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

ABB launches $30m EV charger production plant in Italy

Company aims to sell its EV chargers in Egypt after getting government’s…

Mohamed Farag

Renewable energy comprises 20% of Egypt’s total electricity: Electricity Minister

Egypt has faced significant challenges in securing its electricity needs, which affected…

Mohamed Farag

Egypt to launch new renewable energy projects by year-end: Electricity Minister

‘We received offers to buy energy at 2.45 piasters from solar power…

Mohamed Farag

Egypt’s NREA, Denmark’s Vestas to sign 250 MW wind farm contract

Wind farm’s implementation is scheduled to take place within two years

Mohamed Farag

Egypt cancels tender to establish 200 MW solar power plant in west Nile

Informed sources told Daily News Egypt that the EETC has already informed…

Mohamed Farag

Oil prices gain amid positive data

West Texas Intermediate for September delivery rose to $41.01 a barrel, while…

Xinhua

UAE announces operation of 1st Arab nuclear power plant

"We proudly witness start of Barakah nuclear power plant operations, in alignment…

Xinhua

Oil prices sink amid demand fears

Oil prices plunged as West Texas Intermediate for September delivery fell $1.35…

Xinhua

Oil prices gain after US inventories drop

Oil prices also got a lift from weak US dollar as there…

Xinhua

Egypt finalises 12 gas exploration agreements: Petroleum Minister 

Country’s arrears to foreign oil companies down to $850m in June, despite…

Mohamed Abdel Meguid