Oil & Gas News

It is subject to a table tax of EGP 20 per 1,000 cubic feet. This comes as part of a wider plan to increase state revenues and widen the tax base.
04.06.2026 | News by Egypt Oil and Gas

Egypt is also planning to strengthen cooperation with Azerbaijan and Turkey and expand its mining and energy sectors.
03.06.2026 | News by Ahram Online

Natural gas imports jumped 36% y-o-y in 1Q 2026 as the country pivots to LNG to cover domestic demand and preserve its export hub ambitions.
02.06.2026 | News by Enterprise

The government is preparing to add 1,800 megawatts of solar power to the national electricity grid in June 2026 to cut gas consumption.
02.06.2026 | News by manassa

While the headlines surrounding the discoveries are optimistic, the bigger picture is far more complex.
29.05.2026 | News by Egypt Business Directory

Egypt’s recent Eni-linked gas finds have lifted hopes of an upstream revival, but analysts say import pressure is unlikely to ease soon.
28.05.2026 | News by euronews

Chevron spudded a new development well at the Nargis natural gas field in the Mediterranean Sea offshore Egypt using Stena Drilling’s ship.
27.05.2026 | News by drilling contractor

Egyptian oil and gas E&P company Agiba Petroleum has made its largest oil and gas discovery in Egypt in 15 years.
26.05.2026 | News by the energy year

Egypt is expecting to pay all dues owed to foreign oil and gas partners, reaching “zero outstanding payments,” by 10 June, Prime Minister said.
26.05.2026 | News by Ahram Online

Load on the national electricity network has climbed to approximately 34,000 megawatts per day, a 9% increase on the same period last year.
26.05.2026 | News by manassa

The contract will triple the Birba Gathering Station’s capacity and help eliminate routine gas flaring by 2030.
25.05.2026 | News by Enterprise

Total reserves of latest find estimated at 70 million barrels of oil equivalent as Iran war drives global energy prices higher.
24.05.2026 | News by The National News

Egypt remains heavily reliant on natural gas, which provides nearly 84% of its electricity generation, compared to just 13% from renewable sources.
24.05.2026 | News by Egypt Oil and Gas

The agreement is a step toward ⁠advancing ​energy cooperation across the Eastern ​Mediterranean, said QatarEnergy CEO Saad al-Kaabi.
24.05.2026 | News by Reuters

This step carries strategic importance for strengthening Nicosia’s geostrategic and energy position in the region.
21.05.2026 | News by Egypt Oil and Gas

He said the move is intended to reassure citizens and markets amid global economic uncertainty and fluctuations in international energy prices.
21.05.2026 | News by Daily News Egypt

Egypt will not raise energy prices for the remainder of the year, the deputy prime minister for economic affairs said on Tuesday.
20.05.2026 | News by Ahram Online

The mid-April temporary waiver from the US Treasury cleared the delivery of Russian crude loaded on vessels until mid-May to stabilize global markets.
17.05.2026 | News by Enterprise

The pipeline connects the Red Sea port of Ain Sokhna to the Mediterranean terminal at Sidi Kerir. It spans 320 kilometres across Egyptian territory.
17.05.2026 | News by mexc

The MoU establishes a framework for technical cooperation, including preliminary exploration and subsurface evaluation activities.
14.05.2026 | News by Total Energies