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

International oil, gas exploration bid to be offered in 7 areas in Q1 of 2016

We target to increase oil production to 700,000 barrels per day during…

Mohamed Adel

Egypt negotiates with Kuwait to renew contract to supply 3m barrels per month

Crude oil imported from Kuwait Petroleum Corporation helps save fuel in local…

Mohamed Adel

Oil company investments worth $7bn for FY 2016/2017

Gas production to increase to 4.5bn cubic feet per day in 2016

Mohamed Adel

Schneider Electric offers €50m investment fund to support micro companies in North Africa

The company provided €52m investments in electricity projects in Egypt and North…

Mohamed Farag

Five year plan for oil sector revealed

During the previous fiscal year (FY) 2014/2015, the oil and gas demand…

Mohamed Adel

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…

Mohamed Adel

$6bn investment opportunity in wind and solar to 2018: EFG Hermes

Egypt needs to add about 8GW of renewable power to its energy…

Shaimaa Raafat

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

Mohamed Adel

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.

Hossam Mounir

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…

Mohamed Adel