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

1-billion-tonne oil, gas area discovered in Xinjiang, China

The Tarim oilfield branch of PetroChina, China's largest oil and gas producer,…

Xinhua Xinhua

AfDB approves €83m loan to Egypt’s Electricity,Green Growth Programme

Programme seeks to enhance local power sector’s financial sustainability, governance, and operations

Daily News Egypt Daily News Egypt

Egyptian Cabinet denies setting electricity prices based on residential area

Electricity prices are defined by only consumption segments

Daily News Egypt Daily News Egypt

Egypt expects 5% increase in diesel prices in July

Government raised petrol price by EGP 0.25/litre, effective from 23 April

Alyaa Stohy Alyaa Stohy

Tredco for Engineering Industries installs solar unit at its refrigerators factory

El Sayad said that the cost of the company’s electricity bills stood…

Daily News Egypt Daily News Egypt

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

Alyaa Stohy Alyaa Stohy

Infinity expected to IPO as it builds energy platform across Africa

Company is expected to distribute dividends in Q1 of 2021

Alyaa Stohy Alyaa Stohy

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…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt