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

Russia inks deal to build Egypt’s first nuclear power plant

Russia has signed an agreement with Egypt to build the country's first…

Deutsche Welle

Scatec Solar to construct $600m solar projects in Benban, Zafarana

Funding will be 25%-30% in equity and 70%-75% in bank loans

Shaimaa Al-Aees

Rockefeller Fund: ‘The oil age is coming to an end’

Stephen Heintz, president of the Rockefeller Brothers Fund, explains to DW how…

Deutsche Welle

Greenpeace urges higher tax on German diesel

Environmental group Greenpeace has demanded an end to lower taxes for diesel.…

Deutsche Welle

German utility Eon books record loss

German power supplier Eon has reported a hefty loss for the first…

Deutsche Welle

Lekela Power signs MoU for $350m wind power station in Egypt

Actis Fund invested over $700m in Egypt to date, says director

Daily News Egypt

BP accelerates development of first phase of Atoll field in Egypt

The first phase will consist of two development wells tied back to…

Daily News Egypt

Low oil prices force rethink on reforms in Gulf states

The rapid decrease in oil prices has caused widespread fear in the…

Deutsche Welle

EGPC opens revolving letter of credit pertaining to North Alexandria gas

Fines to be imposed on BP and WRE DEA if linking wells…

Mohamed Adel

SSO invests $600m in solar energy programme for 2 years

Scatec Solar signed agreements with Egypt to participate in five solar projects…

Shaimaa Al-Aees