Latest in Energy Highlight
Latest in Energy
Aqua Power, Alcazar await government approval to build 2 wind farms for worth $700m
Selling price ranges from 3.6 to 3.8 cents and the allocation of land after the approval of “ministers”
Government did not inform parliament of upcoming increases in fuel prices: Hegazy
Fuel prices may rise before the end of the current fiscal year as part of the economic reforms undertaken by Egypt to obtain a loan worth $12bn from the IMF, while in the Q2 and Q3 of the current fiscal year, there aren’t any intentions for increasing prices
Egypt, Saudi Arabia postpone settling tenders for electricity connection to next year
Cesi hired as a new project consultant after TGS completes tasks
Coal can help address challenge of intermittency in renewable energy supplies
GE installed more than 150 gas and steam turbines in Egypt generating 15.5 GW of power
Petroleum Minister looks into expanding Midor refinery with Italian Technip
The total value of the investments in the two projects is estimated at $3.7bn, says Petroleum Ministry report
Vallourec, BAPETCO agree to supply tubular solutions to Egyptian gas wells
The agreement stipulates supplying tubular solutions to up to 70 gas wells of an onshore project in the Western Desert of Egypt
NREA to receive offers to implement wind farms, solar plants: El-Khayat
Cabinet approved offering tenders to establish 600 MW solar plants
EETC flares investments after turning energy shortage crisis into opportunities
Investments worth EGP 60bn during last year, EGP 82.5bn targeted by the end of the current fiscal year
Egypt to solve energy issue after implementation of 21 petroleum projects within 3 years
The petroleum sector is starting to regain its strength after the difficult period that followed the 25 January and the 30 June revolutions. The sector managed, over the past four years, to achieve distinct results in all petroleum fields after the return of political stability and security, backed by efforts and procedures made by the …
Shell positioning itself as Egypt’s preferred future partner of choice: Gasser Hanter
The Apollonia project can boost Egypt’s unconventional oil/gas exploration and production
Benban, Aswan, brought back to life
Daily News Egypt witnesses preparations of investors to establish solar power plants
Egypt’s energy future between reality and fantasies
Egypt is the second largest producer of natural gas in Africa after Algeria, yet Egypt’s power generation infrastructure is dependent on natural gas. More than 75% of the electricity generated in Egypt comes from natural gas plants. Egypt currently produces about 3.9bn cubic feet of gas per day and imports another 1-1.1bn cubic feet per …
Vortex acquires TerraForm’s 365 MW UK solar portfolio
The transaction makes Vortex one of the largest renewable energy-focused investment vehicles in Europe
Egypt to receive Iraqi oil next week
First shipment will be 2 million barrels, according to Ezz El Regal
5 companies granted temporary licences to produce solar energy
The flotation of the pound increased the price of licences
Egypt obliged to pay $2bn in compensation to Israel for halting gas exports
Israel put pressure on Egypt to ease conditions for importing gas from its fields, says former Petroleum Minister
Aman and Petrotrade cooperate to collect gas bills electronically
Petrotrade clients can now pay their bills through Aman outlets anywhere in Egypt, says Wahby
Commercial operation of Siemens power plants to begin next week
Siemens will add 1,200MW to the electricity grid from the Beni Suef power plant, and 800MW from New Administrative Capital and Borollos power plants
Egypt exchanges 770MW of electricity with Jordan and Libya
Ministry of Electricity aims to increase the electricity connection with a number of neighboring countries to about 2,000MW by next year
Military Production Ministry to cooperate with Samsung to manufacture solar panels
The agreement aims to establish a solar panel factory at Benha with an annual capacity of 200MW
Government considers applying new electricity tariff in July
Action takes into consideration low-income citizens, sources at the Ministry of Electricity say
4,000-MW surplus before inaugurating Siemens power plants
Siemens’ power plants are linked to the national grid but are not commercially operational
EEHC contracts with Tractebel to evaluate offers on Hamrawein plant
The Belgian consultancy office will review the bids of seven global companies and coalitions, says El Desouky
Electricity Ministry to pay EGP 700m of fuel arrears to Petroleum Ministry
We aim to increase monthly amounts to EGP 1bn, says official
Arab companies are seeking to invest in Egypt’s energy sector
Safwan allocated $2m for oil field testing, while Al Mousa is targeting sales of $35m during 2017
Unpaid dues to electricity ministry register EGP 1.2bn at end of December
The unpaid dues of business sector companies to the Ministry of Electricity and Energy amounted to EGP 1.2bn at the end of December. Sources from the Egyptian Electricity Holding Company (EEHC) said that the ministry suffers from a lack of liquidity, which may affect the electricity supply. They added that business sector companies, a number …
The launch of new and renewable energy projects in 2017
Companies confirm the attractiveness of the investment sector and demand additional incentives and acceleration in the proceedings
31 companies participate in 2nd phase of feed-in tariff projects with $3bn investments
1,845 megawatts targeted to be produced through solar and wind plants in Aswan and Gulf of Suez
Media Production City negotiates with AOI to establish solar power plant worth EGP 17m
Sources in Media Production City said that they are currently studying AOI’s financial proposal for the project
Operation, maintenance for electricity plants to cost EGP 11bn in 2017: Electricity Ministry
Electricity Ministry collects EGP 7bn in bills revenues, awaits EGP 4bn from the government