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…
Madbouly, Rosatom chief review progress on El Dabaa nuclear project
Egyptian Prime Minister Mostafa Madbouly met with Alexey Likhachev, Director General of…
Petrogulf boosts Gulf of Suez output by 10,000 barrels per day
Petrogulf, a subsidiary of the South Valley Egyptian Petroleum Holding Company, has…
Global oil supply, economic growth face severe hit from planned Strait of Hormuz blockade
Global energy markets are bracing for a severe supply shock that threatens…
Egypt to add 2,500 MW of renewable energy in 2026
Egypt plans to add 2,500 megawatts of renewable energy capacity to its…
BP announces new offshore gas discovery in Egypt’s Eastern Mediterranean
BP has announced a new gas discovery in the Eastern Mediterranean, offshore…
Petroleum Ministry targets zero arrears to foreign partners by end-June
Minister of Petroleum and Mineral Resources Karim Badawi said the state has…