Continuing decline in Brent prices positively impacts Egyptian economy
“We will not increase fuel imports because the financial resources are not…
Government hopes to pay full debts owed to foreign partners over coming 6 months
Debts owed to foreign companies have plagued all governments since 2008
FDI in oil and gas unaffected by Egypt’s instability
Political instability in Egypt and other Arab countries had negative effect on…
Cost of development behind stranded gas: Petroleum officials
Around 36 concession agreements in which 153 wells to be drilled have…
BP to invest $240m in Egypt through 2 new exploration blocks
The two exploration blocks was awarded to BP as a result of…
Italian animator wins ‘The Golden Pyramid’ at Cairo International Film Festival
Massi, who has won over 200 awards in major festivals in Italy…
Initiative produces biodiesel from used cooking oil
Green Pan collects used vegetable oil from restaurants, hotels and houses to…
As much as 20% or more of Egypt’s energy could be solar: Consilio CEO
Solar energy is a supplemental source as it requires subsidies and storage…
Poor technical conditions in power stations worsen due to outages and wasted fuel: EGAS official
Petroleum ministry supplies fuel to electricity worth approximately $72m per day
Second phase fuel smart-card distribution to save EGP40bn: Former petroleum minister
The government has so far distributed 2.6m out of the targeted 4.5m…