Energy

News, analysis and comment from on Egypt’s and the global energy markets from the Daily News Egypt, Egyptʼs leading publication.
Latest Energy News

Egyptian Cabinet denies setting electricity prices based on residential area

Electricity prices are defined by only consumption segments

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Egypt expects 5% increase in diesel prices in July

Government raised petrol price by EGP 0.25/litre, effective from 23 April

Alyaa Stohy Alyaa Stohy

Tredco for Engineering Industries installs solar unit at its refrigerators factory

El Sayad said that the cost of the company’s electricity bills stood…

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Renewable Energy Authority to set higher prices for electricity supplied to EETC

Prices are expected to increase by about EGP 0.7-0.15/kwh

Alyaa Stohy Alyaa Stohy

Infinity expected to IPO as it builds energy platform across Africa

Company is expected to distribute dividends in Q1 of 2021

Alyaa Stohy Alyaa Stohy

6% drop in Brent crude prices seen as good news for Egypt policy makers

Oil prices have been hit by concerns over demand as Europe goes…

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Egypt’s MIDOR refinery expansion will open in Q1 2022: Petroleum Minister

Expansion project aims to increase refinery’s production capacity by 60%, with $2.3bn…

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Egypt’s EGAS signs 9 natural gas exploration agreements with $981m investments

Recent success in settling arbitration cases with international companies confirms Egypt's credibility…

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Shell sells onshore upstream assets in Egypt for $926m

Transaction is subject to government, regulatory approvals, with completion expected in H2…

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Egypt needs long-duration energy storage to incorporate renewables: Electricity Minister

Creating parallel electricity linkage line with existing networks to cost $2.1bn

Mohamed Farag Mohamed Farag