Oil & Gas 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

The meeting also discussed ways to support Egyptian-African integration efforts in the oil, gas, and energy sectors.
12.05.2026 | News by Egypt Today

The UK-based company posted Q1 2026 revenues of $3.0 billion, up from $2.8 billion a year earlier.
11.05.2026 | News by Egypt Oil and Gas

Italy’s Eni and the UK’s BP have made a new natural gas discovery in the Nile Delta region.
11.05.2026 | News by ocean energy resources

The project is backed by Qatari Al Mana Holding and Saudi Vision Invest, with Qatar announcing a $200 million investment late last year.
10.05.2026 | News by esg news

The newly signed crude oil memorandum with Algeria — alongside a $1.1 billion oil field development contract involving Egyptian companies.
08.05.2026 | News by Egypt Business Directory

Egypt and Lebanon signed an agreement to rehabilitate Lebanon's gas infrastructure and revive a regional pipeline project.
07.05.2026 | News by new arab

The project — named SAFFly Egypt — is backed by Qatar’s Al Mana Holding and Saudi Vision Invest.
06.05.2026 | News by Enterprise

The MoU was concluded between the Egyptian General Petroleum Corporation (EGPC) and Algeria’s state-owned energy company Sonatrach.
06.05.2026 | News by Egypt Today

The move affects industrial users but excludes households, whose supply contracts are already governed by existing pricing formulas, the decree said.
05.05.2026 | News by fsxbusiness

The session was convened to approve the updated budget of the company for FY 2025/26 and discuss the plan for FY 2026/27.
04.05.2026 | News by Egypt Oil and Gas

Operated by Italy’s Eni in partnership with BP and Petrobel, the well is expected to contribute approximately 50 million cubic feet of gas per day.
03.05.2026 | News by Egypt Independent

Dana Gas PJSC has fully settled its overdue receivables in Egypt, while reporting a return to production growth in its Nile Delta operations.
03.05.2026 | News by world oil