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

$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

Saudi Arabia to reduce its reliance on oil

In a bid to shore up the Middle East nation's finances battered…

Deutsche Welle

Oil prices hit fresh lows, dragging markets along

A barrel of the black stuff, which consistently traded above $100 between…

Deutsche Welle

Shell to cut more jobs as BG takeover nears

Anglo-Dutch oil giant Shell has said thousands more jobs will be slashed,…

Deutsche Welle

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…

Mohamed Adel

EGPC urges Aramco to provide petroleum shipments worth $300m

Ministry of International Cooperation negotiating with Saudi Arabia on long-term petroleum facilities,…

Mohamed Adel

BP broadens stake in Egypt’s West Nile Delta project

Company acquired 22.75% in the North Alexandria concession as well as 2.75%…

Menna Samir