Egypt produces 1.1 million tonnes of methanol annually to meet demand, boost exports
Egypt produces around 1.1 million tonnes of methanol annually, meeting domestic industrial demand while exporting surplus volumes to global markets, Minister of Petroleum and Mineral Resources Karim Badawi said. Speaking at the general assembly meeting of Methanex Egypt to approve
Oil and gas prices surge as Iran re-closes Strait of Hormuz
Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy’s seizure of an Iranian ship, halting all shipping traffic through the vital energy corridor. The turbulent weekend escalation
Egypt deepens energy partnership with Huawei to enhance grid efficiency
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has held talks with executives from Huawei to expand co-operation in renewable energy, energy storage technologies, and smart grid solutions, as part of the country’s broader strategy to modernise its electricity
Electricity Minister explores digital grid optimisation with Nexus Analytica
Minister of Electricity and Renewable Energy Mahmoud Esmat met with a delegation from Nexus Analytica, led by CEO Wissam El-Baz, at the Ministry’s headquarters in the New Administrative Capital. The meeting was attended by Mona Rizk, Chairperson of the Egyptian
Egypt’s EPROM reports record EGP 1.586bn profit in 2025 amid international expansion
The Egyptian Projects Operation and Maintenance (EPROM) recorded the highest net profit in its history at EGP 1.586bn for 2025, marking a 44% increase from EGP 1.096bn the previous year, as the company expanded operations into Nigeria and Iraq, the
Madbouly, Rosatom chief review progress on El Dabaa nuclear project
Egyptian Prime Minister Mostafa Madbouly met with Alexey Likhachev, Director General of Rosatom, to review the latest developments in the implementation of the El Dabaa Nuclear Power Plant and explore opportunities to expand bilateral cooperation. The meeting was attended by
EBRD extends $65m loan to HAU Energy for solar, storage project in Egypt
The European Bank for Reconstruction and Development (EBRD) is reinforcing Egypt’s green energy transition with a $65m construction bridging loan to Hassan Allam Utilities (HAU Energy) to develop a new renewable energy project in Benban Solar Park, near Aswan. The
Egypt to add 2,500 MW of renewable energy in 2026
Egypt plans to add 2,500 megawatts of renewable energy capacity to its national grid in 2026, the presidency announced Tuesday, as part of efforts to strengthen electricity stability and reduce reliance on fossil fuels. The statement followed a meeting
Military Production Ministry targets energy efficiency without disrupting output
Minister of State for Military Production Salah Gomaa has chaired a meeting with the boards of directors of companies and units affiliated with the ministry to review financial performance for the period from January 1 to March 31, 2026, and
Shell Egypt, Ministry of Petroleum spotlight youth innovation and entrepreneurship at EGYPES 2026 Youth Impact Ceremony
A youth project tackling online gaming addiction and a sports-tech startup took top honours on Wednesday at the EGYPES 2026 Youth Impact Ceremony, hosted by Shell Egypt and the Ministry of Petroleum and Mineral Resources. The event recognised winners from