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

Eni to complete 24% of gas treatment plant in October 2017

Six wells in Shorouk concession will be linked to production at the…

Mohamed Adel Mohamed Adel

Khalda Petroleum reduces cost of oil produced from Apache concession to $4.5/barrel

We saved $155,000 daily on drilling expenses during FY 2015/2016, says Abdel…

Mohamed Adel Mohamed Adel

Finance Ministry approves state guarantee for Toyota alliance’s Suez wind farm

Toyota, Orascom, GD France alliance to sign contracts with Egyptian Electricity Transmission…

Mohamed Farag Mohamed Farag

NREA poses tender for installation of windmill mid-2017

Project expected to cost €345m with funding from AFD, KFW, and EIB

Mohamed Farag Mohamed Farag

10 banking institutions agree to finance 2nd phase of renewable energy projects

Solar and wind energy projects must be financed primarily from foreign financing…

Mohamed Farag Mohamed Farag

BP buys 10% of Eni’s massive Zohr gas field

The two companies agreed that BP could purchase another 5% before the…

Mohamed Samir Mohamed Samir

Petroleum Ministry to announce winning companies of exploration tender in 11 areas

Shell and Apache applied to acquire sectors in the western desert, says…

Mohamed Adel Mohamed Adel

Electricity Ministry completes studies on Al-Negila for establishing nuclear power plant

Negotiations underway with Marsa Matrouh governor to allocate 30km to launch the…

Mohamed Farag Mohamed Farag

Electricity Ministry to repay EGP 800m for fuel to Petroleum Ministry next week

The government raised prices of imported fuel for power plants to EGP…

Mohamed Farag Mohamed Farag

Egypt to save $1tn through establishing solar thermal power plants by 2050: El-Nokrashy

The president is excited to establish renewable energy projects, considering them future…

Mohamed Farag Mohamed Farag