Latest in Energy Highlight
Latest in Energy
Egypt’s 1st Renewable Energy Roundtable tackles sector’s investment opportunities, challenges
Media Avenue honoured leading companies, most influential figures in the renewable energy sector
Benban Solar Park: a success story by public, private sectors
A hundred companies contributed to project with total investments of $2bn, to output 1.4GW of solar energy
Solar Installer finalising 500MW solar panel plant in North Suez Gulf
Solar Installer aims to increase the capacity of this portfolio from 350MW to 1.3GW in 2019/20, after completion of its projects at Benban.
German Intec wins consultant contract for construction of Zafarana solar power plant
Three companies, including Belectric, NARI Group Corporation, and Vikram Solar, technically qualified and two companies were excluded, one for technical reasons and the other withdrew.
Oil loses $5 a barrel after Aramco’s announcement of restoring full production
Market to face oil glut in coming period, prices to fall under $60: Source
Baltim production increases to 100m scf/day
The ministry of petroleum said in a statement that the remaining five wells in the field will be developed during the second quarter of next year.
African Development Bank invests $1.7bn in Egypt’s energy sector since 2007
“We seek to implement Sahara Transformation Initiative to produce 10GW,” says Shonibare
First roundtable on “Investing in Renewable Energy, Sustainable Development” kicks off on 24 September, honouring most influential companies
The event’s media sponsors are Forbes Middle East, Daily News Egypt, Al Borsa, Youm 7, and Hapi newspapers, as well as the Economy Plus platform.
EEHC postpones signing Oyoun Moussa coal plant contracts
Another reason is also the difficulty of establishing a special port to receive coal for the project in the region of Oyoun Moussa, as the water there is very shallow, which requires the construction of the port deeper inside the water, which would raise the total cost of the plant.
Electricity Ministry launches current at Qoseir transformer station, connects it to national grid for 1st time
EGP 1.7bn investments in development plan of northwest coast of Suez Canal
Importers of solar energy products required to prove their quality before trading next month
Maximum value paid by importer for each container EGP 40,000 to conduct all tests
Egypt to host second ministerial AFRA to discuss nuclear technology in November
Cairo continues its serious efforts to free Middle East from nuclear weapons: Shaker
Electricity consumption falls to 4bn scf/day of gas as weather cools
A source at the Egyptian Natural Gas Holding Company told Daily News Egypt that the consumption of gas stations decreased by about 300m scf/day as temperatures fell and the winter months approached.
Solar power investors to pay EGP 700m from cost-sharing agreement settlement with EETC
Remaining sums most likely to be paid on instalments, according to industry sources
NREA collects EGP 620m in arrears from local, international entities
90% increase in revenues by end of FY 2018/19
Eni finishes connecting 50m scf/day from the Baltim field
Average well production ranges from 75 to 100m feet, according to industry source
EBRD, SECO launch new initiative to improve skills of electricity sector’s labour force
Initiative to fight high rates of youth unemployment in Egypt
Egypt has excellent investment opportunities in all stages of petroleum industry: El-Molla
We adopt advanced mechanisms face oil prices fluctuations, says Minister of Petroleum
First roundtable on “Investing in Renewable Energy and Sustainable Development” kicks off on 24 September
The roundtable aims to discuss key themes regarding the private sector and the government’s vision to accelerate renewable energy growth and turn Egypt into a clean energy producer.
EETC to implement EGP 440m substation in west Damietta
Mashaly added that the plant is to be built within 12 months from the contract date.
Egyptian LNG costs $7 per million BTUs on average
Quantities of gas in market more than required, says source
Egypt starts digitalisation of energy grid: Electricity minister
The Chinese proposals include innovative solutions in the fields of communications and information technology to build a strong, flexible, and safe electricity grid, Shaker said.
EBRD to help select consultant for private power firms’ controls in Egypt
EgyptERA asked EBRD’s support to review controls of IPP system
Schneider Electric’s Badr plant increases production capacity by 110%
Company hosted top-performing secondary school students to see production lines of electricity panels
Government aims to renew hedging against oil price fluctuations
Oil price fell below $60 a barrel, contrary to expectations, according to industry source
Qarun Petroleum Company invests $237m in FY 2019/20
Moreover, he said that the average daily production of the company during the year reached 31,700 barrels of oil per day, while the company’s total investment amounted to about $182m.
Investments in oil sector reach $10.633bn in FY2020
Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%
EgyptERA to start implementing sector restructuring plan next December
Programme involves redistributing workers to companies, increasing private sector participation
Khalda Petroleum Company completes drilling 43 wells
Company’s average production reached 162,000 barrels of oil per day, says Mowafi
EMRA to replace bidding system with 6-year gold exploration license: Source
Concession areas to be withdrawn from investors if they were not committed to exploration plan