News

Shell has made a final investment decision on the Mina West offshore gas field in Egypt, aiming to address the country's domestic supply gap and enhance energy security.
He also checked the output from the three liquefied natural gas (LNG) facilities currently operating at the SUMED and Sonker ...
Minister of Petroleum and Mineral Resources Karim Badawi affirmed that the ministry is progressing with its plan to ensure a ...
In a significant move to bolster domestic energy production, Egypt's Ministry of Petroleum and Mineral Resources has ...
The share price of New Fortress Energy Inc. (NASDAQ:NFE) surged by 8.61% between July 15 and July 22, 2025, putting it among ...
Egypt is significantly bolstering its energy strategy by doubling its national regasification capacity to 2.25 billion cubic ...
An LNG import terminal is likely to cost over $1 billion in total, not $250 million, the pipeline owner has told the energy ...
Gamal Al-Qalubi calls for shifting gas allocations from power generation to fertilisers and petrochemicals to boost exports and fiscal returns.
Egypt is seeking to buy 20 cargoes of LNG starting October, marking the first time in years it will import the fuel in the run up to winter.
Ironically, this wave of development has exacerbated Egypt’s hard currency problems. Egypt owes Eni over US$1.25 billion for costs related to its energy developments, according to industry sources.
The Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has reaffirmed Nigeria’s commitment to strengthening diplomatic and ...
Israel is a major source of pipeline gas, and by the end of 2021, Egypt also emerged as a key LNG supplier to Turkey. The bottom line is that both Turkey and Egypt are in dire straits.