Energy News
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Egypt clears $6.1bn energy arrears: What it means for investment
The government has now reduced arrears owed to international oil and gas partners to zero, after the debt had reached around $6.1 billion in 2024.
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Egypt clears arrears to oil and gas companies
Badawi said clearing the debt removed a key obstacle to new investment inflows and would support increased exploration, drilling.
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Egypt to support rehabilitation of Syria's oil and gas sector
Egypt & Syria will establish a technical framework to oversee previously agreed energy projects and support the rehabilitation of Syria's oil and gas.
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PM orders faster rollout of solar energy initiative
The PM encouraged the installation of solar panels in factories and homes with the aim of launching it as soon as possible.
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Organizing Artisanal Mining Holds the Key to Ending Illegal Gold Exploration in Egypt.
Authorities announced the dismantling of criminal groups involved in unauthorized gold extraction and following violent clashes.
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Egypt in record production in Sinai offshore fields
Sinai offshore oil fields have reached their highest daily production level since 2017, according to the Egyptian Ministry of Petroleum.
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Offshore Sinai oil production hits highest level since 2017
The production increase has generated a surplus of more than 10 barrels per day compared to previous levels and an additional cumulative production.
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Israel gas cuts force Egypt into emergency summer fuel imports
EGAS has reached an agreement with international suppliers to accelerate the arrival of 60% of the contracted volumes to this week.
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Alcazar Energy secures $420m deal to manage Egypt’s Gabal El Zeit wind farm
The agreements grant Alcazar the rights to invest in, operate, and manage the Red Sea facility through a newly established project company.
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Oil Ministry pushes for September FID on 3.7 tcf Aphrodite gas field
The government is pushing for a September final investment decision on the Aphrodite gas field ahead of a 15-year import contract.
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Why Egypt’s gold prices just plunged 4.8% and what it means for your savings
The report noted that 21-karat gold—the most heavily traded caliber in the Egyptian market—dropped by 4.8% over the past week.
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Egypt, UAE’s Al Nowais Ink 1,500 MWh Battery Storage Deal
Minister of Electricity and Renewable Energy, witnessed the signing of two agreements to establish separate Battery Energy Storage Systems(BESS).
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Young investors fuel Egypt’s digital gold boom: iSagha
Individuals under the age of 40 account for more than 80% of investors in Egypt’s gold funds.
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Who pays Egypt’s new gas tax?
It is a fiscal and compliance move that mainly affects companies involved in buying, selling, supplying, or accounting for natural gas.
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Egypt Cabinet Imposes VAT on Natural Gas, No Impact on Households
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.
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Egypt qualified to become energy hub linking Caspian region and Europe
Egypt is also planning to strengthen cooperation with Azerbaijan and Turkey and expand its mining and energy sectors.
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Sungrow commissions 1.4 MWp solar plant for Egypt’s desert oil facility
A 1.4 MWp solar plant at Egypt’s Esh El Mallaha oil facility will support desert operations with onsite PV power and Sungrow SG150CX inverters.
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Egypt, Turkey discuss expanding cooperation in energy, mining
This is following the decision by Turkish company OZ Mining to study gold exploration opportunities in Egypt’s Eastern Desert.
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Why our gas sector is leaning heavily on LNG imports
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.
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Israel reduces gas supplies to Egypt over Tamar, Leviathan ‘maintenance’
The government is preparing to add 1,800 megawatts of solar power to the national electricity grid in June 2026 to cut gas consumption.