Energy News
-
Egypt, UAE Sign $3B MoU for Petroleum Logistics Projects
Egypt aims to mirror the integrated system operated in Fujairah, deploying it at Egypt’s Hamra Petroleum Port on the Mediterranean coast.
-
Egypt closer to launch of carbon certificate market
The new regulated market represents a milestone in Egypt’s environmental and financial sectors.
-
AOI inaugurates first gas stove safety valves production line in Egypt
The ABD aims to supply valves to the local market to meet the increasing demand, in addition to exporting to Arab and African countries.
-
Egypt Discusses with Russia's "Rosatom" Investment Opportunities
The company delegation expressed interest in a number of partnership and investment opportunities with companies affiliated with the ministry.
-
Egypt's gold: From a cultural legacy to an economic shield
Gold continues to play a crucial role, not just as a symbol of wealth but as a strategic financial asset amidst economic uncertainties.
-
Egypt, UAE Discuss Cooperation in Energy Domain
The two countries enjoy advanced infrastructure, especially in the areas of storing and trading oil and petroleum products.
-
Egypt plans to set up 2 hydroelectric projects with capacities of up to 2,000MW
The investments in these initiatives are projected to reach $2.5 billion, attributing to the advanced technologies employed.
-
Egypt to boost natural gas production by 5B cubic feet per day by end of 2024
This move aims to integrate additional wells into the production system in the upcoming months, as per the source.
-
Assiut $3 bln diesel production complex almost finished
The new diesel production complex in Assiut is almost finished with 78 percent progress, according to a statement by the Ministry.
-
Are Renewables an Answer to Egypt's Energy Crisis?
The immediate priority has been to keep the lights on as it urgently seeks new gas import options while pursuing an upstream drive.
-
Egypt gold jewellery demand rose 2% in 2Q 2024
This occurred after prices decreased when the currency situation improved following the IMF loan, according to the WGC report.
-
Fertilizer Factories Operating Regularly after Natural Gas Back up
This came during a meeting Wednesday with the ministers of agriculture, business, and petroleum to follow up on the situation of fertilizer production
-
Petrojet Achieves 1,620-Meter Tunnel Excavation for Fourth Metro Line
This stretch covers the distance between Hadayek Al-Shagar station and Hadayek Al-Ahram station.
-
Greening the desert: is Sisi’s grand plan using up all of Egypt’s water?
The ‘Future of Egypt’ envisages turning tracts of desert into farmland to grow crops for export.
-
EGPC, Shell, Petronas Sign $222 Million Agreement for West Delta Development
This comes with a total investment of $222 million, and a commitment to drill three wells to produce natural gas and establish marine facilities.
-
Egypt considers purchasing floating regasification unit with Jordan
Egypt is considering a partnership with Jordan to contract an international company to purchase a floating gasification unit.
-
Initiative to install solar cells on rooftops at Alexandria Free Zone to be launched soon
A number of mechanisms have already been adopted by some investors to reduce emissions and boost the recycling of minerals and water.
-
Egypt Signs Landmark $120 Million Agreement with Cheiron
The agreement is sealed between EGPC; Cheiron Energy and KUFPEC to pump new investments for boosting development operations.
-
Minister of Investment inspects factories implementing sustainable processes in Alex
The Alexandria Free Zone hosts 417 projects, making it Egypt's largest and most export-orientated free zone.
-
GUPCO to invest $226 mln in drilling 5 petroleum wells in Egypt
The Gulf of Suez Petroleum Company (GUPCO) will drill five new developmental petroleum wells in the North Safa and Al-Wasl fields.