Latest in Energy Highlight
Latest in Energy
Plus Leasing has allocated EGP 30m to achieve this goal during 2016.
Facility will be allowed for full payment within 30 days for an extra million barrels, says official
In a bid to shore up the Middle East nation’s finances battered by the global slump in crude prices, Saudi King Salman has pledged to diversify the country’s economy and veer off its heavy dependence on oil.
EMG has not been paying for gas in 10 months, we warned about terminating contract several times, says former minister
Ministry of International Cooperation negotiating with Saudi Arabia on long-term petroleum facilities, according to an official source
Company acquired 22.75% in the North Alexandria concession as well as 2.75% in West Mediterranean Concession
Egypt will continue to import gas even after Zohr field discovery to secure urgent needs, says El Molla
IFC’s contribution to energy sector aided in raising the region’s capacity with an excess of 10,000 GW
$280m increase in shareholders’ capital of the company, according to source
Shaker explains terms of IAEA and Russian company to create El-Dabaa nuclear power plant
Funding will be 25%-30% in equity and 70%-75% in bank loans
Actis Fund invested over $700m in Egypt to date, says director
The first phase will consist of two development wells tied back to existing infrastructure, with production expected to start up in 2018, says Dudley
Fines to be imposed on BP and WRE DEA if linking wells to production is delayed
Scatec Solar signed agreements with Egypt to participate in five solar projects at 250MW
The AFDB will give a loan of around $50m to the New and Renewable Energy Authority (NREA) for the project.