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The Oil Ministry is eying 14 Mediterranean exploration wells in USD 1 bn+ drilling push this year
The Med push is part of a wider 101-well exploration program for 2026, with total expected drilling investment of USD…
EIB considers backing Alcazar’s Ras Ghareb, Scatec’s Dandara projects
The European lender is appraising a USD 152 mn slice of Alcazar’s wind debt, alongside an undisclosed package for Scatec’s…
The EGP punches through the EGP 50 barrier
👋 Good morning, friends, and happy long weekend. We’ve got a full issue for you today — starting with The…
Egypt secures EUR 690 mn in EU financing for grid upgrade
This marks the first concrete project under T-Med, the EU’s new Mediterranean energy initiative and the largest single EU clean…
Hassan Allam commits USD 400 mn to new data center
Good morning, friends. It’s a capital flows and pipelines kind of morning as the EU puts up EUR 690 mn…
Pegasus and Glaucus join Cypriot gas fields pumping our way
The agreement cements Egypt’s strategy to act as an East Med infrastructure middleman
Egypt tenders 128-km transmission line to plug in El Dabaa
Plus: Gov’t mulls importing 30 more LNG cargoes in 4Q 2026
Gov’t fully clears USD 6.1 bn in arrears to int’l oil companies
Good morning, wonderful people. We head to the weekend with a mixed bag of inflation data, as annual urban inflation…
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