Latest in Energy Highlight
Latest in Energy
Increasing the quantity of gas imports will meet the demands for economic development, says Petroleum Minister El-Molla
Brent hike moves Aramco bill to $350m this month
Ministry of Electricity and Energy awaits cabinet’s approval to conclude signing of agreement to carry out first phase of project within two months
Safbon is planning to establish drinking water desalination and waste recycling plants in Kafr El-Sheikh, Fayoum, and Cairo
The solar-powered Solar Impulse aircraft is preparing for a landing in Spain after crossing the Atlantic Ocean. It is the latest stage in the record-setting, round-the-world, fuel-free voyage.
Shell reduces number of new wells to 19 wells to develop gas production, 10 wells to inject water into, and 4 wells to explore for gas
MoUs signed during Al-Sisi’s visit to Japan to be activated within five months
Ministry of Electricity and Renewable Energy plans to produce 300 MW from the small solar power plants in the first phase—via the feed-in tariff system—and 1,000 in the second phase
Visionary electric carmaker Tesla has announced it is aiming to buy US solar panel producer SolarCity with a view to creating a powerful clean-energy unit under one roof. Shareholders were divided over the takeover bid.
Early production will bring up to 300m cubic feet per day starting 2018
The solar-powered plane took off on the last ocean crossing leg of its round-the-world flight from New York early on Monday. If things go according to plan, it should arrive in Sevilla, Spain, on Friday.
Egypt is still mired in an expensive and time consuming arbitration with UFG for providing natural gas to the domestic market.
Spanish renewable energy group Gamesa has agreed combine its wind power business with those of Germany’s Siemens in a deal that will create one of the world’s largest makers of wind turbines.
The oil price is unlikely to rise much further, as inventories stay large and the market remains oversupplied – despite steady demand growth and production disruptions like wildfires in Canada.
Bloomberg New Energy Finance (BNEF) projects that in most countries, solar PV will be the cheapest form of new electricity generating capacity by 2030. It predicts several major shifts in power markets.
Offer expires after two months
30 wells will be drilled to extract gas from limestone layers in Western Desert
The company beat seven advertising agencies for the 3-year contract
A source at the ministry said investors were due to pay the third instalment of the cost-sharing agreement, worth EGP 9m, this month. However, it was delayed for 30 days after investors asked for an extension to pay the remaining value on the agreement
Eight companies to submit their offers to supply 250,000 smart meters on 12 July
The German government has agreed on a new reform of electricity markets. It’s likely to slow down the transition to a clean energy future, removing wind from the sails of the German Energiewende. Critics are appalled.
The discovery is located 12 kilometres from the shoreline
The Gulf’s support reduced the pressure on the budget and stabilised consumption in factories and homes
Signing new projects and providing fuel to plants are among the most prominent directives of the president
Germany’s renewable energy reforms ‘a step backwards’
A new renewable energy report shows that around the world, $286 billion was invested in renewables in 2015 – the most ever. But the head of the network behind the report says that’s not enough to protect the climate.
Japan is rethinking its energy diet and could announce a shift away from nuclear power as soon as next year. Scrapping nuclear would mean more renewable energy generation, but also a heavier reliance on coal.
The station includes four 1200 MW capacity power units to be implemented over 7 years
German energy giant RWE has posted better-than-expected earnings for the first quarter of the year. But the utility continues to grapple with slumping electricity prices and the nation’s gradual exit from nuclear power.
Egypt is an ideal model for attracting companies operating in the solar power sector, says Acwa Power Egypt director