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

Ukraine and Russia strike deal on winter gas supplies

Ukraine and Russia have finalized an agreement providing Kyiv with gas supplies…

Deutsche Welle

IAEA interested in assisting Egypt in Dabaa Nuclear Power plant

Director General of IAEA expressed willingness to send delegation to Cairo to…

Menna Samir

Oil supply forecast to shrink next year

Cheap oil prices have been massively affecting global markets, from countries' budgets…

Deutsche Welle

Cheap oil threatens North Sea fields

Low oil prices have strained the budgets of countries, which depend mainly…

Deutsche Welle

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

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

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

$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

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

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