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Eni and Algeria’s Sonatrach have signed a new Memorandum of Intent (MoI) to expand cooperation on decarbonization initiatives and...

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Karim Badawi, Minister of Petroleum and Mineral Resources, met with Ahmed El-Sewedy, President and CEO of El-Sewedy Electric, to...

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Egypt has taken the first steps toward implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy...

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Backed by new investments from Canada’s Mediterra Energy, Egypt has resumed drilling operations at the Baraka oil field, at...

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Prime Minister Mostafa Madbouly reviewed Egypt’s plans to secure energy supplies for August during a meeting with Karim Badawi,...

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ExxonMobil reported its strongest quarterly profit in four years during the second quarter (Q2) of 2026, driven by stronger...

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Europe’s latest heatwave is doing more than straining electricity grids; it is reshaping the fundamentals of gas markets and...

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A drone strike caused a fire aboard two vessels at Damietta Port on July 29, 2026, according to preliminary...

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Egypt’s Red Sea offshore province is moving from a long-neglected frontier into a strategic exploration target. Long overshadowed by...

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The rate of change in prices of the household electricity, natural gas, and other fuels index registered a marginal...

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