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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.

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.
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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.

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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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.
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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.
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.
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Eco Wave Power deploys BladeRanger drones to automate wave maintenance
Eco Wave Power and BladeRanger have unveiled a first-of-its-kind drone-powered maintenance system for onshore wave energy infrastructure, aimed at reducing operational costs and improving system performance.
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.

Iran and IAEA sign technical agreement to restart nuclear inspections

Iran has reached a new agreement with the International Atomic Energy Agency to formalise the resumption of inspections, following months of suspension linked to military tensions and criticism of its nuclear programme.
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Voltalia unveils SPRING, a strategic plan to restore profitability by 2026
Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
Ethiopia commissions Africa’s largest hydroelectric dam
The Grand Ethiopian Renaissance Dam is now fully operational, with a planned capacity of 5,150 MW, marking a key step in the country’s energy deployment.

Jordan ready to export electricity to Syria pending grid connections

Amman confirms its grid readiness to supply Syria during off-peak hours, pending completion of Syrian infrastructure.
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IAEA: Iran held 440.9 kg at 60% before Israeli strikes
A report by the International Atomic Energy Agency puts Iran’s 60% enriched uranium at 440.9 kg before Israeli and U.S. strikes, while the agency’s access to enrichment sites has remained suspended since the operations.
Egypt commits $343mn to new gas drilling to support supply
The Egyptian government signs four exploration agreements for ten gas wells, allocating $343mn to limit the impact of the rapid decline in national production.
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World Bank strengthens support for Ghana’s struggling energy sector
KLN advances on WHPA offshore gas project in Libya worth HK$10bn
EDF commissions solar plant and smart grid in Maripasoula
Bahrain signs civil nuclear agreement with the United States and announces $17bn in public investments
Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
OPEC Cuts Forecasts but Anticipates Rising Oil Demand
OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.

Drone attacks disrupt five oil fields in Iraqi Kurdistan within one week

Three new oil fields in Iraqi Kurdistan have been targeted by explosive drones, bringing the number of affected sites in this strategic region to five in one week, according to local authorities.
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Eco Wave Power receives €2.45mn from EU to deploy wave energy
Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
Egypt: Supplementary agreements signed for the El Dabaa nuclear power plant
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.

Saudi Aramco Sharply Raises Crude Prices for Asia in August

Saudi Aramco increases its oil prices for Asia beyond initial expectations, reflecting strategic adjustments related to OPEC+ production and regional geopolitical uncertainties, with potential implications for Asian markets.
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Liberian-Flagged Bulk Carrier Attacked in Red Sea, Israel Strikes Back in Yemen
A bulk carrier operated by a Greek company sailing under a Liberian flag suffered a coordinated attack involving small arms and explosive drones, prompting an Israeli military response against Yemen's Houthis.
Egypt accelerates El-Dabaa national grid connection for 2026
Cairo is stepping up connection works for the planned 4,800 MW El-Dabaa nuclear plant, developed with Rosatom, to feed the grid from 2026 with output equal to about seven % of national electricity.

Iran: Oil Dependence Limits Alliances with Moscow and Beijing

Despite strong ties, Iran's dependence on oil revenues limits its ability to secure substantial strategic support from Russia and China amid current international and regional crises, according to several experts.
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ENGIE launches largest wind farm in Africa and Middle East in Egypt
ENGIE begins full operation of the Red Sea Wind Energy wind farm in Egypt, increasing its capacity to 650 MW, four months ahead of schedule, now powering over one million homes in the region.
Egypt strengthens energy cooperation with six Chinese groups at Shanghai summit
Egypt’s Electricity Minister engages in new talks with Envision Group, Windey, LONGi, China Energy, PowerChina, and ToNGWEI to boost local industry and attract investments in renewable energy.

Egypt launches $200mn industrial solar complex at Ain Sokhna

Egypt has been building an industrial photovoltaic solar complex in Ain Sokhna since June 19, aiming to stimulate strategic local production with a total investment of $200 million funded by the Chinese group Sunrev.
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Globeleq launches South Africa’s largest energy storage facility
Globeleq and African Rainbow Energy finalise commercial agreements for a 153 MW energy storage project in South Africa, aimed at enhancing national grid stability and optimising peak energy management.
Eni, BP and TotalEnergies partially evacuate Iraq; Lukoil maintains operations
Following US strikes in Iran, international energy companies partially evacuate their teams from Iraq as a precaution, while Lukoil maintains its entire personnel on southern oilfields.

Chinese Refineries Cautious Amid Iran-Israel Tensions Threatening Oil Supply

Chinese independent refineries remain cautious amid rising Iranian crude prices driven by escalating Iran-Israel tensions, potentially threatening access to the strategic Strait of Hormuz.
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Israel resumes gas exports to Egypt and Jordan
Israel has partially resumed its natural gas exports to Egypt and Jordan following a week-long halt due to the closure of two major offshore gas fields, Leviathan and Karish.
UK Sanctions 20 “Shadow Fleet” Tankers and Rosneft Marine
The United Kingdom tightens sanctions against Russia's oil sector by targeting twenty tankers operating in the "shadow fleet" and Rosneft Marine, amid rising crude prices exceeding the G7-imposed price cap.

Iran Nuclear: An acknowledged capability long kept quiet

Confidential reports from the IAEA and multiple intelligence agencies confirm Iran's uranium enrichment to weapons-grade levels, contradicting Tehran's official statements. EnergyNews.pro retraces the evolution of Iran's nuclear program since 2015, three years before the Trump administration's withdrawal from the nuclear agreement.
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Weakened by sanctions, Iran loses influence on the global oil market
Long a major player in OPEC, Iran sees its influence on the oil market significantly reduced due to US sanctions, Israeli strikes, and increasing reliance on exports to China.
Egypt announces second oil discovery at Abu Sannan in three months
Egypt’s General Petroleum Company discovers a new oil field in Abu Sannan, producing 1,400 barrels per day, confirming growing interest in this mature Western Desert region.
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