Latest Energy News
Egypt advances €2.05bn Beni Suef power plant supplying 15% of national electricity capacity
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat conducted a field…
Valaris DS-12 arrives in Egypt to launch four-well Mediterranean gas drilling campaign
Egypt has entered a new phase of offshore gas exploration with the…
Oil slides toward $88, LNG exports hit six-month low as Trump cites productive Iran talks
Oil prices fell toward $88 per barrel and global liquefied natural gas…
Saudi Arabia Activates Strategic Pipeline to Bypass Hormuz Disruption Amid Escalating Crisis
As tensions escalate across the Middle East and the Strait of Hormuz…
Egypt to Settle $1.3bn in Oil Arrears by June to Boost Energy Investment
Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday that it…
Oil and Gas Prices Surge After Attack on Qatar LNG Facility
Global energy markets were jolted on Wednesday after Iran carried out an…
Oil prices defy record IEA stockpile release as Iran maintains Hormuz closure
Global oil markets sent a clear signal this week that a massive…
Egypt’s petroleum minister reviews nationwide airborne minerals survey
Egypt’s Petroleum and Mineral Resources Minister Karim Badawi held a meeting with…
IEA to release record 400 million barrels of oil to counter Middle East war impact
The International Energy Agency (IEA) has agreed to release 400 million barrels…
Egypt aims to boost oil, gas output with horizontal drilling, fracking
Egypt is seeking to increase oil and natural gas production by expanding…