BP to invest $1.5bn in Egypt gas projects for fiscal year 2026/27
British energy giant BP plans to invest approximately $1.5bn in Egypt during the 2026/2027 fiscal year to fund gas development, exploration, and the drilling of new wells, the company’s executive vice president for gas and low carbon energy, William Lin,
Petroleum Minister holds talks with global energy firms on sidelines of EGYPS 2026
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held a series of meetings with senior officials from leading international energy companies on the sidelines of the ninth edition of the Egypt Energy Show, focusing on expanding cooperation and boosting
Al-Sisi inaugurates EGYPES 2026 as petroleum minister outlines push to boost production
President Abdel Fattah Al-Sisi inaugurated Egypt Energy Show (EGYPES 2026) on Monday, reaffirming Egypt’s commitment to advancing energy transformation through strategic partnerships and practical implementation. Held under the theme “Effective Plan for Cooperation in Field of Energy Efficiency,” the event
Shell Egypt highlights Egypt as ‘critical energy market’ ahead of EGYPES 2026
Egypt sits at the intersection of regional supply, infrastructure, and growing demand, which makes it a critical energy market, Dalia Elgabry, Vice President and Country Chair of Shell Egypt, said ahead of the EGYPES 2026 conference. The company will take
Egypt to launch largest Mediterranean gas drilling programme in 2026
Egypt will implement its largest-ever gas drilling programme in the Mediterranean in 2026, Minister of Petroleum and Mineral Resources Karim Badawi said on Tuesday during an inspection of Shell’s new offshore operations. The minister visited the STENA ICEMAX drillship to
Electricity Minister reviews summer readiness, fuel efficiency with generation companies
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, held a high-level meeting with heads of power generation companies to review summer preparedness measures, new operating patterns and efforts to reduce fuel consumption rates ahead of the peak demand season.
Al-Sisi reviews summer electricity plan, orders accelerated solar expansion
Egyptian President Abdel Fattah Al-Sisi reviewed the government’s preparations to secure electricity supplies during the upcoming summer season, as peak demand on the national grid is forecast to rise by 6-7%. The review took place during a meeting with Prime
Egypt invests EGP 26.5bn to upgrade power transmission network in FY2025
Egypt invested approximately EGP 26.5bn in fiscal year 2024/2025 to modernize and expand its power transmission network, enhance grid efficiency, and integrate renewable energy into the national grid, the Ministry of Electricity and Renewable Energy said. Minister of Electricity and
Egypt’s Rees Tech targets EGP 1bn sales in 2026 on solar energy boom
Egyptian renewable energy solutions firm Rees Tech is targeting sales of approximately EGP 1bn in 2026, driven by a rapid increase in demand for solar systems across the local market, Chairperson Ibrahim Gamal said. The 2026 target represents a doubling
Egypt expands power grid as electricity losses reach 4.6bn kWh
Egypt is coordinating with Russian partners to accelerate the execution timelines of the El Dabaa Nuclear Power Plant as part of a broader strategy to secure sustainable energy, Minister of Electricity and Renewable Energy Mahmoud Esmat said on Sunday. The