Infinity expected to IPO as it builds energy platform across Africa
Company is expected to distribute dividends in Q1 of 2021
6% drop in Brent crude prices seen as good news for Egypt policy makers
Oil prices have been hit by concerns over demand as Europe goes…
Egypt’s MIDOR refinery expansion will open in Q1 2022: Petroleum Minister
Expansion project aims to increase refinery’s production capacity by 60%, with $2.3bn…
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…
Shell sells onshore upstream assets in Egypt for $926m
Transaction is subject to government, regulatory approvals, with completion expected in H2…
Egypt needs long-duration energy storage to incorporate renewables: Electricity Minister
Creating parallel electricity linkage line with existing networks to cost $2.1bn
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
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…
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…
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…