Egypt has allocated almost EGP 37 billion for investments by the Egyptian Electricity Transmission Company (EETC) in FY2026/2027, which began on 1 July 2026, to upgrade and expand the national electricity transmission network and increase its capacity to accommodate new power generation, including renewable-energy projects, the Ministry of Electricity and Renewable Energy said on Tuesday.
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Egyptian Prime Minister Mostafa Madbouly met with high-level officials from the Emirate of Fujairah on Monday evening to oversee executive steps for a major joint energy venture, following the formal completion of incorporation procedures for Fujairah Alamein for Oil and Gas S.A.E., according to a cabinet statement.
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The Iran war has doubled the cost of an imported liquefied natural gas (LNG) cargo for Egypt to around $80 million, from about $40 million before the conflict, Petroleum and Mineral Resources Minister Karim Badawi said Monday, highlighting the growing pressure regional turmoil is putting on the country’s energy import bill.
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Egypt's Petrojet has won a $22.7 million contract to design and build a natural gas pipeline connecting Jordan's Al-Muwaqqar Development Industrial Zone south of Amman to the country's gas network, Egypt's Ministry of Petroleum and Mineral Resources said Thursday.
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President Abdel-Fattah El-Sisi met Eni CEO Claudio Descalzi in New Alamein on Tuesday to review the Italian company’s plans to expand oil and gas exploration and production in Egypt.
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President Abdel-Fattah El-Sisi held separate meetings on Tuesday in El Alamein with Prime Minister Mostafa Madbouly, Minister of Petroleum and Mineral Resources Karim Badawi, and the CEO of Italian energy company Eni, Claudio Descalzi, to review the status of crude oil and natural gas production in various exploration areas across Egypt's governorates.
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Shell’s Egypt unit, BG Delta Limited, has taken a final investment decision (FID) to develop Phase 12a of the West Delta Deep Marine (WDDM) concession with three other partners, Shell announced on Tuesday.
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Egypt has approved the establishment of a special free zone in New Alamein for a joint Egyptian-Emirati company to store and trade crude oil and petroleum products, according to a decision published in the official gazette.
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Egypt plans to expand the El-Dabaa Nuclear Power Plant by adding two more reactors, Electricity and Renewable Energy Minister Mahoumd Esmat said.
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Egypt's national electricity grid handled a record peak load of 40,200 megawatts on Wednesday as a heatwave drove up demand for power across the country, the Ministry of Electricity and Renewable Energy stated on Wednesday.
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The Egyptian Natural Gas Holding Company (EGAS) is planning to drill 36 exploratory wells with a total investment of $177 million as part of the petroleum sector’s five-year plan to raise domestic production, the Ministry of Petroleum and Mineral Resources stated on Wednesday.
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Egypt has launched an international bid for oil and gas exploration in 14 new concessions to attract investment and increase domestic production, Minister of Petroleum and Mineral Resources Karim Badawi announced on Wednesday.
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European consumers can expect natural gas from an undersea deposit off Cyprus to help meet their energy needs as early as March 2028, the island nation's energy minister said.
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Egypt's cabinet has approved a draft presidential decree for two grants from the African Development Bank (AfDB) to support the preparation of the country's renewable-energy-powered desalination project under the water pillar of the NWFE (Nexus of Water, Food and Energy) national platform.
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Oil prices tumbled on Monday in early Asia trade after US President Donald Trump announced fresh talks with Iran to end the Middle East war and reopen the Strait of Hormuz.
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Egypt’s Ministry of Petroleum said a fire broke out on a regasification vessel and a storage vessel at the country’s Mediterranean Damietta Port on Wednesday, adding that no injuries or fatalities were reported.
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Egyptian Petroleum Minister Karim Badawi and Apache Corporation CEO John J. Christmann IV discussed plans to expand oil and gas exploration and production in Egypt's Western Desert during talks on Tuesday, reaffirming their commitment to boosting investment and accelerating output growth.
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Italian energy giant Eni has inked a Final Investment Decision (FID) agreement with TotalEnergies to develop the Cyprus' Cronos gas field and connect it to Egyptian infrastructure for re-export, according to company statements on Tuesday.
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Global energy giant British Petroleum (BP) has completed sidetrack drilling to restart production at its Fayoum North-4 well in the Mediterranean Sea, with the well expected to add an estimated 80 million cubic feet of natural gas per day to Egypt's national grid, according to a Ministry of Petroleum and Mineral Resources statement on Sunday.
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Kuwait's state-owned petroleum firm has signed a $16 billion pipeline infrastructure deal with international private equity giants Blackstone, KKR and Brookfield, it announced Saturday.
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