Tunisia’s Renewables Roadmap Gains MomentumJanuary 4, 2026 Tunisia ended 2025 on a high note, commissioning its largest solar power plant yet. The government also approved tenders for…
IMF Agrees $2.7bn Egypt PaymentJanuary 4, 2026 Egypt is due to receive approximately $2.7bn from the IMF this month as part of two ongoing agreements. $2.5bn is…
Iran Boosts South Azadegan Processing CapacityJanuary 3, 2026 After years of delays, Iran is now making progress in commissioning the technically challenging 320,000 b/d South Azadegan Central Treatment…
Acwa Power Secures 1.25GW of China ProjectsJanuary 3, 2026 On 29 December, Saudi Arabia’s Acwa Power announced that it has entered into multiple Share Purchase Agreements (SPA) in China…
UK Exempts Zohr From Russia SanctionsJanuary 2, 2026 The UK government on 17 December placed Egypt’s flagship Zohr gas field on a list of projects exempt from sanctions…
Ministries of Petroleum and Public Business Sector Partner to Advance Mining ProjectsJanuary 1, 2026 Minister of Petroleum and Mineral Resources, Karim Badawi, and Minister of Public Business Sector, Mohamed Sheimy, held a high-level meeting…
Badawi Updates PM on Gas Projects, Sector DevelopmentsDecember 31, 2025 The Ministry of Petroleum and Mineral Resources (MoPMR) has completed 90% of the planned works to connect natural gas to…
ASP Secures $140 Mn Financing for Silicon Metal Complex Following Golden License GrantDecember 31, 2025 Alamein for Silicon Products Company (ASP) has signed a long-term joint financing agreement worth $140 million to launch the first…
Petroleum Ministry Officials Inspect EDC-11 Rig to Review Safety and Operational PerformanceDecember 31, 2025 A high-level field inspection was conducted at the EDC-11 drilling rig within the North Bahariya Petroleum Company (Norpetco) concession to…
Egypt Gas Targets EGP 420 Mn Net Profit in 2026 BudgetDecember 31, 2025 Egypt Gas has unveiled its estimated budget for the 2026 fiscal year, targeting a net profit after tax of EGP…
