Egypt

Voltalia and IFC join forces to electrify Africa’s mining sector with renewable solutions

Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.

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.
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SIR secures $105.6mn from BOAD for low-sulphur diesel complex

Société Ivoirienne de Raffinage receives major funding to upgrade facilities and produce diesel fuel in line with ECOWAS standards, with commissioning expected by 2029.

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.

Côte d’Ivoire launches 50 MW solar project in Kong for CFA37bn

The 50 MW Kong solar power plant marks a new step in Côte d’Ivoire’s national grid expansion, with CFA37bn ($60.5mn) in funding and commissioning set for early 2027.
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India invests $77 billion in large-scale hydroelectric plan amid China tensions

New Delhi plans to allocate INR6.4tn ($77bn) to develop transmission infrastructure for 76 GW of electricity from the Brahmaputra Basin by 2047, amid growing cross-border pressures.

Paris Agreement: How Article 6 Shifts Carbon Credits to Regulated Demand by 2030?

Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.

Jihadist blockade disrupts fuel supply across Mali

Fuel shortages now affect Bamako, struck in turn by a jihadist blockade targeting petroleum flows from Ivorian and Senegalese ports, severely disrupting national logistics.
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TotalEnergies appoints Nicola Mavilla as global head of exploration

Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.

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.
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European Union unlocks €545mn to modernise African power grids

Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.

Vitol acquires 30% of Baleine oil field in Côte d’Ivoire from Eni

Vitol strengthens its presence in West Africa by acquiring a 30% stake in the Baleine oil field from Eni, while maintaining an active role in the country’s offshore development.

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.
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EBRD coordinates $74.1mn financing for a 200 MW wind farm in Egypt

The European Bank for Reconstruction and Development leads an international financing structure to support the construction of a wind farm in Ras Ghareb, as part of Egypt’s national energy strategy.

EBRD grants $74.1mn for 200 MW wind farm in Ras Ghareb

Infinity Power will build a new onshore wind farm in Egypt with financing led by the EBRD and backed by several international partners.

Uganda builds 2 million barrels of storage to boost oil sector

Backed by flagship projects linked to EACOP and the Tilenga and Kingfisher fields, Uganda aims to lead Africa in new oil storage additions, with a projected impact on its revenues and financial flows by 2030.
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Singapore commits $55.6 million to forest carbon credits in Latin America and Africa

The Singaporean government has signed a contract to purchase 2.17 million mtCO2e of carbon credits from REDD+, reforestation and grassland restoration projects, with deliveries scheduled between 2026 and 2030.

Egypt signs new deals to revive domestic gas production

Cairo has concluded three new exploration agreements with Apache, Dragon Oil and Perenco, for a total investment of over $121mn, as national gas output continues to decline.

Adani Group Accelerates Its Global Expansion with 10 GW of Hydroelectric Projects

Adani Group, a leader in renewable energy, plans to develop 10 GW of hydroelectric capacity in several Asian and African countries, including Bhutan, Nepal, Kenya, and Vietnam, to strengthen its green portfolio and achieve carbon neutrality by 2050.

Nepal Exports Hydroelectricity to Bangladesh via India

Nepal commits to exporting 40 MW of hydroelectricity to Bangladesh via India, thereby strengthening regional energy relations and boosting its economy despite environmental challenges.

The Alexandroupolis LNG Terminal Redefines Energy Security in Europe

The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
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Uganda inaugurates 600 MW Karuma hydroelectric power station

Uganda boosts its energy capacity with the opening of the Karuma hydropower plant, financed by China to the tune of 1.7 billion dollars, marking a new stage in Sino-Ugandan cooperation.

Five emerging countries dominate the voluntary carbon credits market

Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.

Energy information systems: An asset for governments, says IEA

Energy information systems are a strategic lever for governments to monitor their energy transition and decarbonization objectives, but their implementation remains uneven.
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L’Égypte prévoit de rétablir la production de gaz naturel d’ici l’été 2025

The Egyptian government is implementing measures to restore natural gas production and secure energy supplies by offsetting overdue payments to companies in the sector.

Egypt strengthens its position in the global LNG market

Egypt strengthens its position in the global LNG market by awarding a tender for 20 cargoes, despite price fluctuations and increased competition. This decision raises strategic issues for future supply.

Senegal: Oil boom and challenges for the future of the energy sector

Senegal's oil sector is undergoing a rapid transformation, with crude oil exports rising to 100,000 barrels per day. This development raises crucial issues for the world market and the country's economic future.
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AMEA Power launches Africa’s largest battery-powered solar project

AMEA Power signs agreements with the Egyptian Electricity Transmission Company for a 1,000 MW solar project and 600 MWh energy storage, setting a significant milestone for energy infrastructure in Africa.

Scatec signs a 25-year PPA in Egypt

Scatec and Egyptian Electricity Transmission Company sign an agreement for a 1 GW and 100 MW/200 MWh hybrid solar and storage project in Egypt, marking a key development in the country's energy sector.

European natural gas market: Speculative funds and increased volatility

The positions of hedge funds in European natural gas are having a major impact on price volatility. European Union regulators are considering new measures to limit these fluctuations.
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EliTe Solar invests USD 150 million in an 8 GW solar plant in Egypt

EliTe Solar launches a $150 million project for an 8 GW solar plant in Egypt. The aim is to boost its production capacity and optimize its global supply chain, while supporting Egypt's energy ambitions.

Bangladesh relaunches LNG imports on the spot market

Bangladesh resumes LNG imports on the spot market after a two-month pause. A change in procurement rules aims to ensure greater transparency in the supplier selection process.

Astronergy delivers 1 GW of solar modules for projects in Algeria

Astronergy supplies 1 GW of solar modules to Algeria, supporting the development of 2,000 MW of photovoltaic power plants as part of the country's energy strategy.
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Tsuchiyu Onsen: integrating geothermal energy into spa tourism in Japan

Tsuchiyu Onsen, a Japanese region renowned for its hot springs, is implementing a strategy to integrate geothermal production into its tourism sector, illustrating a local energy management model.

Egypt seeks foreign funding to secure gas imports

Egypt, faced with an energy crisis due to a drop in gas production, depends on financing from Saudi Arabia and Libya to secure its purchases of liquefied gas.

Premium energy basins seek to reduce emissions

According to Rystad Energy, demand for hydrocarbons will remain high. Premium energy basins such as Rub Al Khali and Gulf Deepwater are identified as strategic targets for maintaining production while reducing CO2 emissions.
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Algeria joins the New BRICS Development Bank

Algeria joins the New BRICS Development Bank, seeking to diversify its sources of financing and strengthen its position on the international financial scene.

Kenya: Nairobi and six regions plunged into darkness

A power failure paralyzes Nairobi and six regions of Kenya, affecting millions of people. Backup systems at Jomo Kenyatta airport ensure continued operations.