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

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

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

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

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

New total of 19 companies withdraw from renewable energy feed-in tariff projects

The companies Wadi Degla and Nubian are the latest to withdraw from…

Mohamed Farag

Petroleum Ministry to pose fuel tender as alternative to Aramco contract in December

Talks with Saudi Arabia are ongoing to discuss Aramco's position on the…

Mohamed Adel

5 companies to submit offers for launch of Hamrawein coal plant in March: Electricity Minister

EGP 33bn allocated for the expansion of the national electricity grid over…

Mohamed Farag

Apache to invest $960m in western desert concessions during current fiscal year

Ongoing discussion in regards to increasing FY 2017/2018 investments with Apache’s officials,…

Mohamed Adel

Government to discuss raising tariff on biofuel next week

Committee suggests price ranging between EGP 1.02-1.08 per KW/h

Mohamed Farag

20% target of renewable energy sources remains following flotation: NREA head

The target for 20% of Egypt's power requirements to be generated from…

Hisham Salah