Egyptian Minister of Petroleum and Mineral Resources Karim Badawi met with Julien Pouget, President for the Middle East and North Africa, Exploration and Production at France-based energy company TotalEnergies, to discuss accelerating the connection of Cyprus’ Cronos gas field to Egyptian infrastructure and expanding cooperation on Mediterranean gas exploration and production, as per a statement.

Egypt is preparing to begin an offshore seismic survey covering approximately 18,000 square kilometers of its Eastern Mediterranean waters within two weeks, Minister of Petroleum and Mineral Resources Karim Badawi said.

Egypt's Fuel Automatic Pricing Committee (FAPC) has kept prices unchanged after reviewing movements in the EGP’s exchange rate and Brent crude prices during the third quarter (Q3) of 2026, according to a statement issued by the Ministry of Petroleum and Mineral Resources.

Prime Minister Mostafa Madbouly witnessed the signing of a cooperation protocol between the Ministry of Petroleum and Mineral Resources and the Ministry of Investment and Foreign Trade to attract new capital to Egypt’s oil, gas, and mining sectors.

Prime Minister Mostafa Madbouly held a meeting with several ministers to review the key themes of two sessions scheduled for the Egypt Forum 2026, which aims to highlight the state’s decisions and policies, particularly those related to citizens’ needs.

Egypt is seeking to accelerate mining investments by offering incentives and streamlining procedures to move projects from exploration and licensing to production, Prime Minister Mostafa Madbouly said.

Huawei is set to participate in the Egypt Mining Forum for the first time, showcasing its digital technologies aimed at supporting efficient and sustainable mining operations in Egypt

National Gas Company (NATGAS), a subsidiary of Valmore Holding, has begun expanding into the New 6th of October Industrial Zone, developing natural gas distribution infrastructure to serve industrial facilities in the area.

Prime Minister Mostafa Madbouly reviewed measures to secure Egypt’s energy needs and boost domestic oil and natural gas production, with a focus on accelerating the development of new discoveries and connecting wells to the national network.

Chinese renewable energy company Sungrow has laid the foundation stone for a $50 million energy storage systems assembly factory in the Ain Sokhna Industrial Zone.

Egypt and the UAE explored opportunities to expand cooperation and investment in renewable energy, battery storage, and electricity infrastructure.

CI Capital expects that every 10% increase in global oil and natural gas prices would raise Egypt's annual fuel import bill by around 26%, or $6 billion, the Cairo-based diversified financial services group said in a recent report.

Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi reviewed plans to secure the local market’s energy needs during August, including measures to maintain adequate supplies and provide operational alternatives.

Minister of Petroleum and Mineral Resources Karim Badawi held talks with Jordanian Minister of Energy and Mineral Resources Saleh Ali Al Kharabsheh to expand cooperation across the energy, natural gas, and mining sectors.

The Ministries of Petroleum and Mineral Resources and Investment and Foreign Trade agreed to establish a joint working committee to support financing and investment opportunities in petroleum sector projects and strengthen cooperation with international financing institutions and strategic partners.

Egypt has fully settled all outstanding arrears owed to oil and gas investment partners, cutting them to zero after dues had reached approximately $6.1 billion in June 2024, according to Minister of Petroleum and Mineral Resources Karim Badawi.

Egypt presented its vision to strengthen its role as a regional energy hub connecting producers and consumers at the US-Gulf Energy Infrastructure Summit in Washington, D.C., according to a statement by the Ministry of Petroleum and Mineral Resources.

Egypt was the largest natural gas consumer in Africa in 2024, accounting for 33.6% of the continent's total natural gas consumption, followed by Algeria, South Africa, and Morocco, according to a new study released by the Information and Decision Support Center (IDSC).

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, met with David Reavley, CEO of ASC Water and Energy, during his official visit to London to discuss opportunities for cooperation in localizing energy and water solutions in Egypt and attracting the company’s investments to the country.

Minister of Petroleum and Mineral Resources Karim Badawi said Egypt has the capabilities to become a hub connecting the Caspian Sea region and Europe in the energy sector, citing its strategic location and advanced energy infrastructure.