TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.
A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.
The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.
During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.
The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.
Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.
Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
An agreement was reached between Khartoum and Juba to protect key oil installations, as ongoing armed conflict continues to threaten crude flows vital to both economies.
Ethiopia has begun construction of its first crude oil refinery in Gode, a $2.5bn project awarded to GCL, aimed at strengthening the country’s energy security amid ongoing reliance on fuel imports.
QatarEnergy continues its international expansion by acquiring 27% of the offshore North Cleopatra block from Shell, amid Egypt’s strategic push to revive gas exploration in the Eastern Mediterranean.
The new GeoMap tool identifies vast geothermal potential in the Middle East, notably for urban cooling, long-duration storage, and large-scale power generation.
At World Atomic Week in Moscow, the Russian president advocated for a reform of civil nuclear funding mechanisms, urging stronger involvement from multilateral financial institutions.
The Egyptian government is accelerating the deployment of its gas network and the conversion of vehicles to CNG, strengthening infrastructure despite a decline in domestic production.
ACWA Power has signed a 25-year power purchase agreement (PPA) with EETC for the development of a 2 GW wind project in Egypt, representing a USD 2.3 billion investment and helping the country increase its renewable energy share.
The Russian public company Rosatom begins talks with Egypt to explore joint projects in quantum technology, with concrete proposals in several high-tech sectors.
TotalEnergies and ENI have reached an agreement with Cyprus and Egypt to develop the Cronos gas field. This initiative aims to convert the resources of Block 6 into liquefied natural gas (LNG) for the European market, utilizing existing Egyptian infrastructure.
BP has announced the commissioning of two new wells in the Raven gas field, part of the West Nile Delta project in Egypt. This expansion aims to increase the country's natural gas production and support national energy objectives.
Italian oil company Eni plans to continue its exploration activities at the Zohr gas field in Egypt for an additional two years. This decision comes as the site’s production has declined in recent years, impacting the country’s energy supply.
The South African government plans to issue a directive on green hydrogen on February 17. This measure aims to streamline project approval processes in a sector undergoing structuring, where investments are still struggling to materialize.
The Sudanese army and the paramilitary Rapid Support Forces (RSF) have accused each other of setting fire to a major oil refinery near Khartoum, escalating tensions in a conflict that has been ongoing for several months.
Qatar announces technical assistance to restore essential infrastructure in Syria, severely affected by years of conflict. This aid includes an energy contribution as well as support for the electricity sector, which is undergoing restructuring.
Engie announces the extension of the "Red Sea Wind Energy" wind farm in Egypt, increasing its capacity to 650 MW. This initiative aims to support the country's renewable energy ambitions while consolidating Engie's role in Africa and the Middle East.
A tanker carrying 99,000 tons of oil, stranded in the Baltic Sea, has been secured by German rescue operations. The incident reignites debates over Russia's "ghost fleet" and its environmental implications.
South Sudan announces the resumption of oil production in blocks 3 and 7, operated by Dar Petroleum, targeting 90,000 barrels per day after a year of disruption caused by armed conflict.
The Suez Wind Farm, with a capacity of 1.1 GW, has reached a major milestone with $703.6 million in funding, marking a pivotal step in Egypt’s energy transition strategy and efforts toward energy independence.
South Sudan plans to revive its oil production, critical for its economy, despite challenges related to damaged infrastructure and ongoing tensions with Sudan.
Rubis, an energy group based in Paris, appoints Jean-Christian Bergeron as the General Manager of Rubis Énergie. He will assume his role in January 2025 to lead growth strategy in global energy distribution markets.
TAG Oil announces progress at its BED-1 site in Egypt, with stable production, new drilling planned for 2025, and a partnership strategy to optimize operations.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
Egypt strengthens its energy infrastructure with a 500 MW solar power plant in Aswan, a $500 million project developed by AMEA Power, aiming to diversify its energy mix and meet growing electricity demand.
The Grand Ethiopian Renaissance Dam offers hope for Ethiopia's energy needs and challenges for Egypt and Sudan's water security. Collaborative management is crucial to prevent crises in the Nile Basin.
Egypt is turning to fuel oil to meet its energy needs as liquefied natural gas (LNG) prices remain high. This optimization strategy reflects changes in domestic demand and global economic constraints.
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
