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

Government aims to cut fuel subsidies to 1.7% of GDP in FY 2018/19

Expenditures to improve public services this FY amounted to EGP 182bn, says…

Mohamed Adel Mohamed Adel

Intro Energy to launch $100m energy projects in 3 years

Intro Energy is planning to launch several projects to produce electricity from…

Mohamed Farag Mohamed Farag

Egypt allows Eni, BP to export gas through Idku liquefaction plant

Development agreements of Zohr, North Alexandria allow foreign partners to export gas…

Mohamed Adel Mohamed Adel

Delek Drilling aims to start gas sale to Egypt by end-June

Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas…

Daily News Egypt Daily News Egypt

Government settles negotiations with Siemens Gamesa to establish €2bn wind farms

Company to sell production at 3.2-3.4 piasters per kw/h

Mohamed Farag Mohamed Farag

Eni completes gas processing plant with capacity of 3.2bn scf/day

Project’s investments are estimated at $5bn, says source

Mohamed Adel Mohamed Adel

Electricity billing: metre reading and fees collection

Moreover, she explained that the unified reading system reviews the consumption data…

Mohamed Farag Mohamed Farag

Crude oil price rise to $70.16 on back of OPEC cuts

Brent crude rose by 5 cents, or 0.1%, to $70.16 a barrel,…

Daily News Egypt Daily News Egypt

EEHC aims to implement asset management programme to curb financial burdens

Law allows offering 49% of ownership to private sector, says Salmawy

Mohamed Farag Mohamed Farag

Electricity Ministry aims to obtain land plot for pumped-storage plant

The technical aspects of the project were reviewed in cooperation with Artelia,…

Mohamed Farag Mohamed Farag