Oil & Gas News
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Fertilizer companies halted after suspension of Israeli gas
Egyptian fertilizer producers suspended their activities due to reduced imports of Israeli gas, following recent production halts.
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Egypt Activates Emergency Gas Plan Amid Total Halt in Israeli Imports
Following the outbreak of war between Israel and Iran, Egypt suspends industrial gas supply, turns to fuel oil and diesel for power.
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Egypt to establish floating LNG station in Ain Sokhna to support electricity stability
This will contribute to stabilizing supplies during peak consumption periods, as part of its ongoing efforts to secure its energy needs.
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Egypt’s appetite to buy LNG impacts global market
It is already seeking a high number of cargoes this year, as well as planning further imports between now and 2028.
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Egypt receives 2nd floating regasification unit for boosting summer supplies
In June, Prime Minister Mostafa Madbouly said the government would spend $1.18 billion on gas imports to cover summer shortfalls.
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$25B of US investment in Egypt, mostly petroleum sector
He explained that the U.S. presence in the Egyptian market is not new, but rather an extension of decades of successful partnerships.
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Misr Phosphate Net Sales Reach EGP 7.9B in 2024
Abdel Azim noted that the company is carrying out numerous production and marketing operations to achieve its main targets.
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Egypt and Qatar strengthen energy ties amid growing gas deficit
The Egyptian government seeks to secure long-term supplies through Qatari imports and new partnerships to explore strategic fields.
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Russia and Egypt discuss construction of LNG terminals for Cairo
Russian Industry and Trade Minister Anton Alikhanov was cited by state news agencies as saying on Wednesday.
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PM follows up on initiative to convert cars to run on natural gas
This move is part of the state’s efforts to promote the use of clean and renewable energy sources and to meet critical environmental standards.
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Egypt to Boost LNG Import Capacity with New 10-Year Höegh Agreement
The new FSRU will replace the currently operating Höegh Galleon, Egypt’s only active LNG import terminal.
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Egypt in discussions with Qatar to secure long-term natural gas contracts
Egypt is discussing with Qatar the possibility of securing natural gas supplies from the Gulf nation through long-term contracts to meet its needs.
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Egypt offers payouts after faulty fuel confirmed at petrol stations
The Ministry of Petroleum offers up to EGP 2,000 compensation as quality tests uncover five non-compliant gasoline samples across multiple governorate
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Germany, Egypt seal FSRU charter deal
Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.
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Parliament members slams Egyptian government over complaints of adulterated octane
The Ministry of Petroleum confirmed that the gasoline undergoes rigorous periodic inspections and meets standard specifications.
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Egypt’s Petroleum Ministry responds to allegations of tampered octane
The ministry confirmed in a statement that all petroleum products, including octane, are subject to strict oversight and periodic inspections.
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EGAS Signs MoU with ExxonMobil
The MoU will encourage ExxonMobil to develop an integrated development plan if exploratory drilling activates lead to positive results.
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Egypt seeks deeper cooperation with Saudi Arabia in oil sector
Egypt-Saudi Arabia electrical interconnection project is a model for broader Arab electrical integration.
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Egypt launches ambitious 75 drilling program to boost oil output in Ras Gharib
The year-long initiative aims to drill 75 new wells, with the goal of adding around 7,500 barrels of crude oil per day.
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Zohr Gas Field Set for Major Boost as Phase Three Targets 1 Trillion Cubic Feet
Authorities maintain close oversight of Zohr’s development to ensure timely execution.