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

Argentina, Uruguay suffer massive power blackout

Blackout affected around 50 million people

Daily News Egypt

Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt

Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv…

Mohamed Adel

EEHC to complete analysis of power control centre offers in 3 weeks

Siemens, GE, Schneider Electric competing for implementation

Mohamed Farag

Egypt targets gasoline deficit of 3.8% in FY 2019/20

Surplus of jet fuel production 3.43m tonnes in next FY, says source

Mohamed Adel

El Sewedy acquires Greek RF Energy for €55m

NBG funds 75% of deal expected to be sealed end-June

Mohamed Farag

El-Molla discusses investment expansion with Total, Axens CEOs in Paris

“The opportunities in the field of natural gas in Egypt are the…

Mohamed Samir

EETC to implement EGP 19.5bn worth of projects in FY 2019/20

The of the Egyptian Electricity Transmission Company (EETC) is seeking to implement…

Mohamed Farag

Government reviews oil hedge rates after sudden fall in oil prices

State budget bore $5 difference in price of barrel for JP Morgan,…

Mohamed Adel

Petroleum Ministry aims to develop 11 gas projects with $18bn investments until 2023

New gas discoveries will contribute to connecting 2bn scf/day to national grid,…

Mohamed Adel

Egypt prepares site of Dabaa nuclear energy station to start executive work

Industry Localisation Committee approves 183 companies to participate in project

Mohamed Farag