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

Italy’s Eni seeks to obtain electricity production license

Company plans to implement solar power projects worth $300m next year

Mohamed Farag

Egypt will not repay any amounts in Eastern Mediterranean gas arbitration settlement: Shoaib

Jordan gas line to be utilised to transfer Israeli gas in case…

Mohamed Adel

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…

Mohamed Samir

Siemens Gamesa establishes wind farms in Egypt with investments of €2bn

Turbine blade factory to be implemented in SCZone

Mohamed Farag

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…

Mohamed Farag

Farrouh: 100 applications to launch solar energy plants connected to the electricity grid

98 engineers trained, meetings with investors to raise projects’ awareness

Mohamed Farag

Enara to complete 3 solar power projects in Benban by Q1 2019: CEO

Operating power projects costs $200m, on net-metering system, independent production

Mohamed Farag

Mohammed Shaker: addition of 3,250 MW to national grid in coming 2 years

Cost of raising power plants’ efficiency amounts to EGP 30bn

Mohamed Farag

Petroleum products subsidies up by EGP 10bn in Q1 2018/19

20% increase in barrel price than estimated by state budget

Mohamed Adel

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…

Mohamed Samir