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

Repayment period for gas shipments, petroleum products increased to 3 months from arrival: El-Molla

All concluded products with foreign companies were modified in order to provide…

Mohamed Adel

Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum

$3.8bn investments of BP in Atul field for producing 300m cubic feet…

Mohamed Adel

Is pressure for Egypt’s reform coming from the IMF or from oil prices?

While the IMF conditionality is the focus of the reform agenda, oil…

Nicholas Mehling

Petroleum Ministry to rerun ADCO and Damietta liquefaction factories by 2020/2021: minister

The ministry agreed with Shell to adjust the 9B gas prices and…

Mohamed Adel

Ministry of Electricity owes Siemens €350m for maintenance, power plant upgrades

  German company Siemens has maintained and upgraded a number of production…

Mohamed Farag

3 electricity projects subject to minister’s decision on ‘arbitration’

The companies include ACWA Power, Al-Nowais, and Toyota’s alliance to establish plants…

Mohamed Farag

Confusion in electricity sector as price increases not applied for July

Distribution companies to issue July’s bills at 2015 feed-in tariff rates, awaiting…

Mohamed Farag

Eni, BP target production of 350m cubic feet of gas from South Baltim field

Six wells will be linked from the new discovery to the national…

Mohamed Adel

France EDF to go ahead with China-funded nuclear power station in UK

With existing debts of more than 37 billion euros, the board of…

Deutsche Welle

Electricity Minister to meet renewable energy investors about feed-in tariff projects

30 companies to review with the minister the problems facing feed-in tariff…

Mohamed Farag