Latest in Energy Highlight
Latest in Energy
2 new petrol, diesel complexes to serve Upper Egypt: El-Molla
The complex, worth investments of $450m, is a vital project in the ministry’s refining and industrialisation strategy as part of the sustainable development plan for Egypt’s Vision 2030. The strategy aims to secure fuel supplies both for the local market and development plans for Upper Egypt.
Al-Sisi directs for expansion in natural gas vehicle conversion
Al-Sisi’s remarks came during a meeting with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Tarek El Molla.
Egypt is hub for international energy interconnections, corridors: Electricity Minister
Egypt’s first nuclear reactor is expected to be connected to national grid by 2026 end or early 2027, says Minister Mohamed Shaker
Dana Gas signs agreement to sell onshore assets in Egypt
The company however, will continue to retain its onshore and offshore exploration concessions El Matariya (Block 3) and North El Arish (Block 6).
Egypt aims to increase electricity generation based on renewables to 60% by 2035
Government negotiates with foreign investors to establish new renewable energy projects with capacity of 2,000 MW
Egypt keeps fuel prices on hold for 3 months
Fuel prices currently stand at EGP 6.25 per litre of octane 80 petrol, octane 92 petrol stands at EGP 7.5 per litre and at EGP 8.50 per litre of octane 95
Energy transition poses credit risk to national oil companies: Moody’s
Exposure to prolonged low oil prices for NOCs in countries relying on oil exports to cover public spending, such as GCC, will be particularly at risk
Wind farms revive renewable energy investors’ aspirations: Media Avenue round table
Participants in discussions are demanding speeding up of procedures and for laws to be passed
6 companies compete for Gabal Al-Zayt wind station operation, maintenance
List of interested parties includes Vestas, Siemens Gamesa, and Orascom
NREA issues tender for operation, maintenance of Gabel El-Zeit wind station
The NREA announced that a session to open the technical envelopes will be held on 11 October, with a further session to be held to discuss bidder inquiries next Thursday.
EgyptERA pursues solar energy users by charging amalgamation fees
Companies demand review of decision controls, submit proposals for continuation of projects
700,000 requests submitted in switch to code electric code meters
The requests covered all nine of Egypt’s electricity distribution companies nationwide, including the Canal, Upper Egypt and Central Egypt electricity distribution companies.
Ib vogt sells Benban Solar Park PV plant to UAE’s Masdar
The two companies have also signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three further solar parks, also located in the Benban Solar Park. The three solar parks have a combined volume of 166.5 MWp.
Investment controls for charging stations, EV tariffs presented to Egypt Cabinet
Proposed electric bus tariff set at 100 piasters kW/hr for medium voltage, 121.3 piasters kW/hr for low voltage
Eastern Mediterranean Gas Forum upgraded to regional organisation
The charter was signed on Egypt’s behalf by Minister of Petroleum and Mineral Resources Tarek El-Molla.
Egypt signs 6 new gas exploration agreements worth $731m
Current natural gas production hits 7.2bn cubic feet per day, says EGAS chairperson
Egypt implements Sinai, Suez electricity network to improve energy services
Electricity sector investments will see four control centres constructed to support Sinai, Suez Canal electricity network
EgyptERA cancels electricity violation report against Mousa Coast Resort in Ras Sidr
Misr Italia Company for Tourism Development was given a period of two months to complete the documents required for the annual licence renewal for fiscal year (FY) 2019/2020.
Egypt’s cabinet studies investment regulations for EVs charging stations
EgyptERA approved regulations, paving way for interested American, German, Chinese, and Italian companies
Egypt launches tender for environmental assessment of Saudi Arabia electricity Interconnection project
EETC to receive technical, financial offers from consulting firms until 1 October
Eni, BP announce new gas discovery in Egypt’s Nile Delta
The announcement added that the discovery has added significantly to the gas potential of the great Noroos area.
20 companies compete to win 2 solar plants tender in Damietta Port
Well-informed sources have told Daily News Egypt that the list of companies include: the Arab Organization for Industrialization (AOI); Tripel M; Onera; Solar Installer; Smart Home; I Solar; Egypt Power; Modern City; and Golden Solar; Shams Masr; TEC-MERGE; Creative; and Egyptian Modern Systems.
Siemens Energy to link Alexandria’s Bashaer El Khair City to power grid
Siemens said that the grid connection project will help supply electrical power to more than 25,000 residential units, in over 250 buildings and service centres.
Al-Sisi urges more cooperation with Italy’s Eni in oil sector
Egypt is important partner for Italian company’s international activity, says Eni CEO Claudio Descalzi
NREA, BELECTRIC to sign solar plant deal in Egypt within weeks
NREA is preparing to launch two solar tenders in Kom Ombo, Hurghada, says Mohamed Al-Khayyat
Preparations commence on drilling 3 West Nile Delta gas wells costing $250m
Natural gas sales from Rashid and Burullus companies amounted to about 309m scf/day
Schneider Electric supports Beirut reconstruction through ‘Tomorrow Rising Fund’
Company distributes 1,000 solar powered searchlights to families, says regional president
Siemens, ETHYDCO undertake 10-year contract for preventive maintenance
German giant to provide maintenance of three gas turbines at ETHYDCO industrial complex
Upgrading electricity consumption patterns confuses subscribers
July electricity bill collection rate did not exceed 80%
ABB launches $30m EV charger production plant in Italy
Company aims to sell its EV chargers in Egypt after getting government’s approval