Latest in Energy Highlight
Latest in Energy
Egypt to announce new electricity prices within days
EGP 1.14 per kW/h for LV consumers, EGP 0.75 for UHV consumers
Khartoum’s political unrest casts shadow over Egypt-Sudan electrical interconnection
A delegation from Sudan was supposed to visit Egypt and start the project but this has not happened so far.
Oil prices jump $0.90 per barrel, following Aramco pipeline, two Saudi oil tankers attacks
Political moves resulting from these attacks will affect oil market, says expert
Saudi oil-pumping stations attacked by drones
Houthi-run Al-Masirah TV cited military official saying seven drones staged attacks on vital Saudi installations
Benban investors, EETC dispute over cost-sharing hike threatens project
Cost-sharing value up 130%, companies hint at possible resort to arbitration
EETC to negotiate with ACWA Power over Kom Ombo solar plant
Company sells energy at 2.75 piasters, contracts to be signed in August
Saudi alfanar eyes $1.6bn worth renewable energy projects until 2021
Company intends to launch a wind farm in Egypt with investments of $250m
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Petroleum ministry aims to develop 11 gas projects with $18bn investments until 2023
New gas discoveries will contribute to connecting 2bn scf/day to national grid, says source
Cabinet approves amendments to Mineral Resources Law, sends it to parliament
Amendments approved by concerned authorities to be discussed in parliament on Tuesday, says source
New electricity tariff to be imposed in July
electricity pricing schemes to be submitted to cabinet for approval within weeks
Gas Market Regulatory Authority shall transfer 25% of its revenues to the Ministry of Finance
Authority follows commitment of companies to licensed activity to regulate gas market: Source
Government completes renewable energy direct sale regulations in September
Arab, international companies awaiting approval to build projects worth $3bn
Electricity Ministry negotiates with Eni to launch 200MW solar plant
Sealing deal depends on reaching agreement to purchase produced energy for 2.7 cents per KW/h
Egypt’s gas consumption to increase to 7.3bn scf/day next year
Energy needs of growing markets met by connecting wells of Zohr, North Alexandria, says source
Fees for land lease fixed at 2% of annual production: Fouda
We call on companies to invest in renewable energy, transform Sharm El-Sheikh into green city
Negotiations with hotels in Sharm El-Sheikh to sell electricity produced in second phase
Tawakol: 80GW/h expected to be contracted with tourism sector
Daily News Egypt visits first solar power plant within Sinai development programme
Schneider Electric completed implementation of plant’s first phase
Egypt’s energy reforms paves way to private sector, attracts $2bn investments: Malpass
Benban’s success can be replicated in transport, water, sanitation sectors, says WBG president
Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum
Renewal is essential to secure subsidy allocations from price changes, says El-Molla
Oriental Weavers to deliver first phase of OIC before year-end
Egypt’s Oriental Weavers Group revealed new details about its planned industrial city, Orientals Industrial City (OIC), in Ain Sokhna, announcing that the project will be built on an area of 10.5m sqm at a cost of EGP 13bn. The new industrial city would be developed and managed by the company’s subsidiary Orientals for Industrial Development …
NTPC to invest in solar energy in Egypt
Egyptian market stable, attractive for investment, says NTPC’s GM
AOI will complete launch of two solar plants in Eritrea next October
Organisation with ELMACO, EGMAC to supply electrical equipment to both projects
Upper Egypt pipelines receive 7.5m tonnes of fuel annually: PPC
Upper Egypt receives about 7.5m tonnes of crude oil, butane, and petroleum products through pipelines annually, the Chairperson of Petroleum Pipeline Company (PPC), Abdel- Moneim Hafez, said He pointed out that investments worth EGP 3.6bn were injected into Upper Egypt, including a project to increase the capacity of butane to Lower Egypt governorates from a …
Petroleum Ministry establishes $2.3bn oil refining projects in Assiut
New projects to contribute to reaching self-sufficiency for Upper Egypt in terms of various petroleum products, says El-Molla
New $450m high-octane gasoline complex being established in Assiut: ASORC
Company to convert 2.5m tonnes of fuel oil to petroleum products annually
Consultant appointed to conduct submarine survey for electric connection between Egypt, Saudi Arabia
Connection with Sudan delayed indefinitely due to events in Khartoum
Monthly decline in Shell’s production from Borollos, Rasheed fields of 10m cubic feet of gas
Projects produces 240m cubic feet of gas per day: source
Zohr gas condensates production increases to 4,000 tonnes per day
Extracted sulfur increased to 50 tonnes, returns to be spent on community development projects in Port Said
EEHC collects accumulated dues of EGP 6.1bn owed by government bodies
Total dues estimated at EGP 34.3bn until February
Triple M negotiates with KarmSolar to co-establish solar power plant in Bahariya Oasis
Triple M is negotiating with KarmSolar to participate in the implementation of a 17MW solar power plant in Bahariya Oasis.