Prime Minister | Egypt Oil & Gas

Madbouly Reviews Financing Mechanisms for Renewable Energy Projects

Prime Minister Mostafa Madbouly, held a meeting to follow up on securing financing for new and renewable energy projects, ensuring alignment with their implementation timelines, according to a statement issued by the ...

Egypt to Fully Settle Foreign Partners’ Arrears by June 10

Egypt expects to fully settle its outstanding dues to foreign oil and gas partners by June 10, 2026, thereby accelerating the initial June 30 deadline, according to Karim Badawi, Minister of Petroleum and Mineral Reso...

Egypt Prioritizes Localization of Phosphate Industries Over Raw Exports

The Egyptian government is accelerating a strategic shift toward localizing phosphate-based industries, pivoting away from exporting raw materials in favor of manufacturing high-value fertilizers and chemical products...

Badawi Updates PM on Gas Projects, Sector Developments

The Ministry of Petroleum and Mineral Resources (MoPMR) has completed 90% of the planned works to connect natural gas to households under the presidential Decent Life initiative. During a meeting with Prime Minister M...

El-Sisi Calls for Enhanced Energy Security in Meeting with Petroleum and Electricity Ministers

In a meeting with Prime Minister Mostafa Madbouly alongside several other government officials, President Abdel Fattah El-Sisi stressed the need to accelerate the completion of additional electricity supply systems fo...

Eni to Invest $8 Bn in Egypt’s Oil, Gas Sector Over Five Years

Eni plans to inject a total of $8 billion into the Egyptian market over the next five years, in cooperation with its partners, according to Guido Brusco, Eni Chief Operating Officer Global Natural Resources. The inves...

Madbouly: October Fuel Price Hike Might Be the Last

Prime Minister Mostafa Madbouly said the upcoming increase in fuel prices, expected in October, may be the last major hike if current global price levels hold. He emphasized that even after this adjustment, the diesel...

Badawi Talks Boosting Exploration in Meeting with PM

In a meeting with Mostafa Madbouly, Egypt’s Prime Minster, Karim Badawi, Minister of Petroleum and Mineral Resource, reviewed the expansion plans for various exploration and discovery activities, as well as the effort...

PM Reviews Efforts with Ministers to Secure Egypt’s Energy

Prime Minister Mostafa Madbouly held a meeting with Karim Badawi, Minister of Petroleum and Mineral Resources; and Mahmoud Esmat, Minister of Electricity and Renewable Energy, to discuss several issues, including the ...

Madbouly Inspects Sukari Gold Mine, Reveals Plans to Develop the Mining Sector

PrPrime Minister, Mostafa Madbouly conducted a site visit to Sukari Gold Mine (SGM) in Marsa Alam, where he met with executives from AngloGold Ashanti,co-owner of SGM, alongside Minister of Petroleum and Mineral Resou...

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