Latest Energy News
Five year plan for oil sector revealed
During the previous fiscal year (FY) 2014/2015, the oil and gas demand…
Oil prices register most significant decrease in 12 years, Gulf’s stock markets retreat
Egypt will work on increasing its oil imports to make use of…
$6bn investment opportunity in wind and solar to 2018: EFG Hermes
Egypt needs to add about 8GW of renewable power to its energy…
President Al-Sisi, King Salman to meet in February to discuss fuel supply to Egypt
Shipments of Petroleum materials will begin arriving to Egypt in February
Cooperation agreement between KarmSolar and Plus Leasing to irrigate 1.5m acres with solar energy
Plus Leasing has allocated EGP 30m to achieve this goal during 2016.
Egypt to import 3m barrels of crude oil per month from Kuwait, contract to end in September
Facility will be allowed for full payment within 30 days for an…
Saudi Arabia to reduce its reliance on oil
In a bid to shore up the Middle East nation's finances battered…
Oil prices hit fresh lows, dragging markets along
A barrel of the black stuff, which consistently traded above $100 between…
Shell to cut more jobs as BG takeover nears
Anglo-Dutch oil giant Shell has said thousands more jobs will be slashed,…
Egypt has leverage over Israel, being the bottleneck to Tel Aviv’s gas: Official
EMG has not been paying for gas in 10 months, we warned…