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

Neeasae receives offers to supply components of 750,000 LED bulbs

Tenders are to be submitted with an initial deposit of EGP 30,000…

Daily News Egypt

ACWA Power compares 3 bids to supply production units for Luxor power station

Siemens, General Electric, and Mitsubishi are competing on supplying the units, says…

Mohamed Farag

Mineral sales increase to $740m in FY 2019/20

State revenues from mining activities increase to $60m, says source

Abdel Razek Al-Shuwekhi

14.5% increase in electricity selling tariff from NREA projects

Electricity Ministry buys a kw/h from solar, wind energy plants for 55…

Mohamed Farag

Zohr’s gas production hits 11.3bn cm mark in 1H19: Rosneft

The Russian energy giant is in a consortium with Italy’s Eni, British…

Daily News Egypt

Russian nuclear-powered missile blast will not affect Dabaa project’s timetable

Experts emphasise complete safety of planned plant, calls for in-depth studies of…

Mohamed Farag

IIF expects world Brent oil prices to average $65/b in 2019, $62/b in 2020

“We expect growth in US crude oil production to decelerate from 1.6m…

Daily News Egypt

Lekela reaches financial close for its 1st wind farm in Egypt

Project to reduce more than 550,000 tonnes of carbon dioxide emissions per…

Daily News Egypt

NREA to launch tender for 20MW solar power plant in Hurghada in September

JICA to fund the project with $85m facilitated loan

Mohamed Farag

Poly Egypt to supply EGP 8m worth LED curbstone roadside pavements for New Capital

Company has EGP 18m contracts, aims to increase its exports

Mohamed Farag