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

Egypt cuts natural gas production for first time since achieving surplus

Country achieves 200m scf/day of gas in surplus after meeting local market’s…

Mohamed Adel

Oil price increases to $67.60 supported by extending production cuts for June, US sanctions

Fair oil price in international markets is $60 per barrel, says EGPC’s…

Mohamed Adel

Government studies new e-system to facilitate imports of renewable energy equipment

The government has started discussions in order to develop an e-system which…

Mohamed Farag

Vortex Energy sells 49% stake in 998 MW Pan-European wind energy portfolio

Vortex Energy, a European renewable energy platform managed by the private equity…

Daily News Egypt

British Petroceltic files arbitration case against EGPC

British Petroceltic announced on Sunday filing an arbitration case against the Egyptian…

Daily News Egypt

Inpector Capital BV acquires Scimitar Production Egypt Ltd to invest in energy

Inpector Capital BV–whose majority is owned by Dutch investor Marcel Boekhoorn–declared that…

Daily News Egypt

BP to increase production of Giza, Fayoum fields to 700m scf/day in April

Adding third phase of North Alexandria project to national grid in late…

Mohamed Adel

Four petrochemical projects to be implemented with investments worth $1.5bn: Petroleum Minister

Industrial rubber factory to be implemented with $100m investments, says Ethydco Chairperson

Mohamed Adel

Egypt to import 150m scf/day of natural gas from Israel in June

Gas amounts from Tel Aviv will increase to 700m scf/d within two…

Mohamed Adel

Electricity Ministry to disconnect service for delay in paying bills

The Minister of Electricity and Renewable Energy, Mohamed Shaker, issued strict instructions…

Daily News Egypt