Prime Minister Mostafa Madbouly said during Egypt 2026 Forum that rising oil prices, to $110 per barrel, leave the government with three options: passing the higher costs on to citizens, absorbing them through the st...
Prime Minister Mostafa Madbouly reviewed measures to strengthen Egypt’s energy security and financial stability during a meeting with Karim Badawi, Minister of Petroleum and Mineral Resources, and Ahmed Kouchouk, Mini...
Egypt is targeting an additional 250 million cubic feet per day (mmcf/d) of natural gas from the Zohr and West Mina fields in the Mediterranean before the end of 2026, alongside 80 mmcf/d from the Meleiha fields in th...
Egypt’s Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a Ministry of Petroleum and Mineral Resources request to continue production from petroleum development areas where contracts have expired or are n...
Egyptian Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources, to review efforts to secure domestic energy supplies, increase oil and gas production, and accelerate explor...
President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Karim Badawi, Minister of Petroleum and Mineral Resources, to review Egypt’s 5-year plan for crude oil and natural gas production. The meetin...
“Egypt enjoys a promising potential in liquefied natural gas (LNG) complexes, supported by a well‑developed national gas transmission network and a strategic geographic location that links its production areas w...
TAQA Arabia signed an agreement with the military-affiliated National Service Projects Organization (NSPO) to acquire a stake in 172 fuel stations operated under the “Wataniya” brand, according to a cabinet statement....
Egypt has secured investment commitments exceeding $19 billion from international oil companies (IOC)s over the next three years, Prime Minister Mostafa Madbouly said during the cabinet’s weekly meeting. He bro...
Prime Minister Moustafa Madbouly announced on Saturday, March 28, that Egypt is adopting a set of measures to rationalize energy consumption in response to soaring global prices triggered by the war in the Middle East...