Energy News
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Egypt unveils hydrogen plans for Suez Canal
Egypt has signed seven agreements with seven international developers to develop green hydrogen production plans and renewable energy installations.
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TAG Oil Targets Egypt's Largest Frack, Eyeing Significant Oil Market Impact
TAG Oil embarks on Egypt's largest fracking operation in the Badr Oil Field, signaling a strategic shift in the global oil landscape with over 500m.
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Gold Prices Increase, 21-Karat at EGP 2900 Amid Rise in Global Stock Market and US Dollar Parallel
The 24-karat gold reached EGP 3314, 18-karat registered EGP 2486, 14-karat gold sold at EGP 1934, and the gold pound hit EGP 23200.
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Egypt launches solar energy platform to promote renewable energy adoption
A central monitoring dashboard has been established at the Ministry of Electricity and Renewable Energy headquarters.
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Co. Working To Unlock Great Oil Resources in Egypt
The Canadian oil and gas company is currently trading at about CA$0.48 per share. The return to target from this price is 129%.
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Egypt signs 7 green energy deals to unlock over $40bln of investments
The MOUs are expected to culminate in investments worth $12 billion for the pilot phases and $29 billion for the first phases.
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BP plans to invest $1.5bln in Egypt, Bloomberg News reports
The joint venture, expected to be formed in the second half of this year, will be 51% owned by BP and 49% by ADNOC, the companies said at the time.
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Petronas Lubricants Expands in Egypt, Aiming to Make It African Export Hub
Discover how Petronas Lubricants International is working with EV For Petroleum Services Company to expand its presence in the Egyptian market.
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Romania's CIS Gaz opens new branch in Egypt
The company said it has also delivered the first batch of Romanian-manufactured equipment for the Egyptian government's Hayah Karima project.
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Egyptian, Japanese firms to co-produce atmospheric water generator
This extension builds upon the long-term agreement signed in May 2021 and is funded by the Japan International Cooperation Agency (JICA).
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Egyptian investors consider pumping $380 million to produce sustainable aviation fuel
This fuel is derived from a variety of ingredients ranging from waste oils and fats to sugar crops and some trees and grasses.
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Sisi says Egypt eyes enhancing cooperation with BP in green hydrogen production
The meeting was held on the sidelines the seventh edition of Egypt Energy Show (EGYPES 2024) at Al Manara International Conference Center.
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Shell Global aims for new exploration discoveries in Egypt
Shell aims to acquire new concession areas as part of its efforts to increase production, according to El-Molla.
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Egyptalum, Scatec sign 1 GW solar power station agreement
According to the agreement, the station will be built in two phases, with a capacity of 500 MW for each phase.
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A New Dawn in Egypt: LUKOIL and EGPC Forge Path for Oil Exploration in the Eastern Desert
Explore the game-changing agreement between EGPC and LUKOIL in Egypt's Eastern Desert, set to enhance oil production, and drive investments.
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Egypt eyeing $17 billion in oil and gas investments by 2030
Oil Minister also meets BP and Adnoc officials to discuss their Egypt gas joint venture.
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Dorsch and ECG sign contract for intelligent water management in NAC
Dorsch Gruppe and ECG will set up a joint venture to provide water management services to 6.5 million people in at least 21 residential areas.
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Mulla: Oil, gas production in Egypt set to increase with $17B Investments
The plan also includes enhancing crude oil refining capacities and bolstering petrochemical production, with a total investment of approximately $17 b
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EGYPES 2024: Sisi highlights financing challenges for Egypt, Africa in meeting energy commitments
President El-Sisi underscored the financing difficulties faced by African countries, including Egypt, in meeting climate and energy transition.
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BP plans to inject new investments in Egypt amounting to $1.5B
This comes in light of maximizing the use of land and maritime facilities established to accelerate development and production plans to meet demands.