Oil & Gas News
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Israel to resume operations at the Leviathan gas field
This field is a key source of gas supplies to both Egypt and Jordan. It had been shut down as a precautionary measure during the war with Iran.
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EGYPES 2026 turned 3 days into long-term energy deals
With over 50,000 attendees, 350+ speakers, and 500+ exhibiting companies, it was a signal of where Egypt is positioning itself in global energy.
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Egypt’s energy pivot: 8 moves investors should be watching
For investors, the signal is clear: Egypt is actively repositioning itself as both an energy producer and a regional hub.
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Dubai-owned Dragon Oil considering 3 investment opportunities in Egypt
He added that the company is committed to investing $500 million in Egypt by 2025 for its operating and capital budget.
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Egypt Denies Fuel Price Increase Rumors, Warns of Legal Action
The ministry confirmed that no decisions have been made to adjust petroleum product prices in the immediate term.
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ME escalation could cost region up to $194 bln, wipe out 2025 gains
A continued military escalation in the Middle East could reduce the region’s economic output by 3.7 to six percent.
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Egypt moves to link fertilizer feedstock costs to international gas prices
For producers of nitrogen-based fertilizers like urea and ammonia in Egypt, natural gas accounts for roughly 70% of production costs.
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Italy’s Eni plans to invest $2bn in Egypt’s energy sector in 2026
Italian energy firm Eni plans to invest $2 billion in Egypt’s energy sector during 2026, the firm’s chief operating officer has revealed.
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The Egypt Energy Show (EGYPES) Launches in Cairo, Uniting Regional Leaders to Address Pressing Energy Security Prioritie
Over three days, the event will welcome more than 50,000 participants, 300 speakers, 2,200 delegates and 500 exhibitors.
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Egypt Turns to Libyan Oil Amid Gulf Supply Disruptions
Egypt is seeking to import at least one million barrels of oil per month from Libya.
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Egypt's Sisi says only Trump can stop war, warns oil could top $200
The war will trigger twin shocks of supply shortages and price rises, the full extent of which have yet to be felt, Sisi told the conference.
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Egypt to slow energy-intensive mega-projects, expand work-from-home as oil import bill surges
Egypt will slow work on energy-intensive mega-projects for two months, introduce mandatory work-from-home on Sundays at government workplaces.
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Apache Makes New Natural Gas Discovery in Egypt
Preliminary test results from the well show daily production rates of approximately 26 million cubic feet (mmcf) of natural gas and 2,700 barrels.
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Arcius Energy to Drill Two Offshore Gas Wells in Egypt
The initiative is aimed at strengthening exploration and upstream activities in Egypt.
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Egypt Receives Valaris DS-12 Drilling Ship to Launch New Mediterranean Gas Wells
The ministry said the vessel’s deployment is part of a broader program to drill four new gas wells in cooperation with BP and Arcius Energy.
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Egypt Pays Its Share of the War’s Cost
In this context, Egypt has seen successive increases in gasoline and diesel prices, amounting to three Egyptian pounds per liter.
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Expert warns of $200 oil in ‘greatest energy crisis in history’
Salameh explained that a six-month blockade could drive prices to between $150 and $200 per barrel.
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Egypt says it will pay $1.3 billion in arrears to oil companies by June
Egypt had accumulated about $6.1 billion in arrears to foreign oil companies by June 30, 2024 due to a prolonged foreign currency shortage.
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Egypt finalising debt financing for $193mln bio-ethanol project
In October 2025, EBIOL had secured a $135 million long-term financing package from a consortium of banks including National Bank of Egypt (NBE).
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Encouraging signs from Sirius-1X exploration well offshore Egypt
The well, operated by Shell, has reached its target depth of 2,115 meters and represents the company’s first exploratory well drilled in Egypt in 2026