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

Egypt’s EGAS signs 9 natural gas exploration agreements with $981m investments

Recent success in settling arbitration cases with international companies confirms Egypt's credibility…

Daily News Egypt

Shell sells onshore upstream assets in Egypt for $926m

Transaction is subject to government, regulatory approvals, with completion expected in H2…

Daily News Egypt

Egypt needs long-duration energy storage to incorporate renewables: Electricity Minister

Creating parallel electricity linkage line with existing networks to cost $2.1bn

Mohamed Farag

Egypt’s Petroleum Minister, BP discuss joint business, international oil prices

BP’s Dev Sanyal affirmed company’s confidence in Egypt's investment-attracting climate

Shaimaa Al-Aees

Transport of Egypt’s petroleum products cost EGP 27.5bn in FY 2019/20

59.1m metric tonnes of petroleum products transported, at cost of EGP 164…

Hossam Mounir

Japan offers $240m loan to support energy reform, combat COVID-19 in Egypt

New loan, largest since October 2016, also aims to reduce Egypt’s fiscal…

Nehal Samir

Egypt can make sizable decarbonisation by retiring expired energy assets over 5-10 years: GE Gas Power’s Khalidi

Over 80% of country’s power generated by traditional fossil fuels, including up…

Nehal Samir

Egyptian petroleum product imports drop 32.3% in 2020: CAPMAS

Petroleum product imports amounted to $6.383bn during 2020

Hossam Mounir

Al-Sisi asserts Egypt’s keenness to attract FDI for renewable energy

Discussions with Belgian companies underway on cooperation to produce green hydrogen for…

Bassant Mohammed

GLOBALink | How China produces first domestic nuclear reactor’s steam generator

China's first nuclear power unit using Hualong One, a domestically designed third-generation…

Xinhua