Latest in Tag: energy Highlight
Latest in Tag: energy

Cleaner cooking, electricity can improve millions’ lives
By Dr BjĂžrn Lomborg Nutritious food, clean water and basic healthcare for all may be obvious high-priority targets for the international community, but we shouldnât ignore energy. Reliable and affordable energy is as vital for todayâs developing and emerging economies as it was before the Industrial Revolution. Driven mostly by its five-fold increase in coal …
Petroleum, energy ministers will discuss energy issues with Business News
Business News Media and Conferences Foundation will hold the second annual energy conference entitled “Energy and Future of Investment in Egypt”, under the auspices of Sherif Ismail, Minister of Petroleum, and Mohamed Shaker, Minister of Electricity. The conference will take place in the Intercontinental Hotel â City Stars on the 22Â February 2015. Business News Chairman …

Egypt seeks pivotal role in energy trade: Al-Sisi
Following 25 January Revolution, Egypt has suffered from recurring power cuts

Al-Sisi in Abu Dhabi for high-stakes energy summit
UAE allocated more than $10bn in development aid to Egypt in 2014 alone, says Emirati Embassy in Cairo

Al-Sisi to visit UAE, participate in World Future Energy Summit
Qatar is also expected to participate in the summit

Decline of international oil prices to decrease Egyptâs subsidy bill by EGP 25bn: Dcode study
Negative implications of BOP would lead CBE to adopt more flexible stance toward EGP/USD rate

Government studies allow new cement factories to be established: Prime Minister
Government Economic Group discussion takes legal and economic dimensions into account in expanding cement production

EGP 3bn for Ministries of Supply, Transport, and Electricity: Minister of Finance
Finance to be given to enhance efficiency of the electricity distribution network to renewable energy power plants

50 Italian companies to hold investment talks in Egypt in February: Italian ambassador
Embassy preparing logistics investment meeting in Alexandria during December with Italian and Egyptian transport and freight companies

Dana Gas, Egyptian government negotiate agreement, with UAE support
âEgyptâs economic stability is a mustâ: UAE Minister of State Sultan Al-Jaber

Opportunities, challenges for investment in Egyptâs renewable energy sector
âInvest in Egypt 2014â conference kicks off in Abu Dhabi, amid speculation on the countryâs potential for green energy

âOur investments in Egypt are continuous and will not stopâ: PepsiCo chairman
PepsiCo has injected $600m into Egypt over the past three years, of which $270m were supplied last year, and hopes that its investments will expand in the near future

British Gas postpones project due to late payment of government dues: Egygas official
Extension of Borollos fields project delayed until early 2016, claims official

Egypt-Saudi Arabia electricity project tendered before monthâs end: Saudi official
Technical specifications for projects required extra time, undersecretary of the Saudi Ministry of Electricity said

Orascom Construction to launch IPO in February: Nassef Sawiris
Company won international arbitration case against petroleum ministry but decided not to act upon it, the businessman says

At least 4 solar power stations to be established for government institutions to work with renewable energy â tenders out for 4 more : Onera chairman Wael El Nashar
Amid Egyptâs energy crisis and worsening power outages, the government has indicated that new and renewable energy could be part of the solution. The Daily News Egypt conducted an interview with Wael El Nashar, board director and chairman of âOnera Systemsâ, a renewable energy company. Will Onera Systems manufacture solar cells in Egypt instead …
Euromoney Conference: Siemens addresses the energy challenges of Egypt
Siemens, the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare, demonstrated today the importance of dialogue between the public and private sectors in Egypt through its participation in the Euromoney Egypt financial Forum held on September 16th and 17th under the slogan: âStability, Investment and Growthâ. Siemens participation …

Egypt can still attract foreign investment of $10bn in 2014-15: Investment minister
Ashraf Salman says energy investment is top priority

Daily increase of 100m cubic feet of gas production in Egypt
Deficit in fuel for electricity and gas equivalents now stands at 4m cubic metres daily at the expense of factories

Power crisis threatens industrial sector
Daily reduction of 725m cubic feet of gas at factories; gas supply to EBIC, Alexandria Fertilizers, and Egyptian Fertilizers stopped

Electricity ministry aims to attract private sector investment for Inga dam
A connection will be made between the Congolese and Egyptian dam, says undersecretary of electricity ministry
Qalaa Holding sees EGP 8bn capital increase
Company records 46% surge in gross profit year-on-year, report says

Delay in imports of gas for electricity threatens the industrial sector in Egypt
EGAS stopped pumping gas to MOPCO, EFC, and EBIC factories; reduction of 80% of gas needs of cement plants

Nuclear plant tender to launch by yearâs end; winning country to finance project: El-Osery
Project could cost up to $5bn and will be implemented over 5 years, nuclear expert

1,300 MW addition to electricity grid in August may not end power outages: Energy expert
Energy expert Mohamed El-Sobky says if natural gas supplies to power stations do not increase, power outages will continue
Irrigation development project to provide 10bn cubic metres of water: Agriculture minister
Project targets 5m acres of land over the coming 10 years to achieve greater growth rates, increase agricultural lands and create 1.6m jobs
IDA demands the removal of rebar from energy-intensive list
Industrial Development Authority wants to end requests being sent to SCE for approval

Cement production to be impacted by energy cuts and higher fuel prices
The governmentâs decision to cut natural gas subsidies to factories followed shortly after the reduction of petroleum subsidies on Saturday.

Iron producers demand customs duties, protection fees on imported steel following energy price increases
The government had recently increased natural gas prices by $3 for the iron and steel industry, bringing the total price to $7 per million BTUs.

Petroleum price hikes spark widespread outcry
âThugsâ forcing fuel stations to sell at old price yet police are unresponsive, petrol station manager