Russia announced that the global oil market will be balanced in the second half of the year and beyond thanks to the OPEC Plus alliance agreement on production.

Russian Deputy Prime Minister Alexander Novak said that the OPEC Plus alliance, which inc…

Russia announced that the global oil market will be balanced in the second half of the year and beyond thanks to the OPEC Plus alliance agreement on production.

Russian Deputy Prime Minister Alexander Novak said that the OPEC Plus alliance, which inc…

The Ministry of Electricity and Renewable Energy revealed Tuesday that the electricity linkage between Egypt and Saudi Arabia would begin operation in Fall 2025 with a capacity of 3,000 megawatts as a first phase.

The project – implemented by a conso…

Egypt’s Finance Minister, Ahmed Kouchouk, has reaffirmed the government’s commitment to creating a strong environment that attracts both domestic and international investors across all sectors of the economy.

Speaking at the Egypt Mining Forum on Tue…

Irrigation Minister Hany Suwilam lauded the cooperation between Egypt and Italy in the field of water which is reflected in implementing ‘water knowledge project’ funded by the Italian Agency for Development Cooperation (AICS), asserting that the impo…

Minister of Petroleum and Mineral Resources Kareem Badawi underscored the Egyptian government’s commitment to rescheduling payment for international companies engaged in the nation’s petroleum sector, highlighting the establishment of a payment mechan…

Egypt has received five international shipments of liquified natural gas out of 21 contracted cargoes as part of the country’s urgent plan to provide for the needs of power plants, said the state-owned Egyptian Natural Gas Holding Company (EGAS).

In …