Latest in Tag: energy sector Highlight
Latest in Tag: energy sector

DNE survey shows confidence, optimism of companies about Egypt’s energy sector
Participants expect further expansions, investments in new projects, forecast drop in electricity prices

Can artificial intelligence in the energy sector help solve the climate crisis?
Artificial intelligence conjures fears of job loss and privacy concerns — not to mention sci-fi dystopias. But machine learning can also help us save energy and make renewables better.Artificial intelligence (AI) is infiltrating every corner of our lives. Video streaming services use it to learn our tastes and suggest what we might like to watch …

Investment opportunities in energy sector increasing after economic reforms: Minister of Electricity
Investments of production, transmission, distribution will amount to $25bn until 2020

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

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

Siemens energy sector achieved sales of €17bn in 2015
Siemens targets sales of €85bn this year in three fields

British businesses must be partners of choice for Egypt’s energy future: Donaldson
British Gas and British Petroleum have together invested almost $40bn in developing Egypt’s energy sector

Egypt’s government adopts holistic approach to reform the energy sector: AfDB
AfDB hopes reducing energy subsidies in Egypt to 3.3% in FY2016

New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive
Gas discovery will, however, enhance economy, reduce budget deficit and create job opportunities, says Abu Bakr

Weakening outlook for global economy amid fears over China: Merrill Lynch Survey
Merill Lynch, the Bank of America’s (BofA) wealth management division, released on Tuesday the results of its Fund Manager Survey for August. It showed a weakening outlook for the global economy amid fears over China, recording low sentiment towards emerging markets and the energy sector. While the concern over a Chinese recession continues, global investors …

Drake and Scull seek entry into oil and gas sector
Company will pursue “promising opportunities” in Egypt’s domestic oil and gas markets with private and public sector strategic partnerships

Shale energy production spike revolutionising energy sector
The industry’s biggest danger was no longer a drop in oil reserves, but rather technological limitations preventing exploitation of energy resources