energy | Egypt Oil & Gas
Mansour Group, China’s Tianneng Eye Egyptian Battery Manufacturing
Egypt’s Mansour Group and Chinese battery manufacturer Tianneng Battery Group have signed a memorandum of understanding (MoU) to explore investment opportunities in battery manufacturing and energy storage solutions i...
Korra Energi Posts Fivefold Jump in H1 2026 Contracts
Korra Energi, a leading Egyptian provider of energy efficiency solutions and contracting services, secured EGP 5.1 billion in new contracts during the first half (H1) of 2026—a massive leap from EGP 1.1 billion in the...
Türkiye, Iraq Eye Broad Energy Pact
Türkiye seeks to conclude a broad energy cooperation agreement with neighboring Iraq following talks with Iraqi Prime Minister Ali al‑Zaidi in the Turkish capital, President Tayyip Erdogan said, according to Reuters. ...
Badawi, Al Jaber Discuss Expanding ADNOC Investments in Egypt
Minister of Petroleum and Mineral Resources, Karim Badawi, met Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology and the CEO of Abu Dhabi National Oil Company (ADNOC) Group, to discuss increasi...
Madbouly Rules Out Immediate Fuel Price Cuts, Signals Possible Q1 FY 2026/27 Reduction
Speaking at the government’s weekly press conference, Prime Minister Mostafa Madbouly said Egypt’s Automatic Fuel Pricing Committee will review fuel prices in the first quarter (Q1) of the 2026/27 fiscal y...
Maridive Returns to Black in Q1 2025 on Higher Revenues, Leaner Cost Base
Maridive & Oil Services reported a profit in the first quarter (Q1) of 2026, supported by higher revenues and lower costs. According to the unaudited standalone financial results approved by the Board of Directors...
Badawi, Esmat Discuss Joint Strategy to Secure Summer Energy Supply
The Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources reviewed their joint summer work plan, which was designed to address an anticipated 8% increase in peak electrical d...
Korra Energi Debuts on EGX
Trading in energy solutions firm Korra Energi began today(June 11) on the Egyptian Stock Exchange(EGX), following an offering earlier this month of an 11% stake split between a private placement for institutions (60%...
