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

KarmSolar announces 3 major agreements at first annual forum

News will impact agribusiness, architecture, start-ups, and real estate through partnerships with…

Daily News Egypt

Electricity minister to send president memo on Dabaa negotiations next week

The ministry has banned officials from comment until the contracts are complete;…

Mohamed Farag

Government postpones execution of $15bn worth of electricity projects

The list includes plants in Dairout, Damanhour, El-Hamrawein, El-Mahmoudeya, Ataqa, and Qena;…

Mohamed Farag

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…

Mohamed Farag

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

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

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

NREA poses tender for installation of windmill mid-2017

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

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

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

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

Mohamed Samir