Latest Energy News
Egyptian Cabinet denies setting electricity prices based on residential area
Electricity prices are defined by only consumption segments
Egypt expects 5% increase in diesel prices in July
Government raised petrol price by EGP 0.25/litre, effective from 23 April
Tredco for Engineering Industries installs solar unit at its refrigerators factory
El Sayad said that the cost of the company’s electricity bills stood…
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
Infinity expected to IPO as it builds energy platform across Africa
Company is expected to distribute dividends in Q1 of 2021
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…
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…
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…
Shell sells onshore upstream assets in Egypt for $926m
Transaction is subject to government, regulatory approvals, with completion expected in H2…
Egypt needs long-duration energy storage to incorporate renewables: Electricity Minister
Creating parallel electricity linkage line with existing networks to cost $2.1bn