energy security | Egypt Oil & Gas
US Warns of Possible Exit from IEA Over Climate Policy Disputes
The US could withdraw from the International Energy Agency (IEA) if the organization fails to align with Washington’s priorities on climate policy, US Energy Secretary Chris Wright said on September 23. Speaking at a ...
Scatec Starts Full Operations at Egypt’s 1.1‑GW Obelisk Solar Project
Scatec, a leading Norwegian renewable energy solutions provider, has reached the Commercial Operations Date (COD) for the second and final phase of its 1.1-gigawatt (GW) Obelisk solar and battery storage project in Na...
Heatwave Drives Egypt’s Power Demand to Record high of 40,000MW
Egypt’s electricity load hit a record 40,000 megawatts (MW) on August 11, up 700 MW from the previous day’s 39,300 MW, as the grid continues to absorb unprecedented summer demand driven by extreme heat, according to t...
bp Uses Sidetrack Drilling to Accelerate Fayoum North 4 Output
As part of the Ministry of Petroleum and Mineral Resources’ (MoPMR) strategy to increase domestic natural gas production, maximize existing infrastructure, and reduce reliance on imports, it is working with bp to brin...
Badawi : Egypt’s Oil Output Hits Two-Year High
Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), said Egypt’s crude oil production has hit its highest level in nearly two years. He credited settling outstanding payments to investment partners in J...
Egypt Expands Strategic Fuel Reserves to Counter Regional Tensions
Prime Minister Mostafa Madbouly announced that Egypt is proactively strengthening its energy security by increasing strategic reserves of petroleum products and other essential commodities, according to a statement re...
IEA warns Mideast Conflict Puts Oil, Gas Routes at Risk
The International Energy Agency (IEA) is warning that escalating Middle East tensions are increasing uncertainty in global oil and gas markets. Hostilities threaten the Strait of Hormuz and regional energy infrastruct...
ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project
Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the offshore Umm Shaif Gas Cap project in Abu Dhabi, reinforcing the country’s energy security and its...
