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

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

Germany’s RWE to spin off renewables unit

Germany's second-largest power firm RWE has confirmed it is to split its…

Deutsche Welle

Gas market regulation authority to be launched next year: petroleum minister

Egypt will continue to import gas even after Zohr field discovery to…

Mohamed Ayyad

Energy for all of Africa by 2030?

Almost two-thirds of people living in sub-Saharan Africa have no access to…

Deutsche Welle

IFC provides power to 10.7 million MENA customers in 2014

IFC’s contribution to energy sector aided in raising the region’s capacity with…

Menna Samir