Latest in Tag: energy Highlight
Latest in Tag: energy
Egypt to implement several reforms in June including eliminating fuel subsidies: IMF
Authorities planning to hedge oil prices, but IMF advised caution, says report
IFC, Ministry of Petroleum help boost critical energy infrastructure in Egypt
The International Finance Corporation (IFC), a member of the World Bank Group (WBG), announced on Wednesday a joint effort with Egyptâs Ministry of Petroleum and Mineral Resources that aims to support Egypt in becoming a regional energy hub for the eastern Mediterranean region as well as improve its energy infrastructure. The IFC signed a memorandum …
Egypt cuts natural gas production for first time since achieving surplus
Country achieves 200m scf/day of gas in surplus after meeting local marketâs needs, say sources
Inpector Capital BV acquires Scimitar Production Egypt Ltd to invest in energy
Inpector Capital BVâwhose majority is owned by Dutch investor Marcel Boekhoornâdeclared that it acquired Scimitar Production Egypt Ltd to invest in the petroleum and energy sector in Egypt. Inpector Capital also announced that it has appointed Erik Vollebregt, an exploration and production industry veteran who served as the commercial and finance director of Shell Nigeria, …
Government keeps 2% in annual fees on land usufruct for renewable energy projects
The government decided to keep the land usufruct fees for new and renewable power plants at 2% of the annual energy produced. Executive Chairperson of the New and Renewable Energy Authority (NREA), Mohamed El-Khayat, told Daily News Egypt that the related law has set the land usufruct fees at 2% for solar and wind power …
Fifth Coaltrans Cairo discusses expansion in using coal in industrialisation
The fifth edition of Coaltrans Conference held in Cairo between 18-19 March discussed the possibilities of using coal as an alternative source of energy. The conference discussed the Egyptian governmentâs desire to shift to using coal in energy generation, along with other numerous industries. Coal has become a necessary adoption thanks to its low production …
MIIC seeks new international funds to set geothermal energy map
Electricity ministry cooperates with Chinese company to store solar, wind energy
Egypt, Denmark agree on boosting cooperation in energy sector
âWe are keen to expand our long-standing cooperation with Egypt,â says Danish ambassador
JICA offers its energy efficiency expertise to Egypt
Egypt dispatch 20 officials from three ministries to Japan
Lafarge Egypt invests EGP 200m to provide alternative source of energy
Company to negotiate with investors to implement projects to generate solar energy in its Ain Sokhna factory in July
Empower partnering with BM Financial Leasing to realise $250m plants to produce energy from waste
Company is first business to sell electricity to government from waste recycling
EETC intends to stop purchasing energy, allow private sector to directly sell production
Electricity ministry committed to current contracts, negotiations underway: sources
Frienergy allocates $200m investments in energy projects
Negotiations with banking institutions to lend $180m, share in funding projects: chairperson of Frienergy
Three companies request land to establish wind farms worth $500m
Land plots of 80 skm needed to launch 400MW energy projects
Kuwait Fund allocates $500m to finance projects in Egypt over 3 years
Cairo received 48 loans worth some $3.3bn until November: Sadeghi
Energy price shock, unemployment tops MENAâs regional risks for doing business: WEF
Report uses results of large-scale Executive Opinion Survey carried out by forum to detect how concerns about global risks differ across regions, countries
Swedish experts share skills on energy, waste management with Egyptian counterparts
Treated household waste in Sweden amounted to 4,783m tonnes in 2017
European Commission refers Germany to court over energy laws
Energy regulation in Europe is a hot topic, not least for US tech giants such as Google. However the latest wrap on the knuckles is for the German federal government over the implementation of EU energy laws.The European Commission is referring Germany to the EU’s highest court over what it says is the country’s failure …
Turning Egypt into a regional energy hub is one of most important pillars for developing petroleum sector: El Molla
Minister of Petroleum and Mineral Resources Tarek El Molla said that the project to turn Egypt into a regional hub for the trade of gas and petroleum is considered one of the main work programmes within the project to develop the petroleum sector currently implemented by the ministry, in accordance with the sustainable development strategy …
Government approves tariff for purchase of energy produced from waste
EEHC sends directives for distribution companies, price at EGP 1.03 per kW
Exploration drilling in Nour field begins in September
A source at the Ministry of Petroleum said that the Italian company Eni and Tharwa Petroleum Company will begin digging the first exploration well of the Nour gas field in the concession area in the Mediterranean after obtaining the necessary approvals from the Ministry of Petroleum. Drilling is expected to begin in mid-September
EEHC negotiates with Shanghai alliance to establish Hamrawein coal plant
Chinese, Egyptian banks financing project
Benban transformer substations ready to transfer solar energy
XD-EGEMAC to complete delivery of last station in two weeks, says Ramadan
Decreasing energy consumption limits global warming
Researchers used combination of bottom-up, top-down analyses
Egypt begins transition to regional energy trade hub this year
Country to implement electricity interconnection between three continents
Energy companies look to raise local components in electrical equipment, improve efficiency
We have capabilities to manufacture 70% of products in Egypt, says president of Wadi El Nile
Israeli gas imports suspension lawsuit: Another stumbling block to Egyptâs energy hub aspirations
Cairo Administrative Court referred on Tuesday a lawsuit demanding the suspension of the approval of natural gas imports from Israel, for violating the Egyptian Constitution and Law No 196 of 2017 regulating the gas market to the State Council Commissioner Authority (SCCA). The lawsuit alleges that allowing natural gas imports from the âZionist entityâ endangers …
Shoukry, Christodoulides discuss energy issues
Egyptian FM asserted need to find solution to Palestinian issue
Mas negotiates with 5 parties to install integrated energy conservation solutions
New Administrative Capital, Juhayna, Coca-Cola most prominent institutions, says Ali
Electricity Ministry, UNDP, AmCham hail successful application of CIB energy efficiencyÂ
The Commercial International Bank-Egypt (CIB) received a special award from the Energy Efficiency Project in recognition of its leading role in supporting and contributing to the national energy efficiency strategy through its various initiatives. The award was presented to Hisham Ezz Al-Arab, CIB chairperson and managing director, during the monthly luncheon of the American Chamber …