Oil and gas prices surge as Iran re-closes Strait of Hormuz
Oil and European natural gas prices surged after Tehran re-closed the Strait…
Egypt’s WADICO reports 2025 net profit exceeding EGP 1bn, signs MoU with China’s Xingfa
Egypt’s New Valley Company for Mineral Resources and Oil Shale (WADICO) posted…
Egypt deepens energy partnership with Huawei to enhance grid efficiency
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has held talks…
Egypt postpones 20 road projects to rationalise petroleum consumption and reduce import bill
Egypt will postpone the construction of 20 road projects and slow down…
Petroleum Minister urges Egyptian Drilling Company to expand global partnerships
Minister of Petroleum and Mineral Resources Karim Badawi has underscored the pivotal…
Electricity Minister explores digital grid optimisation with Nexus Analytica
Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation…
EU drafts plan to accelerate green transition in response to Iran war energy shock
European Union governments are planning to accelerate the bloc's transition to clean…
Egypt’s EPROM reports record EGP 1.586bn profit in 2025 amid international expansion
The Egyptian Projects Operation and Maintenance (EPROM) recorded the highest net profit…
Egypt to clear foreign partner arrears by end-June, targets fracking: Badawi
Egypt will completely pay off all outstanding arrears owed to foreign oil…
EBRD extends $65m loan to HAU Energy for solar, storage project in Egypt
The European Bank for Reconstruction and Development (EBRD) is reinforcing Egypt’s green…