Latest in Tag: energy Highlight
Latest in Tag: energy
IMF’s Egypt strategy ill-suited to realities on the ground: ECESR
Regional economic experts say fund’s demands for near-term subsidy cuts not viable
Schneider Electric holds ninth Xperience Efficient conference in Egypt
The conference brings together national experts from business sectors, the government and academics
Energy shortage behind hike in cement prices: Cabinet
Ministry of Environmental Affairs will study the “mixture of energy sources’ used in Europe in cement production.
Lebanon’s new energy minister says government to press on with gas tenders
Reuters – Lebanon’s new energy minister said on Saturday the government should press forward with its first offshore gas licensing round without further delay and his ministry would not be held up by the country’s political problems. Beirut estimates it has some 96 trillion cubic feet (tcf) of natural gas reserves but political dysfunction has …
Egypt boosts efforts to halt energy firm exodus
Reuters – Egypt is enhancing exploration terms and striving to repay nearly $5bn it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa. Cairo needs them to expand exploration and bring new finds to production if it is to keep the lights on …
Boundless natural gas, boundless opportunities: Interview with EIA chief
The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70bn cubic feet a day and is expected to reach over 100bn cubic feet per day by 2040. The trend is likely to continue without hitting a …
40% of agriculture waste left to rot: Federation of Egyptian Industries
Agricultural waste must be recycled and reused to produce renewable energy, says FEI Vice Chairman Tarek Tawfik
Black market revenues of petroleum products total EGP 30bn
Former petroleum minister discusses issue in a meeting with the government
Suez Cement inaugurates €5m waste-processing plant
The new facility is expected to reduce CO2 emissions by 39,600 tons per year, Suez Cement asserts
EGAS reduces gas supplies to cement factories
Titan Cement Company vice president says reduction of gas caused 50% decrease in cement production
Business Media Group organises energy conference
The conference will discuss Egypt’s energy situation and will seek to find alternative energy methods
Government striving to restructure energy subsidies: Assistant to Minister of Finance
The current interim government intends to reach a solution for the subsidies problem before it is replaced
Second annual Power and Electricity Summit to launch in January
Minister of Electricity says summit will discuss the national five-year plan (2012-2017) for electricity expansion
Iran oil, energy investment sanctions still in force : US
Iran and six world powers reached a breakthrough deal early on Sunday to curb Tehran’s nuclear programme in exchange for limited sanctions relief.
Realising Egypt’s gas potential
By Oxford Business Group The start of production at a concession in Egypt’s Nile Delta basin by a German firm has come as welcome news, an indication of the sizable potential offered by the country’s offshore blocks. With local consumption growing, the North African state is looking to balance the need to expand output to …
Ministry of Electricity attempting to overcome energy challenges
The government is studying alternatives to gas usage, investments with foreign companies and is seeking to build wind farms for electricity production.
Ministry of Electricity calls for international tenders for Egyptian-Saudi linkage project
The minister said that he expects to send the list of references to 10 international consulting firms and to receive their technical and financial proposals in order to select the most favourable one.
Tender process for Dabaa Project to begin in ten days: Minister of Electricity
Minister of Electricity Ahmed Imam emphasised that the government would not wait for the next parliamentary elections and would begin the tender process immediately after the cabinet and High Council of the Peaceful Use of Nuclear Energy sanction the project.
Low gas supplies cut into cement production
Titan Cement Company suggests coal as alternative energy source
Saudi and Emirati investments to recycle agricultural waste in Egypt
The investment costs for the first phase reach $600m of joint Saudi, Emrati and Egyptian investments.
OPEC helps finance Egyptian power station
The announcement came after the signing of an official agreement stating that the OPEC fund will contribute $70m to the project.
Government mandates high consumption factories to use renewable energy to meet half their needs
Ahmed Imam, Minister of Electricity and Energy, stated that the decision will seek to have high energy consuming factories meet 50% of their needs using new and renewable energy sources capable of producing 970 megawatts of energy.
Iran nuclear chief ‘optimistic’ on world power talks
The UN Security Council has passed six resolutions since 2006 calling on Iran to suspend key parts of its nuclear programme because of suspicions that Tehran wants atomic weapons, something it denies.
China oil giant buys into strife-hit Egypt for $3.1 bln
Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil and natural gas business of US firm Apache Corp.
Middle East oil will remain world’s key source of fuel
Oriental Planet: Middle East Oil & Gas sector expected to maintain steady growth in spite of significant developments in global energy domain
Smart card project will help fight smuggling: Galal
Minister of Finance presents strategy to automate fuel distribution amid shortages
Qatari liquefied natural gas arrives
Port facilities are not yet capable of importing liquefied gas, but such shipments will allow authorities to allocate more of the fuel supplies to the local market.
A solution for Egypt’s fuel crisis?
The recurring petrol and diesel crises have left Egypt’s streets paralysed and the people angry. Despite the continuity of the diesel crisis throughout the past months, the petrol crisis is primarily affecting Egyptians from middle and upper classes, a phenomenon unprecedented on the current scale. The government has promised the crisis will end once the new smartcard system is in effect. The Daily News Egypt reviews the new system and asks people about the system’s feasibility and convenience to their needs.
Ministers explore coal as substitute to natural gas
The aim of the committee is to study how coal can be used as an energy supplement to meet the needs of the industrial plants such as producers of electricity and cement
Government calls for energy efficient air conditioners
The ministry gave providers a one-year grace period to supply household energy efficient air conditioners