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

Schneider Electric’s Badr plant increases production capacity by 110%

Company hosted top-performing secondary school students to see production lines of electricity…

Mohamed Farag

Government aims to renew hedging against oil price fluctuations

Oil price fell below $60 a barrel, contrary to expectations, according to…

Mohamed Adel

Qarun Petroleum Company invests $237m in FY 2019/20

Moreover, he said that the average daily production of the company during…

Mohamed Adel

Investments in oil sector reach $10.633bn in FY2020

Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%

Abdel Razek Al-Shuwekhi

EgyptERA to start implementing sector restructuring plan next December

Programme involves redistributing workers to companies, increasing private sector participation

Mohamed Farag

Khalda Petroleum Company completes drilling 43 wells

Company’s average production reached 162,000 barrels of oil per day, says Mowafi

Mohamed Adel

EMRA to replace bidding system with 6-year gold exploration license: Source

Concession areas to be withdrawn from investors if they were not committed…

Mohamed Adel

UNIDO allocates $5.6m to finance energy efficiency improvement projects in factories

Allocated financing to be used in solar heating and electric motors

Mohamed Farag

Zohr’s 13th well to be linked in October, production exceeds 3bn scf/day end-2019: Petro Shorouk

Investment in Zohr accounted to $10.6bn so far, says Hassan

Mohamed Adel

Proposals to move water prices within attempts to settle Electricity Ministry’s dues

Dues on water companies reached EGP 9bn until 30 June, says Raslan

Mohamed Farag