Energy News
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Apache wants more concession areas in Egypt’s desert
The Apache Oil Company is trying to acquire a large number of new areas in Egypt to search and explore for oil.
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Egypt to study launching renewable energy interconnection project with Europe via Italy
The MoU was signed by Sabah Mashaly, Chairperson and Managing Director of the EETC, and Terje Pilskog, CEO of Scatec ASA.
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Egypt launches 1st gold investment fund
Egyptian asset manager Azimut and investment company Evolve Holding launched Sunday the first gold investment fund in Egypt.
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Fuel prices in Egypt to soon be fixed
Citizens questioned expectations about fuel prices on social media, following large waves of inflation that have been affecting the Egyptian economy.
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Egypt Gas posts 23.6% YoY growth in Q1 net profits
Established in 1983, the company is engaged in the design, installation, operation, and maintenance of natural gas distribution networks.
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Irrigation minister: State exerts big efforts to face limited water resources
The Bahr al-Baqar waste water treatment plant located in northwest Egypt is one of the largest in the world.
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Petroleum Ministry says US “Apache” enhance investments in Egypt
US oil company Apache has plans to increase its investments in Egypt in light of new exploration opportunities in the Western Desert.
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Who Are the Top 500 Companies in Egypt in 2023?
We are pleased to announce the release of the second edition of our report on "Egypt's Top 500 Companies." Download your copy now.
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Egypt, Norway Ink Agreement for New $450 Mln Green Methanol Production Project
The project will produce 40,000 tons of green methanol per year, which could be increased to 200,000 tons annually.
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Egypt’s gold rush shows signs of slowing
The Egyptian gold market is starting to stabilize following weeks of fluctuation due to a surge in demand amid uncertainty about the EGP exchange rate
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Sisi orders optimum management, use of mineral resources, raw materials
The meeting discussed ongoing efforts to promote Egypt’s use of its mineral resources, with special focus on Tantalum element.
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Counting on India, China & Japan in changing world order, says Egyptian official
India & China are big markets, adding that there is huge opportunity for Egypt & India with regard to green energy.
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Demand for gold in Egypt 'doubled' in Q1 2023: World Gold Council
The report revealed that demand for buying bars and gold pounds in Egypt doubled to 7 tons in the first quarter of this year.
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Israel-Egypt Onshore Gas Pipeline Advances With Cabinet Approval
Israel’s gas network operator INGL is set to build a second pipeline aimed at boosting Israel-Egypt gas flows following this week’s Cabinet approval
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Two GCC companies interested in buying Egypt’s Gabal El Zeit, Zafarana wind farms
The two companies are among seven international and local firms interested in the takeover deal, including Egypt-based renewables provider Infinity.
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Embassy of Sweden & Egypt host Energy inter-connectivity event
The Embassy of Sweden alongside the European Union (EU) Delegation to Egypt hosted an energy inter-connectivity event on Tuesday.
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Egypt and UN sign Sustainable Development Cooperation Framework
Egypt’s government had signed a five-year partnership agreement (2018-2022) with the UNPDF.
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Will gold prices in Egypt continue to rise?
The price of gold has now risen in Egypt to follow its daily ups and downs more than once during the one-day dealings in the previous days.
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Project: Zero Liquid Discharge System
Assuit: Implementation of the ZLD system for a power station
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Egypt is lowering oil prices by 15%
CAPMAS reported that crude oil exports fell by 58.8% to reach $243 billion, compared to $590 million during the same period in 2022.