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Egypt’s petroleum sector returns to growth for the first time since 2023
Good morning, folks. We’ve got some good news on the privatization front and a veteran’s read on recent legislative reforms…
Privatization progress clears path for USD 1.6 bn IMF disbursement
Good morning, Egypt. We have a morning of consolidation moves, but first, a Pharaohs’ result worth celebrating. Mohamed Salah is…
Egypt to hedge 65% of fuel imports next FY
Plus: Ratio Petroleum acquires Pharos Energy for USD 164 mn
Our first wind turbine factory moves forward with a wind farm on the side
Plus: The government wants to add some 5 GWh of battery storage capacity by 2027
Government sends USD 21.5 mn to Dana Gas, settling remaining dues
Good morning, folks. It’s a reform-and-disclosure kind of morning. We take a look at what will happen when the government…
Reuters catches on to Egypt’s booming Russian oil intermediary play
Nearly 140k tons of Russian fuel oil and vacuum gasoil headed for Port Said for ship-to-ship transfers in May, Reuters…
Egypt wins its first-ever World Cup game
The Pharaohs made history this morning, winning their first ever World Cup match. Egypt secured a 3-1 victory against New…
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…
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