Latest Energy News
As Nooros field reaches record production, BP and Ministry of Petroleum sign 3 concession amendments
BP announced it has signed three concession amendments with the Minister…
BP acquires Shell’s Rosetta gas plant for $128m
Giza and Fayoum fields in northern Alexandria will produce 420m cubic feet…
International banks, institutions approve financing for renewable energy projects
Institutions await the announcement of the feed-in tariff’s second phase to officially…
Egypt enjoys good investment climate but legislation, regulatory laws need improvement: Acwa Power regional director
The pace of work and conclusion of contracts must be accelerated and…
Government to re-negotiate implementation of Dairut, Nowais electricity projects
Financial guarantee, arbitration will not impede contracts completion
Taqa Arabia, Dolphinus call for licence to import gas from EGAS to private sector
Preliminary approval to be granted to companies that request licences to sell…
Construction of Dabaa nuclear power plant underway: Electricity Minister
Russia and Egypt will sign contracts for the nuclear power plant after…
Siemens to select company for design, construction of turbine plant in Ain Sokhna
In June, Siemens signed agreements worth €8bn for high-efficiency natural gas-fired power…
Electricity Ministry agrees with Siemens to run 2 production units in Beni Suef
The Ministry of Electricity and Renewable Energy agreed with Siemens to run…
Electricity Ministry discusses financing 2nd phase of feed-in tariff with international institutions
Top financing banks include IFC, EBRD, GIZ, EIB, and AFDB