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, Infinity Solar sign renewable power purchase agreement

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

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

Eni completes drilling 6th well in Zohr deepwater

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

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

Electricity Ministry begins paying dues to companies that left feed-in tariff projects without fines

Cairo Solar received EGP 19m from EETC for cost-sharing agreement premiums and…

Mohamed Farag

Shell in talks with government to increase natural gas supply

Shell is currently in talks with the government in order to increase…

Nicholas Mehling

Egypt hesitates in cutting fuel subsidies

The government pledged to the IMF to raise fuel prices and apply…

Mohamed Adel

Petroleum Ministry’s dues to foreign companies reach $3.6bn

We seek to repay part of the dues before the end of…

Mohamed Adel

Aramco oil deal with Egypt still on, suspension of October shipments ‘exceptional’

Aramco informed EGPC of its inability to supply Egypt with shipments of…

Mohamed Ayyad

Prysmian Group wins tender for Egyptian-Saudi electrical interconnection cables project

Lines tenders at the end of October, Transformers on 17 October, says…

Mohamed Farag