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

Faulty South Cairo power station causes outage

146 cubic metres of gas and oil equivalent are pumped to power…

Daily News Egypt

BAPETCO’s discovery increases daily oil production to 50,600 barrels

Well’s original oil records about 15m barrels, adds approximately 5m barrels to…

Daily News Egypt

Petrochemical projects studies being prepared within new Suez Canal Axis Development plan: Petroleum Ministry

“We are participating in implementation of two tunnels, for cars and trains,…

Mohamed Adel

ABB studies investing in infrastructure, logistics in Suez Canal

ABB studies the plan to invest infrastructure and logistics projects in the…

Shaimaa Al-Aees

Egypt plans to spend $16bn importing petroleum products in FY 2015/2016

EGAS issues second international bid for foreign companies in July

Doaa Farid

Shell resumes offshore drilling in Arctic

Royal Dutch Shell PLC announced on Friday that drilling operations had resumed…

Deutsche Welle

OPEC, Russia: ‘Oil market to stabilize’

The Organization of Petroleum Exporting Countries and Russia have said sharp drops…

Deutsche Welle

‘People will not accept crappy terms’ for Iranian oil

Amid sliding oil prices, OPEC's secretary-general is in Moscow to discuss the…

Deutsche Welle

Oil spill payments sink BP into the red

British energy giant BP recorded multi-billion dollar losses in the second quarter…

Deutsche Welle

Explosion shuts down Turkey-Iran natural gas pipeline amid increasing violence

The gas flow between Iran and Turkey has been shut down after…

Deutsche Welle