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

Eni’s share value inches up after announcement of Egypt’s natural gas discovery

The value per share reached €15.2 after company's CEO announced that he…

Menna Samir Menna Samir

Mac Optic to build petrochemical plant in Gulf of Suez: Vice President

Company signed contracts with Nigerian companies, negotiations underway with Iraqi government for…

Shaimaa Al-Aees Shaimaa Al-Aees

New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive

Gas discovery will, however, enhance economy, reduce budget deficit and create job…

Doaa Farid Doaa Farid

$600m of foreign partners’ dues paid last month: El Molla

CBE provided $1.2bn over the past two months for gas and fuel…

Mohamed Adel Mohamed Adel

Led by Saudi Arabia, Persian Gulf oil countries resist tough climate agreement

Saudi Arabia is being accused of trying to water down the climate…

Deutsche Welle Deutsche Welle

Egypt’s OTMT, European REC to provide solar power integrated solutions

The implementation of solar power plants tends to be much faster than…

Menna Samir Menna Samir

Electrical energy generated witnessed a 2.1% increase in 2013/2014

The amount of electrical energy generated in 2013 / 2014 reached 168…

Menna Samir Menna Samir

Egypt to gain 60% share of Shorouk franchise production: EGAS Chairman

The Egyptian Natural Gas Holding Company (EGAS) agreement with Italy’s Eni will…

Mohamed Adel Mohamed Adel

Eni invests $7bn to develop Shorouk in 3 years

Italian oil company Eni aims to invest around $7bn during three years…

Mohamed Adel Mohamed Adel

Egypt to host ‘The Future of Energy in Egypt’ forum

Participants are meeting in response to Future Energy Corporation's call to develop…

Daily News Egypt Daily News Egypt