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

Egypt receives studies on electricity interconnection project with Cyprus

Committee formed to evaluate studies before they are presentation to Al-Sisi

Daily News Egypt

Inauguration of Siemens power plants awaits Al-Sisi’s agenda

14,000 MW added from Beni Suef, Borollos, and New Administrative Capital

Mohamed Farag

23 companies accredited for national project of small solar cell systems

Support of up to $37,500 from UNDP, GEF for implementation of stations…

Mohamed Farag

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…

Mohamed Farag

Fuel price hikes are credit positive: Moody’s

Egypt's credit rating to return back to BB+ by end of economic…

Nehal Samir

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…

Mohamed Samir

UAE’s Mubadala buys 10% of Zohr field

The Ministry of Petroleum signed a final agreement to sell 10% of…

Daily News Egypt

Egypt and Saudi Arabia postpone interconnection agreements indefinitely

Egypt and Saudi Arabia have again postponed awarding the tender for the…

Mohamed Farag

Government is considering implementation of a new mechanism for monitoring distribution of butane cylinders

Gasoline mart card system to be cancelled, after finding defects in application:…

Ahmed Farahat

EGAS reportedly purchased 9 LNG shipments

Aramco to supply Egypt with 0.5-1m barrels of crude oil per month

Mohamed Samir