Latest in Energy Highlight
Latest in Energy
EGPC pays $3.1 per million BTUs produced from North Alexandria fields
The Egyptian General Petroleum Corporation (EGPC) is paying about $3.1 per million British thermal unit (BTUs) of British Petroleum’s(BP) share of the gas currently produced from the fields of northern Alexandria and the deep West Delta in the Mediterranean, according to the price formula linked to oil prices in world markets. A source at the …
Minister of Electricity meets with heads of distribution companies to discuss high bills complaints
False readings among reasons, solution is prepaid meters
Oil prices fell to $53 due to increased supply
Talks to extend OPEC deal to cut oil production in 2019
Egypt to start first phase of electricity interconnection with Sudan within three weeks
electricity exchange capacity with Jordan, Libya to reach 1,000MW
Fuel economy question, lubricants’ role in achieving it
New adopted rules call for average fuel efficiency across manufacturer’s fleets to reach equivalent about 92 mpg by 2030, up from 57 mpg in 2021
EETC signs agreement with Lekela Power to set up wind station next month
Three institutions lend $245m to project, OPIC funds Egypt for1st time
Schneider Electric supplies El-Hayez village in El-Wahat El-Bahariya with clean water using solar energy
Company creates irrigation system for 140 feddan
North Cairo Electricity Distribution Company receives offers to establish control centre, supply metres
Siemens, Toyota alliances compete for execution, JICA finances project
OAPEC ministers meet for 101st round in Kuwait
Reappointment of Al Bassam & Partners as auditor
Period of inspections, payment for coded electricity meters extended for 2 months
Council of Ministers competent authority to open door to receive new applications: al-Far
Fuel imports costs $450m monthly
Gasoline, diesel, butane account for largest part of imports, imports will be cut in 2019, as several new refining units in Egypt spring into action
EEHC to sign Al Nowais coal-fired power plant contract in Q1 of 2019
Station located in Oyoun Musa area of South Sinai, with capacity of 2,650MW
Infinity Solar requests to establish $300m solar power plants
Company obtained approval to establish 100MW IPP power plants: El-Gamal
EGPC pays $4 per million BTUs for gas produced from Zohr field
Agreement to pump entire production of field to local market, but in event of decreased domestic consumption, it is possible to allow exports
EgyptERA’s board formation delays meetings on electricity price hikes
All consumption segments to see increases in prices at variable rates by next July: sources
Edison confirms commitment to Egyptian projects in 2019
Edison remains firmly committed to Egypt, and is currently preparing important drilling campaigns for, as initially planned,
EEHC stopped 18,000 MW production units for lack of demand
List includes Siemens, Urgent Plant, Attaqa, Mahmoudiya, and Kafr El-Dawar power plants
The Fraunhofer Alliance conducts technical, marketing studies for establishment of solar panel plant
Annual production estimated at 1,000 MW to cover domestic market, export surplus
EAEA targets EGP 100m in revenues in FY 2018/19: chairperson
Supplying radioisotopes to 60 medical centres, estimated sales of EGP 15m
Solar power plant saves EGP 10,000 per month on electricity bill
Capacity is equivalent to planting 12,900 trees, cuts emissions by 129 tonnes
Philips Lighting’s investments in the Egyptian market to rise by $3m
We seek to export products manufactured in Egypt to African countries: Abo El-Azayem
Edison quits gas exploration in Mediterranean’s concession areas
Two areas are offered to global companies in 2019 tender: source
TAQA Arabia, Alcazar, FAS to complete establishment of solar power plants in 2 weeks
150 MW power plants to be launched, $5m fine on Saudi company for delayed implementation
Foreign partners’ investments in petroleum sector to reach $11bn by end FY 2018/19
Petroleum Ministry pays $650m monthly to buy partners’ share: source
Egyptian-Italian business relations recovering
Companies, investors from Cairo, Rome seeking partnerships, cooperation in sectors of energy, water, transportation
Egypt settled 99% of international arbitrations: El-Molla
Programme launched to improve efficiency of oil, gas sector
Strict conditions on suppliers working within project to reduce risks: Milchenko
Measures ensure contracts effected within reasonable timeframe, avoid mistakes which may hinder work
“Rosatom” explains to Egyptian companies rules and requirements of supplies of “Dabaa” nuclear plant
200 local institutions participated in Nuclear Industries Suppliers Forum, most prominently Orascom, Hassan Allam, Arab Contractors
Rosatom prepares to launch two tenders for construction work in Dabaa nuclear plant
First nuclear reactor to operate by February 2026: Kovatnov
EAEA receives Dabaa nuclear plant’s documents to review them in January
Nuclear energy plant being implemented has highest degree of nuclear safety