Natural gas futures slipped as bearish storage data and soft demand offset bullish weather and LNG risks. Market remains rangebound with downside bias.

The General Petroleum Company (GPC) has announced a new oil discovery—GPR-1X—in the Abu Sennan fields of Egypt’s Western ...

Amid escalating tensions between Israel and Iran, former President Donald Trump expressed confidence in his ability to broker ...

In televised remarks, Madbouly explained that Egypt has already taken precautionary measures to safeguard the electricity supply, especially after gas imports were directly affected by the current ...

In response to halted gas imports, Egypt shifts industrial supply and boosts fuel oil use in power plants to stabilise ...

The escalating tensions between Iran and Israel are also sending shockwaves through global stock markets, with India’s ...

Prime Minister Mostafa Madbouly stated that the Israeli attack on Iran and the rapidly unfolding developments that followed ...

Crude prices skyrocketed overnight Thursday into Friday morning as Israel attacked Iranian nuclear and military facilities.

Egyptian fertilizer producers halted operations due to decreased natural gas imports from Israel, affected by regional conflicts. Egypt is enacting emergency measures to stabilize gas supply, while ...

Israel’s shutdown of its Leviathan gas field due to escalating regional conflict has disrupted critical exports to Egypt, ...

Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura, Vitol, Shell, Saudi Aramco, and others involved in the agreements Imports aim to ease grid pressure amid ...

Egypt has obtained 75 gas cargoes for this year and aims to procure 50–60 more, with the rest scheduled by 2026.