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

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…

Shaimaa Al-Aees

Egypt has 16th largest gas reserves: Edison chief executive

Egypt has the potential to become a regional center in the Mediterranean…

Mohamed Adel

Scatec Solar pumps investments worth $650m into 5 solar energy projects: CEO

Negotiations with seven international banks to finance 70% of the project, most…

Mohamed Farag

As linking projects stall, energy companies see production rates fall

Egypt’s average production of natural gas declined to 3.8bn cubic feet per…

Mohamed Adel

NREA targets projects worth 12bn euros over 7 years: El-Sobky

NREA will put to tender new solar plants and wind farms with…

Mohamed Farag

Saudi company Acwa Power to invest $12bn in the Egyptian market over five years

Acwa will not negotiate MoU until projects are decided upon

Mohamed Farag

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…

Mohamed Farag

Renewing Egypt’s energy sector

After a period when electricity shortages and black-outs were a regular occurrence…

Ahmed Yeganeh

Saudi Arabia names new oil minister

Saudi Arabia has announced the ouster of its longtime oil minister as…

Deutsche Welle

Royal Dutch Shell’s profit evaporates amid oil price slide

The Anglo-Dutch energy giant saw its after-tax profit reduced to a trickle…

Deutsche Welle