Latest Energy News
Increased crude oil production after OPEC’s decision supports energy market stability: experts
A number of oil and energy experts confirmed that the increase in…
Brent crude price forecast for 2018 remains at $70 per barrel: Bank of America Merrill Lynch
The forecasted price of Brent crude for 2018 remains at $70 per…
Egypt receives studies on electricity interconnection project with Cyprus
Committee formed to evaluate studies before they are presentation to Al-Sisi
Inauguration of Siemens power plants awaits Al-Sisi’s agenda
14,000 MW added from Beni Suef, Borollos, and New Administrative Capital
23 companies accredited for national project of small solar cell systems
Support of up to $37,500 from UNDP, GEF for implementation of stations…
Petroleum Ministry, refining companies discuss developing production units before launching 87-octane petrol
The Egyptian General Petroleum Corporation (EGPC) started discussions with fuel refining companies…
Fuel price hikes are credit positive: Moody’s
Egypt's credit rating to return back to BB+ by end of economic…
Egypt’s fuel subsidy reform is credit positive, reducing fuel subsidy bill to 1.7% of GDP in 2019: Moody’s
Subsidy reform adjustment led to declining purchasing power, yet a brightening economic…
UAE’s Mubadala buys 10% of Zohr field
The Ministry of Petroleum signed a final agreement to sell 10% of…
Egypt and Saudi Arabia postpone interconnection agreements indefinitely
Egypt and Saudi Arabia have again postponed awarding the tender for the…