Europe seeks to fill its needs for gas amid fears of a gas supply crisis.
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Egypt signs oil and petroleum agreements worth $506 million
The agreements are for exploration and production in its eastern desert and western deserts with TransGlobe Energy Corporation and Pharos Energy.
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Egypt inaugurates largest petroleum complex in Upper Egypt
The Assiut Gasoline Production Complex is “one of the state’s strategic projects, within the framework of development plans in Upper Egypt.
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Egypt is key LNG supplier to Turkey in 2021
Egypt is a key supplier of liquefied natural gas (LNG) to the Turkish market, with seven cargoes shipped in the fourth quarter of 2021.
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States of East Mediterranean Gas Forum against climate change
The state members of the East Mediterranean Gas Forum (EMGF) agreed to cooperate to develop initiatives addressing climate change ahead of COP27.
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Egypt’s non-oil commodity exports jump by 40%
Egypt’s non-oil commodity exports rose by 40 percent in the first nine months of 2021 to record USD 29.7 billion, compared to the USD 21.2 bln in 2020
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Egypt, Israel sign MOU to increase gas supplies
Egypt and Israel signed on Thursday a Memorandum of Understanding (MoU) to increase natural gas supplies from Israel to Egypt for re-export.
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Egypt's non-oil exports to EU rise by 38%
The hike was the result of high demand on Egyptian products from 23 European countries, most notably Italy, Spain, Germany, and the Netherlands.
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Eni announces 3 new oil and gas discoveries in Egypt's Western Desert
All of the three wells add a total production of about 6000 barrels of oil equivalent per day.