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…
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…
Oil company investments worth $7bn for FY 2016/2017
Gas production to increase to 4.5bn cubic feet per day in 2016
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…
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…