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

EETC signs for $757 loan with Export-Import Bank of China

Chinese State Grid to establish 1,210 km-long lines, government guarantee to be…

Mohamed Farag

El-Molla looking for alternatives to Aramco’s contract to secure fuel

Petroleum Ministry refutes rumours of El-Molla visiting Tehran looking for new oil…

Mohamed Ayyad

Electricity Ministry may cease negotiations for new equipment purchases following pound flotation

Offers and prices of companies changed after the US dollar exchange rate…

Mohamed Farag

Fuel prices increase following flotation of Egyptian pound

The new price for octane 80 and diesel will be EGP 2.35…

Mohamed Samir

Electricity production costs to increase by 40%

The cost of the production of electricity is expected to increase by…

Mohamed Farag

Allocations for petroleum product subsidies expected to increase after floating the Egyptian pound

Allocations for petroleum product subsidies expected to exceed previous amount of EGP…

Daily News Egypt

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

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

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

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

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