Egypt to drill 480 new exploration wells worth $5.7bn over five years: Petroleum Minister
Petroleum and Mineral Resources Minister Karim Badawy has unveiled Egypt’s new five-year plan for oil and gas exploration, which envisions drilling around 480 new exploration wells with total investments exceeding $5.7bn. According to the plan, 101 wells will be drilled
Madbouly urges completion of Egypt-Saudi power link’s second phase by April 2026
Egyptian Prime Minister Mostafa Madbouly on Tuesday urged that the second phase of the Egypt-Saudi Arabia electricity interconnection project be completed so that both phases are ready for operation by April 2026. His comments came during a field visit to
BP signs agreement to drill five new gas wells in Mediterranean within its Egypt concessions
Minister of Petroleum and Mineral Resources Karim Badawy witnessed the signing of a new drilling contract marking the launch of BP’s upcoming offshore gas exploration programme in Egypt. The agreement covers the drilling of five natural gas wells in BP’s
Al-Sisi holds talks with US, Chinese energy giants on Egypt expansion plans
Egyptian President Abdel Fattah Al-Sisi held separate meetings on Sunday with senior executives from US energy giants ExxonMobil and Apache Corporation, as well as China’s state-owned chemical engineering firm CNCEC, to discuss boosting investment and exploration in the country’s energy
Egypt targets over 42% renewable energy by 2030 in strategy update
Egypt aims to increase the share of renewable energy in its energy mix to over 42% by 2030, with a further goal of reaching 60% by 2040, according to recent updates to the country’s energy strategy, Electricity Minister Mahmoud Essmat
Power To The People: Plug-In Solar Now Legal In Utah Homes
Utah has taken a significant step in expanding residential solar energy options with the passage of House Bill 340 (H.B. 340), known as the Solar Power Amendments. Signed into law on March 25, 2025, by Governor Spencer Cox, this legislation
AM Batteries and TDK partner to optimize dry battery electrode manufacturing
AM Batteries, which is developing dry battery electrode technology, has entered a joint development agreement with Japanese electronics manufacturer TDK to develop energy-efficient battery manufacturing. The partnership aims to
Dollar’s rise within normal range under flexible exchange rate system: Madbouly
Prime Minister Mostafa Madbouly affirmed on Wednesday that the recent uptick in the US dollar’s value against the Egyptian pound is a normal development within currency markets and poses no cause for concern. He emphasized that Egypt adheres to a
World surges past 40% clean power in record renewables boom
Renewables and nuclear provided 40.9% of the world’s power generation in 2024, passing the 40% mark for the first time since the 1940s, according to a new global energy think tank Ember report.
more…UK EV charging provider Paua adds Milence’s high-power electric truck charging sites to its network
Paua, a UK-based EV charging network for fleets, has partnered with charging solution provider Milence. Paua will integrate Milence’s high-power charging sites for electric trucks into its network, allowing