BP announces new gas discovery off Egypt’s East Mediterranean

AfrOil - Africa Oil & Gas
MEOG - Middle East Oil & Gas
By bna Cairo bureau 8 April 2026
UK energy major BP (LSE:BP) has announced a new gas discovery offshore Egypt in the East Mediterranean, following the successful drilling of the “Dennis West-1” exploration well within the Temsah concession area
Investment into renewables has seen an explosion of generating capacity. Trouble is, they forgot about the grids.

Grid constraints threaten Europe’s energy security ambitions

Energo - CEE/FSU Power
By Ben Aris in Berlin 8 April 2026
Europe risks undermining its energy security and industrial competitiveness due to insufficient electricity grid capacity, with at least 120 GW of planned renewable projects facing delays, according to a report by Ember.
Falling renewable energy costs have created a new path to power for the world's poorest communities.

Falling electrotech costs create a fast catch up path for Global South

REM - Renewable Energy
By Ben Aris in Berlin 8 April 2026
A new energy pathway is emerging for developing economies, one that challenges the assumption that fossil fuels are a prerequisite for growth, according to a new report by Ember.

Chevron eyes new exploration blocks in Egypt as investment climate improves

AfrOil - Africa Oil & Gas
MEOG - Middle East Oil & Gas
By bna Cairo bureau 8 April 2026
US energy major Chevron (NYSE:CVX) is currently in talks with Egypt’s Ministry of Petroleum and Mineral Resources to invest in three new exploration areas.
More stories

What we offer

  • Market intelligence, insight & foresightdelivered directly to your email inbox
  • Expert contributorsincluding local & international journalists, industry analysts, economists & academics
  • The best editorial team in the businesswith over 20 years of knowledge and expert insight
  • Detailed and concise contentwithout any superfluous advertising

Our Customers

NewsBase ChinaOil is comprehensive and also keeps me informed of wider trends within China.  It gives me an edge when doing strategic planning and looking for business opportunities.  If you want to do business and grow in China’s upstream oil business, then this weekly digest gives the necessary insights.

Robin Simpson
Vice President Commercial & Business Development

NewsBase UOGM is concise and well focussed, giving me an accurate picture of the market in the one place

David Campagna
General Manager, Global Exploration

The value that NewsBase provides is excellent. I could pay more money to a different supplier and still not see the same level of information.

Without NewsBase I could have three or four suppliers and still not have the same depth of coverage.

Wayne Zemke
Market Intelligence Manager

AfrOil provides the most incisive and comprehensive coverage of the African oil and gas sector. AfrOil doesn’t just tell me what’s happening now, it tells me where the next hot spots will be, which is crucial for planning ahead. AfrOil is essential to my work and I would recommend it to anyone with an interest in oil and gas in Africa.

Elias Pungong
Partner Africa Oil & Gas Sector

I FOLLOW ALL NEWSBASE ISSUES WITH GREAT INTEREST.  They are current, in-depth, highly analytical but also fun to read.

Daniela Kissova
Policy Governmental & Public Affairs