New Nile Delta gas discovery adds 50 mcf/d to Egypt output: Petroleum Ministry
Egypt’s Ministry of Petroleum and Mineral Resources has announced a new natural gas discovery in the Nile Delta, with an estimated production capacity of around 50 million cubic feet per day (mcf/d). The discovery follows the successful drilling of the
Egypt aims to boost mining to 6% of GDP, plans first aerial survey since 1984
Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources
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
PM Madbouly reviews fuel financing, stock levels with finance, petroleum ministers
Prime Minister Mostafa Madbouly convened a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review efforts to secure a sufficient and stable strategic stock of
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
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
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
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