Energy News
-
Egypt Leads Arab Countries with 32 Green Hydrogen Projects
The minister said that Egypt has an integrated strategy to localize the industry, production and export of green hydrogen in the SCEZ.
-
Egypt’s consortium to import US shale gas, addressing natural gas shortage
Sidi Kerir is one of several major companies in the fertilisers and chemicals sector that had to halt production after suffering from gas shortage.
-
TAQA Arabia, Voltalia Sign Renewable Energy-Green Hydrogen Framework Agreement
The project will be implemented in two identical phases, each comprising a 500 MW electrolyzer powered by more than 1.3 GW of solar and wind energy.
-
Egypt looking to raise target for renewable energy to 58% by 2040
Shaker told an Egypt-EU investment conference that the government hoped to publish the new strategy in the next two to three months.
-
Egypt signs 4 agreements worth $33B to establish green ammonia projects in SCZone
Egypt has secured agreements worth $33 billion for 4 green ammonia projects during the 2nd day of the Egypt-EU Investment Conference.
-
Egypt addresses energy shortages with ambitious construction of 10 Gigawatts of wind power in 2026
This ambitious project, which will be one of the largest in the world, is expected to generate a substantial 10 gigawatts of energy in 2032.
-
Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously.
-
Egypt, EU Consortium to Invest €7 Billion in Green Hydrogen Initiative
The conference featured the signing of a crucial cooperation agreement focused on the production of green hydrogen and its derivatives.
-
Fertilizers giant MOPCO suspends operations over gas supply shortage
State-owned Misr Fertilizers Production Company (MOPCO) said on Tuesday it has suspended operations at its three plants.
-
ADES, SUCO Seal Jack-Up Drilling Contract in Egypt
ADES Holding Company has announced the official signing of a Jack-Up Drilling Contract with Egypt’s Suez Oil Company (SUCO).
-
Egypt’s Energy Challenges and Their Political Implications for the War in Gaza
The mobilization of the Houthis in Yemen to help Hamas led to a drastic decrease in the traffic of ships through the Suez Canal.
-
Economist: Gold will become the new reserve asset by 2030
Over the past few decades, the United States has tended to export Treasuries and reduced the export of everything else, and that is what is changing.
-
How Egypt became home to the world's largest water treatment facility
The New Delta Irrigation Water Treatment Plant secured four Guinness World Records for its size, capacity, and advanced technologies.
-
Egypt's Abu Qir gas hub sold
Energean plc has recently announced selling its assets in Egypt, Italy, and Croatia to Carlyle International Energy for $945 million.
-
Egypt, home to the world's largest water treatment facility
The plant has a remarkable production capacity of 7.5 million m3/day of agricultural drainage water.
-
Egypt's recent LNG tender for summer delivery has up to 6 months deferred payment
Egypt's recent tender seeking 17 cargoes of liquefied natural gas (LNG) for delivery during summer months includes a deferred payment of up to 6 mon.
-
Aton Resources Strikes High-Grade Gold in Egypt
Aton Resources Inc. has reported promising results from its latest surface sampling at Abu Marawat Concession, Egypt.
-
10GW Wind Farm in Egypt Advances Towards Construction
The agreement grants the consortium access to a 3025 km² area of land in West Suhag, allowing them to conduct essential development studies.
-
Egypt's Gold Reserves Climb to EGP 456 Billion
In addition, the Central Bank recently announced that Egypt's net foreign reserves stood at $46.125 billion at the end of May 2024.
-
UN to continue backing Egypt's sustainable development efforts
In 2023, the UN funded activities in Egypt amounting to approximately $209 million.