News / Egypt

Egyptian Gas Association and France Gaz Join Forces to Advance Green Gas Technologies, Carbon Neutrality

The Egyptian Gas Association (EGA) and France Gaz have announced the signing of a landmark Memorandum of Understanding (MoU) to advance their cooperation in the fields of gas and energy transition. The MoU, signed on the sidelines of France Gaz's celebrations of the 150th anniversary of its founding, marks a significant milestone as Egypt is the only country invited to formalize such an agreement during this event.

Shell Egypt Names New Managing Director for JV Rashpetco

Shell Egypt has announced that Khaled Gad has been selected as the new General Manager and Managing Director of the Joint venture Rashpetco effective 1st June 2024.

Egypt, Azerbaijan Sign Protocol of Intent for Bilateral Cooperation

President Abdel Fattah El Sisi has witnessed the signing of a protocol of intent for cooperation between Egypt's Ministry of Petroleum and Mineral Resources (MoPMR), and Azerbaijan's Ministry of Economy.

Empowering Women in Energy: United Energy Egypt Unveils “Women in Influence” WII Network

United Energy Egypt has announced the successful launch of the "Women in Influence" (WII) event on Wednesday, May 29th, at its premises in collaboration with Carerha.

Egypt Gas, ACUD Sign Natural Gas Protocol

Chairman of the Board of Directors and Managing Director of the Administrative Capital for Urban Development Company (ACUD) Khaled Abbas has signed a cooperation protocol with Egypt Gas to help connect all residential units located in the first phase of the New Administrative Capital to the natural gas grid.

Egypt Restores Normal Power Load Reduction After Grid Maintenance

The Ministry of Petroleum and Mineral Resources and the Ministry of Electricity and Renewable Energy have announced the completion of procedures to reduce electrical loads for an additional hour, which was limited to June 4th only, as was scheduled. This load reduction came in light of preventive maintenance work for part of the national gas grid with electricity consumption rates increase, which is caused by rising temperatures.

BMI Expects Recovery in Egypt’s Natural Gas Production

BMI, the research company affiliated with Fitch Solutions, expects a limited recovery in Egypt's natural gas production by 2% to 60.51 billion cubic meters (bcm) in 2024 from 59.3 bcm in 2023, Al Arabiya citing a report from BMI.

APPO, Afreximbank Establish African Energy Bank

Minister of Petroleum and Mineral Resources Tarek El Molla has witnessed the signing of the agreement to establish the African Energy Bank (AEB) between the African Petroleum Producers' Organization (APPO) and the African Export-Import Bank (Afreximbank).

EMRA, Aton Resources Establish Abu Marawat Gold Mines Company

Minister of Petroleum and Mineral Resources Tarek El Molla has attended the founding assembly of the Abu Marawat Gold Mines Company as a joint venture (JV) between the Egyptian Mineral Resources Authority (EMRA) and the Canadian company Aton Resources.

House of Representatives Approves 4 Petroleum Draft Laws

During its plenary session on June 2nd, held under the chairmanship of Counselor Ahmed Saad, First Deputy Speaker of the Egyptian. House of Representatives, the House of Representatives approved a number of draft laws authorizing the Minister of Petroleum and Mineral Resources to search for oil in a number of places.

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