SUBSCRIBE
PROFILE

Egypt

Israel seals a €30 billion gas contract with Egypt

An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.

Egypt launches $220mn solar complex in the Suez Canal zone

The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.

TAG Oil secures three-year extension to evaluate BED-1 oil field in Egypt

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.
en_1140987540-1

The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

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.

Lukoil sells its African oil assets to Gunvor under pressure from US sanctions

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 cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
en_1140311073540

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

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.

First El Dabaa nuclear reactor receives 330-tonne pressure vessel

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.

Egypt seeks to attract Japanese manufacturers to Suez Canal zone

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.
en_1140221079540

Jordan: exporting its electricity via Syria, operational levers and constraints

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.

Egypt and UAE join forces to connect electricity to Europe

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.

New Zealand approves the 147 MW Glorit solar project in the Auckland region

The independent commission approved development of the Glorit solar project, with a capacity of 147 megawatts (MW), north of Auckland, following a detailed assessment of environmental, land-use, and economic impacts.
en_1140201037540

FairWind acquires Cosmic Group to strengthen wind energy presence in Asia-Pacific

The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.

BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.

Egypt to drill 480 new oil and gas wells by 2030

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.
en_1140141052540

Empower New Energy signs major industrial solar deal in Tunisia

Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.

QatarEnergy acquires 27% stake in Egypt’s offshore North Cleopatra block

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.

Project InnerSpace unveils GeoMap in the Middle East with 14,000 GW geothermal potential

The new GeoMap tool identifies vast geothermal potential in the Middle East, notably for urban cooling, long-duration storage, and large-scale power generation.
en_114051040540

Egypt invests in domestic gas despite rising LNG imports

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.

Envision Energy enters strategic partnership with ANZ to support its expansion in Australia

Envision Energy strengthens its commercial strategy in Australia through a new agreement with ANZ to finance energy projects and develop local supply chains in renewables.
  • Populaires sur energynews.pro
Armada joins Genesis programme to deploy sovereign compute power in the United States
RWE and Indiana Michigan Power secure 200 MW deal in Indiana
EDF power solutions secures 250 MW battery contract in Germany
Nordex secures 200 MW contract for wind farm in Canada
Pivot Energy secures $225mn to develop 60 new community solar projects

China and India top the list of Russian oil importers in May

In May, China and India became the main buyers of Russian fuel oil and vacuum gas oil (VGO), representing a significant increase in Russia's seaborne exports. These exports, which totalled around 4 million tonnes, are the result of the end of seasonal maintenance work.
Exportations énergétiques russes Asie

Buckleys Road: Approval for a 65MW Solar Project in New Zealand

Ethical Power and KeaX Limited obtain Selwyn District Council approval for a 65 MW solar project near Christchurch, aimed at strengthening the local energy infrastructure.
Projet solaire Nouvelle-Zélande

Tiwai Point signs 20-year electrical agreement

Tiwai Point nuclear power plant secures its future with new 20-year electricity supply contracts, guaranteeing continuous, competitive production.
Tiwai Point PPA 20 ans

Antarctic prospecting: Russia and the UK play down suspicions

The UK and Russia play down suspicions of oil prospecting in Antarctica, asserting the scientific nature of Russian research.
Soupçons Prospection Antarctique

TotalEnergies and Verbund launch green hydrogen project in Tunisia

TotalEnergies and Verbund announce a major joint project to produce and export green hydrogen from Tunisia to Europe.
Projet Hydrogène Vert Tunisie

Study on a hydrogen hub at Atlanta airport for a sustainable aviation future

Plug Power, Airbus, Atlanta Airport and Delta Air Lines are studying the feasibility of a hydrogen hub, aimed at decarbonizing aviation and airport operations.
Étude sur un Hub Hydrogène à l'Aéroport d'Atlanta pour un Avenir Aérien Durable.

FRV launches 600MW photovoltaic projects in Finland

FRV joins forces with Will & Must to develop 600MW of photovoltaic projects in Finland, marking a first foray into the Nordic countries for this leading renewable energy company.

Egypt approves major 10GW wind power project

Egypt signs a crucial agreement for access to land for a colossal 10 GW wind power project, promising a significant reduction in its carbon emissions.
Parc Éolien 10 GW Égypte

Stalemate on the Aphrodite gas project in Cyprus

The Aphrodite gas project in Cyprus faces a new impasse, with Chevron's plan rejected by the Ministry of Energy.
Développement Gaz Aphrodite Impasse Chypre

Egypt boosts wind power capacity with major investment

Egypt, in agreement with Scatec and Engie, is preparing to deploy 8 GW of wind power, marking a major step forward in its energy transition.
Égypte énergie éolienne investissement Scatec Engie

Liquefied natural gas shortage in Northwest Europe

Demand for liquefied natural gas (LNG) in North-Western Europe fell in April, putting the region under pressure in the shoulder season.
Baisse Importations GNL Europe

Côte d’Ivoire boosts its solar momentum with new PPP projects

Côte d'Ivoire qualifies ten multinationals to build two solar photovoltaic power plants to boost its energy mix.
La Côte d'Ivoire avance dans son engagement envers les énergies renouvelables, en qualifiant dix entreprises pour de nouveaux projets solaires

Halliburton beats forecasts despite lower earnings

U.S. oil and gas group Halliburton posted first-quarter net income of $609 million, down 7% but ahead of expectations, thanks to strong international business.
Résultats Halliburton T1 2024

US LPG exports: Fluctuating volumes to Europe and Asia

In April, US LPG exports fell, mainly impacting Europe and North Africa.
Exportations LPG US Europe Asie

Africa’s energy transition: Gas takes over from oil

Africa, historically known for its oil resources, is now turning its energy sector towards natural gas.
Afrique transition pétrole à gaz

Houthis threaten to attack Saudi oil installations

The Houthis have warned Saudi Arabia of a possible target, should it assist the US-led coalition's attack on Yemen.
Menace Houthis pétrole Arabie Saoudite

EU and Egypt: 7.4 billion euro strategic pact

In the midst of an economic crisis, Egypt is receiving 7.4 billion euros in financial support from the EU, in the form of loans, investments and grants.
Partenariat UE-Egypte mars 2024

Combating Methane Emissions: Challenges and Prospects

A recent analysis by the International Energy Agency (IEA) highlights the persistent challenges posed by methane emissions from the fossil fuel industry, despite the solutions available. This environmental issue calls for immediate, coordinated action.
Défis et Solutions des Émissions de Méthane

ACWA Power: 4 billion agreement with Egypt

ACWA Power embarks on a $4 billion project to develop green hydrogen in Egypt, targeting annual production of 600,000 tonnes of green ammonia.

Uranium: Soaring Prices, New Nuclear Era

Faced with limited supply and growing demand, the price of uranium reached its highest level in 17 years, signalling a global revival in nuclear power.
Charger plus