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

Oil prices climb on vaccine optimism, US crude inventories up last week

Many European countries and US states are tightening coronavirus restrictions. Analysts expect…

Xinhua Xinhua

UAE’s AlNowais Investments to increase Kom Ombo solar plant’s capacity to 500MW 

Ministry of Electricity to grant Emirati AlNowais company additional land in Kom…

Mohamed Farag Mohamed Farag

Solaris Egypt aims to secure EGP 300m finance for solar power stations

Company negotiates with QNB, AAIB, AlexBank over possible finance

Mohamed Farag Mohamed Farag

Strong economics, renewable power policies make Egypt attractive investment destination: Alcazar Energy CEO 

Some of company’s largest capacity expansions are planned in Egypt, UAE, Saudi…

Mohamed Farag Mohamed Farag

Oil prices slip on the back of COVID-19 worries

Oil prices drop came amid a spike of new coronavirus infections in…

Xinhua Xinhua

Egypt, Denmark explore renewable energy investment opportunities

Shaker said that the Egyptian government has made great efforts to overcome…

Daily News Egypt Daily News Egypt

Sterling and Wilson takes over from Mahindra in Kom Ombo solar plant construction

ACWA Power agreed with Indian company to implement project, sign contract before…

Mohamed Farag Mohamed Farag

Eni, EGAS partner to restart Damietta LNG plant in Q1 2021

Agreements signed to settle Union Fenosa Gas, SEGAS disputes with EGAS

Daily News Egypt Daily News Egypt

Saudi Aramco says fuel supplies not affected by Jeddah oil facility attack

A projectile hit one of the 13 tanks in the Saudi Aramco…

Xinhua Xinhua

EEHC to issue tender for electricity production units transfer to Sinai’s Al-Arish

Company would save $130m by transferring these units, which will take place…

Mohamed Farag Mohamed Farag