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

Al Nowais negotiates with Finance Ministry to issue sovereign guarantee for Oyoun Moussa coal plant

Orascom Construction competes to establish Hamrawein plant; examination of offers to end…

Mohamed Farag Mohamed Farag

Egypt has received fuel shipments worth $1.2bn from Aramco over the past 4 months: Petroleum Minister

The value of petroleum products exported by the Saudi Arabian company Aramco…

Mohamed Adel Mohamed Adel

Renewable energy companies begin feed-in tariff 2nd phase negotiations

5 banking institutions, including IFC, EBRD, and EFD agree to finance projects

Mohamed Farag Mohamed Farag

Arqaam Capital forecasts 16% increase for Elsewedy Electric’s gross profits by 2019

Elsewedy Electric’s net profits increased by 99.2% in the second quarter of…

Mohamed Samir Mohamed Samir

EGPC signs partnership with Kuwait Energy for 15% of Iraq’s Seba gas field

Petrojet to carry out work on project for $200m

Reem Hosam El-din Reem Hosam El-din

Dresser-Rand business to supply turbine-generators for Egypt’s Zohr gas field

The company will also provide a service package that includes spare parts…

Shaimaa Al-Aees Shaimaa Al-Aees

EETC, Infinity Solar sign renewable power purchase agreement

German bank LP funds 85% of cost in US dollars, while AAIB…

Mohamed Farag Mohamed Farag

Ministry of Electricity signs purchase agreement with solar companies

The minister has granted investors 10 days to complete the financial closing…

Mohamed Farag Mohamed Farag

Eni completes drilling 6th well in Zohr deepwater

Production tests confirmed reserves increase to more than 30tn cubic feet of…

Mohamed Adel Mohamed Adel

BP produces 650m cubic feet from Taurus and Libra fields

BP agreement with Royal Dutch Shell will see gas produced from North…

Mohamed Adel Mohamed Adel