Latest Energy News
Kaco New Energy targets investments of $ 500m in Egyptian market during 4 years
Kaco has partnerships with Italian and Chinese companies, in addition to Orascom…
Egypt has 16th largest gas reserves: Edison chief executive
Egypt has the potential to become a regional center in the Mediterranean…
Scatec Solar pumps investments worth $650m into 5 solar energy projects: CEO
Negotiations with seven international banks to finance 70% of the project, most…
As linking projects stall, energy companies see production rates fall
Egypt’s average production of natural gas declined to 3.8bn cubic feet per…
NREA targets projects worth 12bn euros over 7 years: El-Sobky
NREA will put to tender new solar plants and wind farms with…
Saudi company Acwa Power to invest $12bn in the Egyptian market over five years
Acwa will not negotiate MoU until projects are decided upon
We aim to reach an electricity surplus of 25%: Electricity Minister Mohamed Shaker
We are prepared for the high electricity demands of the summer and…
Renewing Egypt’s energy sector
After a period when electricity shortages and black-outs were a regular occurrence…
Saudi Arabia names new oil minister
Saudi Arabia has announced the ouster of its longtime oil minister as…
Royal Dutch Shell’s profit evaporates amid oil price slide
The Anglo-Dutch energy giant saw its after-tax profit reduced to a trickle…