By Salma El Wardany (Bloomberg) — Egypt is set to boost exports of liquefied natural gas by restarting one of its two production plants. The Damietta facility, which has been idled...

CAIRO, April 18 (Reuters) – Egypt will keep ports running for 24 hours a day, up from 16 currently, to cut “long waiting times” for shipments, Transportation Minister Hesham Arafat...

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its goal of energy self-sufficiency. Gas from the Mediterranean’s largest offshore...

By Salma El Wardany (Bloomberg) — Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil ministry said, as the country...

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry...

By Salma El Wardany (Bloomberg) — Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this year at the giant Eni...

NANTES, France, Sept 16 (Reuters) – Egypt took delivery of a second French Mistral helicopter carrier on Friday, part of a $1 billion deal signed last year. Egypt took over...

By Christian Wienberg (Bloomberg) — The top-ranked analyst covering A.P. Moeller-Maersk has turned bullish on the stock. Investors who listened to Frans Høyer over the past year have made 32...

  By Maher Chmaytelli (Bloomberg) — Egypt plans to keep all the natural gas produced at a giant field Eni SpA found off its Mediterranean coast to itself, heightening competition...

  By Ari Rabinovitch and Eric Knecht JERUSALEM/CAIRO, Aug 31 (Reuters) – Egypt’s historic gas discovery threatens to sink Israel’s fledgling gas export bonanza, which was counting on deals with...

    By Anthony DiPaola (Bloomberg) — Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in...

  By Drewry Shipping Consultants The impressive ‘New Suez Canal’ project will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer...

Here is a new time-lapse video from Maersk Line showing a transit of the New Suez Canal, an adjacent waterway that now allows vessels to pass each other through most...

Egyptian President Abdel Fattah al-Sisi signed an order on Thursday allowing ships to pass through the New Suez Canal. The $8.5 billion project involved the dredging of an adjacent waterway that now allows vessels...

  By Ahmed Feteha and Tarek El-Tablawy (Bloomberg) — Egypt unveiled an $8.5 billion expansion to the Suez Canal on Thursday, the first of a series of mega projects the...

  CAIRO, Aug 5 (Reuters) – Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a larger undertaking to expand...

  By Ahmed Feteha (Bloomberg) — The Suez Canal took 10 years to build and cost thousands of workers their lives. When planners suggested three years for a second one,...

  By Eric Knecht ISMAILIA, Egypt, July 29 (Reuters) – Egypt has finished building its New Suez Canal, its overseer said on Wednesday, a project President Abdel Fattah al-Sisi sees...

  CAIRO, July 28 (Reuters) – Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a...

  The first cargo ships crossed the new Suez Canal on Saturday in a test-run before it is officially inaugurated August 6th. [contextly_sidebar id=”x4zhiEZ0s6uX2jvrkHgsDDgNK5UC941I”]The opening comes just 11 months after construction...