Government postpones execution of $15bn worth of electricity projects
The list includes plants in Dairout, Damanhour, El-Hamrawein, El-Mahmoudeya, Ataqa, and Qena;…
30 international and local banks prepare to finance renewable energy projects with $3bn
All banks have agreed to lend to companies in the second phase…
Eni to complete 24% of gas treatment plant in October 2017
Six wells in Shorouk concession will be linked to production at the…
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…
Finance Ministry approves state guarantee for Toyota alliance’s Suez wind farm
Toyota, Orascom, GD France alliance to sign contracts with Egyptian Electricity Transmission…
NREA poses tender for installation of windmill mid-2017
Project expected to cost €345m with funding from AFD, KFW, and EIB
10 banking institutions agree to finance 2nd phase of renewable energy projects
Solar and wind energy projects must be financed primarily from foreign financing…
BP buys 10% of Eni’s massive Zohr gas field
The two companies agreed that BP could purchase another 5% before the…
Petroleum Ministry to announce winning companies of exploration tender in 11 areas
Shell and Apache applied to acquire sectors in the western desert, says…
Electricity Ministry completes studies on Al-Negila for establishing nuclear power plant
Negotiations underway with Marsa Matrouh governor to allocate 30km to launch the…