Latest Energy News
Higher oil prices inevitable, $100 bbl easily within reach in 2019: Bank of America Merrill Lynch
Price hikes further pressures on Egypt’s budget, each $1 increase in price…
Siemens Gamesa establishes wind farms in Egypt with investments of €2bn
Turbine blade factory to be implemented in SCZone
EGEMAC, XD-EGEMAC aim to increase business up to EGP 10bn by end-2018
EGP 450m agreement to establish Benban electrical substation to be concluded within…
Farrouh: 100 applications to launch solar energy plants connected to the electricity grid
98 engineers trained, meetings with investors to raise projects’ awareness
Enara to complete 3 solar power projects in Benban by Q1 2019: CEO
Operating power projects costs $200m, on net-metering system, independent production
Mohammed Shaker: addition of 3,250 MW to national grid in coming 2 years
Cost of raising power plants’ efficiency amounts to EGP 30bn
Petroleum products subsidies up by EGP 10bn in Q1 2018/19
20% increase in barrel price than estimated by state budget
Egypt signs agreement with CI Capital, Jefferies bank, Emirates NBD to manage ENPPI’s IPO
IPO of stake in ENPPI announced, postponed many times; initially scheduled to…
Eni to increase investment in Zohr to $16bn
Company works on linking Zohr's full production to national gas network by…
EETC enters negotiations with Siemens to set tariff for180 MW wind power
German company to choose between El Sewedy, Orascom for implementation