Israel

HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel

Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.

IAEA warns of restricted access to Iranian nuclear site since June strikes

The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.

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.
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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.
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Jordan prepares three major energy projects with German support

Amman plans to launch tenders for 400 megawatts of solar, wind and storage projects, as part of a strengthened bilateral energy cooperation with Germany.

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.
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Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

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.

The United States Raises Tariffs Against Colombia on Energy and Metals

The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.
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China cuts its oil surplus to 570,000 barrels per day and prepares a cycle of strategic purchases

The decline in imports and the rise in refining in September reduced China’s crude surplus to its lowest in eight months, opening the way for tactical buying as Brent slips below 61 dollars.

Jordan confirms its ability to supply Lebanon with energy via interconnections

Amman says it is ready to provide electricity and natural gas to Lebanon using its already operational infrastructure, pending the completion of regional procedures.

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.
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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.

Prisma Photonics raises $30mn to expand its optical fibre infrastructure monitoring platform

Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.

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.
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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.

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.

BP: Production and sales up in Q1 2024

BP forecasts higher production and robust oil and gas sales for the first quarter, with financial results due on May 7.

Geopolitical instability causes oil prices to soar

Tensions between Israel and Iran caused a significant rise in oil prices, the highest since October.

United States: DoE suspends oil purchases for Louisiana SPR

The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
Annulation achat pétrole DOE SPR

Oil at five-month high

Oil prices hit a record high, propelled by supply concerns and tensions between Israel and Iran.

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.

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.
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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.

Decline of oil and fall of natural gas in 2023

In 2023, global energy markets experienced a surprising dynamic: a significant drop in oil prices and a drastic fall in natural gas prices.

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.
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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.

Nuclear: Between Ambitions and Contrasting Realities

Nuclear power is regaining popularity in the face of the climate crisis. However, a recent report highlights the limits of its expansion, dominated by China and Russia.

Scatec ASA and EEHC seal Solar Project Agreement in Egypt

At COP28 in Dubai, Scatec ASA underlines the crucial importance of investment in renewable energies, particularly in emerging markets, to combat climate change.
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COP28 in Dubai: Challenges and hopes in the fight against climate change

COP28 in Dubai marks a decisive turning point in the fight against climate change, with a focus on fossil fuels and the creation of a compensation fund.

OPEC+ Online for Production Quotas: Impact on the World Economy

OPEC+ virtual meeting on oil production quotas and their impact on world markets.

The Challenges Facing OPEC+ in the Oil Market

OPEC+ Saudi Arabia faces major economic challenges with falling oil prices and rising geopolitical tensions ahead of the Vienna meeting.
OPEP+ Équilibre Prix et Politique

OX2 makes its first solar sale in Spain

OX2 sells 82MW of solar projects in Spain to Afcon Renewable Energy, strengthening its presence in Europe and supporting the growing demand for renewable energy.

OPEC’s impact on the Israeli-Palestinian crisis

In a complex geopolitical context, OPEC is at the heart of tensions between Arab nations and Israel, profoundly influencing the current crisis.

Qatar and IAEA: Strategic Alliance for Innovative Nuclear Projects

Qatar launches three innovative nuclear projects in collaboration with the IAEA, marking a significant step forward in the fields of health and environmental safety.
Qatar-IAEA: Innovation Nucléaire pour la Paix

The Race for Climate Control: A New Global Challenge

Cloud seeding, an ancient practice, is gaining in importance in the face of the challenges posed by global warming.

Jordan: Refusal to sign energy agreement with Israel

Jordan announces the cancellation of an energy agreement with Israel, citing the current conflict in Gaza as the main reason.