Goldman Sachs Group Inc, IIF, expect lower oil prices in 2019
Each dollar increase in oil barrels from budget target costs state additional…
Irrigation Ministry, EBRD sign €148.3m agreement to finance Kitchener Drain development
Project includes collection, treatment of wastewater, solid waste management, rehabilitation of Kitchener…
State electricity companies exchange stagnant spare parts saving EGP 1bn annually
State-run electricity production companies began to exchange unused spare parts in their…
EETC intends to stop purchasing energy, allow private sector to directly sell production
Electricity ministry committed to current contracts, negotiations underway: sources
Western Desert produces 60% of Egypt’s crude oil: El-Molla
Minister called on foreign oil companies to intensify exploration efforts in region
Frienergy allocates $200m investments in energy projects
Negotiations with banking institutions to lend $180m, share in funding projects: chairperson…
Three companies request land to establish wind farms worth $500m
Land plots of 80 skm needed to launch 400MW energy projects
Gasoline 95 price tied to Brent price, exchange rate, transport costs: Petroleum Ministry spokesperson
No intention to increase prices of other fuels until end of current…
Government negotiations to bring down Egypt’s $2bn fine for Unión Fenosa
Compensation of partners to stop pumping of gas to Damietta LNG Plant…
Ganoub El Wadi to float tender for oil exploration in 10 Red Sea sites
Importance of providing necessary data to start exploration activity in region, allow…