Energy News
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Global investors rush to enter Egypt’s mining sector
Recent developments highlight Egypt's strategic efforts to enhance cooperation with global partners and expand its mineral resource abilities.
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AngloGold to acquire Centamin for $2.5 billion
AngloGold Ashanti will acquire Centamin, a leading global gold mining company, in a deal worth of $2.5 billion, the board of AngloGold announced.
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Egyptian Petroleum Min., Australian Amb. talk boosting cooperation in mining field
Both sides also tackled means to boost joint cooperation in the domains of petroleum and gas.
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Egypt Eager for New Investment Opportunities in Oil, Gas Sectors
Badawi welcomed the expansion of Emirati investments in Egypt’s petroleum and mining sectors.
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Egypt Seeks 20 LNG Cargoes for Winter
Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage.
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Italy's Eni to deploy 3 drilling rigs for Egyptian Agiba petroleum
Italian energy giant Eni has confirmed it will begin operating three drilling rigs in Egypt starting next week to rump up oil production.
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Egypt, China ink contract to produce Bromine Ore at SCZone
Egyptian Prime Minister Moustafa Madbouly witnessed the signing of a $110 million investment contract on the sidelines of the Forum on China–Africa.
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Gov't seeks to establish Egypt as regional hub for gas, energy in Eastern Mediterranean region
This is part of the Egyptian government's strategy to maximize the benefit from the country's natural resources.
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Egypt's gas production: A race against demands
Egypt is on a strategic mission to ramp up its natural gas production, driven by partnerships with global energy giants BP and Eni.
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Hydrogen-powered skyscraper set for Egypt’s new capital
The Forbes International Tower, a 240 meter (787 feet) tall office building due to be constructed close to the Iconic Tower.
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12 projects get FRA approval to join carbon emissions reduction database
The FRA’s approval supports the broader goal of bolstering Egypt’s first regulated market for voluntary carbon emission reduction certificates.
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BP to boost Egypt's gas production by 200M cubic feet per day
This move, confirmed by a government source speaking to Asharq Bloomberg, follows BP's hefty investment of over $400 million in drilling two wells.
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Sweilam reviews measures during maximum water needs
The Ministry acted to solve water distribution and management problems in a number of sites on the network of canals across Egypt during the summer.
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Italy's Eni to deploy 3 drilling rigs for Egyptian Agiba petroleum
Italian energy giant Eni has confirmed it will begin operating three drilling rigs in Egypt starting next week.
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Indian black carbon company plans to build $60M plant in Egypt
As part of this initiative, a delegation from the carbon black company will visit Egypt to assess potential factory locations.
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Egypt counts on foreign funds to buy gas as power crisis worsens
Egypt needs some $2 billion worth of gas to cover summer demand through October, according to one of the two sources.
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UAE to implement 1,000MW solar energy project in Egypt
These stations, with a combined capacity of around 1,000 megawatts, will be set up in Upper Egypt, notably in the Aswan Governorate.
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Egypt, IETOS cooperates to establish LE 12B green industrial complex
Encompassing an expansive 400 thousand square meters, this complex marks a significant stride towards environmentally conscious industrial development
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Egypt to establish 1st green industrial complex in New Alamein
Egypt will invest EGP 12 billion in establishing its first green industrial complex in the industrial zone of New Alamein.
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7 key facts about Egypt's El Dabaa nuclear plant
The plant is set to be a transformative project for the country's energy sector. Here are 7 essential facts about this ambitious endeavor.