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 owes EGP 1.3bn to Alexandria Electricity Distribution Company

Company collects EGP 50m in fines on electricity theft cases, sells 1.2m…

Mohamed Farag Mohamed Farag

Lekela Power bids to establish 450MW power plants in Egypt

Electricity production in Egypt to increase by 15% after operating Gulf of…

Mohamed Farag Mohamed Farag

Kader to establish mobile wastewater treatment plant in SCZone

Plan to expand water station in region to reach capacity of 30,000…

Mohamed Farag Mohamed Farag

Egypt cuts natural gas production for first time since achieving surplus

Country achieves 200m scf/day of gas in surplus after meeting local market’s…

Mohamed Adel Mohamed Adel

Oil price increases to $67.60 supported by extending production cuts for June, US sanctions

Fair oil price in international markets is $60 per barrel, says EGPC’s…

Mohamed Adel Mohamed Adel

Government studies new e-system to facilitate imports of renewable energy equipment

The government has started discussions in order to develop an e-system which…

Mohamed Farag Mohamed Farag

Vortex Energy sells 49% stake in 998 MW Pan-European wind energy portfolio

Vortex Energy, a European renewable energy platform managed by the private equity…

Daily News Egypt Daily News Egypt

British Petroceltic files arbitration case against EGPC

British Petroceltic announced on Sunday filing an arbitration case against the Egyptian…

Daily News Egypt Daily News Egypt

Inpector Capital BV acquires Scimitar Production Egypt Ltd to invest in energy

Inpector Capital BV–whose majority is owned by Dutch investor Marcel Boekhoorn–declared that…

Daily News Egypt Daily News Egypt

BP to increase production of Giza, Fayoum fields to 700m scf/day in April

Adding third phase of North Alexandria project to national grid in late…

Mohamed Adel Mohamed Adel