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Optimism among energy investors amid demands to accelerate tenders, projects
ACWA Power to start establishing “Luxor” and “Kom Ombo” stations with 2.45GW capacity
UAE’s Al Nowais to establish 700MW renewable energy plants in Egypt
The Emirati company would build a 200MW solar plant in Kom Ombo region of Aswan with $200m investments, and the EETC would buy the plant’s production at about 2.48 piasters per kWh
Energy prices, bank interests are the industry’s biggest obstacles in Egypt: Mohamed Hanafy
We can compete abroad only by reducing the cost price, says director of the Metallurgical Industries Chamber at FEI
Egypt’s energy capabilities exceed its needs: Vice President of World Energy Council
Our main objective is to provide energy for everyone at reasonable prices, says Elham Ibrahim
Egypt receives $2bn worth bids to establish waste-to-energy projects
Arab, foreign companies find appetite to invest in the sector after cabinet’s approval of feed-in tariff
MedaWeek Barcelona 2019 to tackle circular economy, energy revolution
From 20 to 22 November, authorities, businesspersons from both shores of the Mediterranean will meet to tackle the economic and social challenges of the region
Egypt sets waste-to-energy purchasing tariff at EGP 1.4 per kw/h
Earlier, Daily News Egypt reported that several government agencies will share in the purchasing tariff of electricity from waste-to-energy plants for two years, bearing 37 piasters to be added to the original tariff of EGP 1.03 to reach EGP 1.40 per kw/h.
Solar market rebounds despite lack of funding, awareness
A total of 332 small power plants were connected to the national grid, outputting 23.5MW
African Development Bank invests $1.7bn in Egypt’s energy sector since 2007
“We seek to implement Sahara Transformation Initiative to produce 10GW,” says Shonibare
Egypt starts digitalisation of energy grid: Electricity minister
The Chinese proposals include innovative solutions in the fields of communications and information technology to build a strong, flexible, and safe electricity grid, Shaker said.
1% improvement in resource, energy efficiency could save $275bn for Asia-Pacific: UNESCAP chief
Nothing less than a full transformation into a low-carbon economy to avert the impacts of climate change, says Ovais Sarmad
UNIDO allocates $5.6m to finance energy efficiency improvement projects in factories
Allocated financing to be used in solar heating and electric motors
Egypt inks energy cooperation MoU with US Department of Energy
The MoU aims to create boost cooperation, and to facilitate the sharing of technical knowledge and expertise.
Egypt, EU agree on €110m projects for 2020 in energy, water, trade, investment and local development sectors
The projects, worth €110m come as part of the €500 Single Support Framework (SSF) for EU to Egypt 2017-2020.
Egyptians brace for rising prices due to fuel subsidy cuts
Egyptians are bracing for higher prices despite recent declines in food prices as fuel prices increase throughout the country
EU to launch €20m energy project in Egypt
Union to announce financial support for EMGF next week, says Surkoš
BP to link 250m scf/day of gas to production from Giza, Fayoum this week
Total production of two fields in Mediterranean Sea is 680m scf/day per day
Mozambican President Nyusi visits NWRC, discusses boosting bilateral cooperation
Egyptian irrigation minister briefed Nyusi on NWRC departments
Electricity Ministry pays EGP 33bn of debt to Petroleum Ministry
Finance Ministry increases EEHC capital by EGP 2.7bn
NREA to receive construction offers for Gulf of Suez wind power station in July
Technical evaluation of Siemens Gamesa, Vestas, Senvion tenders are completed, says Al-Khayat
Oman reduces import of Egyptian gas to 75m scf/day
A source at EGAS told Daily News Egypt that the quantities needed by the Jordanian side during the current period range from 75m to 150m scf/day
“We are studying offers from international companies take over power plants”: Prime Minister
The meeting was attended by the Minister of Electricity and Renewable Energy, Mohamed Shaker
Argentina, Uruguay suffer massive power blackout
Blackout affected around 50 million people
Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt
Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv gas: Source
EEHC to complete analysis of power control centre offers in 3 weeks
Siemens, GE, Schneider Electric competing for implementation
Egypt targets gasoline deficit of 3.8% in FY 2019/20
Surplus of jet fuel production 3.43m tonnes in next FY, says source
El Sewedy acquires Greek RF Energy for €55m
NBG funds 75% of deal expected to be sealed end-June
El-Molla discusses investment expansion with Total, Axens CEOs in Paris
“The opportunities in the field of natural gas in Egypt are the most attractive in the world, and they reflect the increasing investor confidence in the Egyptian economy,” Boyan added.
EETC to implement EGP 19.5bn worth of projects in FY 2019/20
The of the Egyptian Electricity Transmission Company (EETC) is seeking to implement projects with the budget of the fiscal year (FY) 2019/20 with investments up to EGP 19.55bn.
Government reviews oil hedge rates after sudden fall in oil prices
State budget bore $5 difference in price of barrel for JP Morgan, Citibank