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

GASREG lowers gas grid usage fees to stimulate investment in the sector: source

The decision dates back to March 2018, and is subject to annual…

Mohamed Adel

Oil prices jump to highest level in more than 3 months, recording $68.66

Brent rise will not affect Egypt, thanks to hedging mechanism: Source

Mohamed Adel

Egypt holds prices of petrol, diesel in quarterly reveiw

The committee also decided to keep the diesel price at EGP 6.75…

Daily News Egypt

Egypt awards oil exploration concessions in Red Sea for first time

In February, the results of the geophysical data analysis in the Red…

Daily News Egypt

NEEASAE considers exploiting its 13,000 sqm land in Damanhur

Company is studying the possibility of offering it to investors and establishing…

Mohamed Farag

EEHC studies draft contract for pumped-storage hydroelectricity station by Sinohydro in Ataka

Sources at the Ministry of Electricity told Daily News Egypt that the…

Mohamed Farag

Egypt signs four petroleum agreements for oil, gas exploration with investments worth $155m

Minister of Petroleum and Mineral Resources, Tarek El Molla  stated that the…

Daily News Egypt

Egypt to establish $1bn phosphoric acid production plant in Abu Tartur 

The project to be established on an area of ​​560,000 sqm in…

Mohamed Adel