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Deadline extended for Leviathan partners to finalize $35B gas export deal with Egypt

Israel’s Leviathan gas field partners have been given until October 30th to meet the conditions required for the approval of their $35 billion, 130 billion cubic meter gas export agreement with Egypt, according to Middle East Economic Survey (MEES)

Updated 10/6/2025 8:53:00 AM
Fuel pricing reform on track, last actual hike expected in October: Madbouly

The fuel prices are expected to increase next October, which is likely to be the last in terms of actual hikes, Prime Minister Mostafa Madbouly revealed.

Updated 9/17/2025 7:50:00 AM
Energean unveils further 3T cubic feet of natural gas in Egypt

Energean revealed that there is an additional 3 trillion cubic feet of gas under its existing platforms in Egypt, CEO Mathios Rigas told Reuters.

Updated 9/14/2025 2:37:00 AM
Israel's Leviathan signs $35B natural gas supply deal with Egypt

Israel's Leviathan natural gas field has penned a deal estimated at a value of $35 billion to supply gas to Egypt, NewMed Energy, one of the partners in the field, announced.

Updated 8/7/2025 2:27:00 AM
EGPC unveils results of inspection campaign at fuel stations

The Egyptian General Petroleum Corporation (EGPC) announced the results of its periodic inspection campaign of the petroleum products trading and distribution system

Updated 7/27/2025 2:59:00 AM
MOPCO begins gradual restart of plants following gas supply resumption

Misr Fertilizers Production Company (MOPCO) announced it has started gradually restarting its plants following the resumption of natural gas supply.

Updated 6/29/2025 10:13:00 AM
Petroleum Ministry inspects fuel quality after 870 complaints; 5 samples below standards

Egypt’s Ministry of Petroleum and Mineral Resources has announced the results of tests conducted nationwide after receiving 870 complaints from citizens regarding the quality of fuel in the local market during the period from May 4th to 9th.

Updated 5/11/2025 12:43:00 PM
Egypt’s oil, natural gas output decline 20% YoY in January

Egypt’s oil and gas output declined in January 2025, the Middle East Economic Survey (Mees) data showed.

Updated 3/24/2025 8:58:00 AM
EGAS, Romania's Transgaz renew MoU for enhanced natural gas cooperation

The Egyptian Natural Gas Holding Company (EGAS) has renewed a memorandum of understanding (MoU) with Romania’s Transgaz to probe further cooperation in natural gas delivery activities.

Updated 2/18/2025 11:42:00 AM
Egypt seeks to increase Israeli natural gas imports by 58% by mid-2025

Egypt is working on an agreement with Israel to boost its natural gas imports by about 58% from the current 950 million cubic feet per day, starting the second half (H2) of 2025.

Updated 2/17/2025 8:25:00 AM
Oil & Gas Agreements Signed in 2024

Updated 2/16/2025 12:41:00 PM
Egypt plans 17% increase in Israeli gas imports by January 2025

Egypt’s Ministry of Petroleum and Mineral Resources has announced plans to increase natural gas imports from Israel by approximately 17% starting January 2025.

Updated 12/25/2024 8:05:00 AM
Egypt, Schneider Electric discuss cooperation on digital transformation in petroleum sector

The Ministry of Petroleum and Mineral Resources has probed fostering cooperation with Schneider Electric in digital transformation in the oil and gas sector.

Updated 11/7/2024 10:57:00 AM
Egypt’s natural gas export capacity amounts to 12M tons/year: Badawi

Egypt has gas export capacity of 12 million tons annually, refining capabilities of 40 million, and over 10 petrochemical parks.

Updated 11/5/2024 2:43:00 AM
Egypt mulls fast-tracking oil, natural gas development plans with Eni

Egypt has mulled ways to accelerate development and production plans for natural gas and crude oil fields and discoveries with the Italian energy firm Eni to secure domestic needs.

Updated 9/22/2024 10:17:00 AM
Egypt to raise Israeli natural gas imports by 20% as of October

Egypt is set to increase its imports of Israeli natural gas by 20% starting in October to reach 1.2 billion cubic feet per day, in an effort to reduce liquefied natural gas (LNG) imports during the winter season.

Updated 9/22/2024 8:37:00 AM
Egypt hikes prices of cooking gas, mazut

Egypt has raised the price of a household cooking gas cylinder by 50% from EGP 100 to EGP 150.

Updated 9/18/2024 9:28:00 AM
Egypt seeks 20 LNG cargoes for winter

Egypt is looking to purchase 20 liquefied natural gas (LNG) cargoes to be delivered from October to December, marking its first time importing LNG for the winter season since 2018.

Updated 9/8/2024 4:18:00 AM
EKH agrees on expansion of concessions granted to North Sinai Petroleum

Egyptian Kuwaiti Holding (EKH) has agreed with Ministry of Petroleum on the expansion of the offshore concession areas granted to its subsidiary North Sinai Petroleum Company and converting the added exploration area into a development contract.

Updated 8/12/2024 10:05:00 AM