Energy News
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Copreci to establish first gas safety valve factory in Egypt
The $7.6 million facility will produce 15 million valves a year and is set to start operations in April 2023.
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El-Mulla unveils $100 million gold refinery project
The project aims to maximize the added value of gold resources and complete the value chain for manufacturing the metal.
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Green Climate Fund contributes $300 mln to Egypt’s world-first climate investment plan
GCF and the Egyptian government announced that Egypt will be the first country to adopt a climate investment plan.
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Creative Power Solutions to set up €5.4mln solar thermal collector production plant in Egypt
The production plant is the first of its kind in the MENA; will have a capacity of 18,000 solar collectors.
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Molla, Lukoil discuss upping investments in Egypt
Molla stressed the importance of the years-long partnership and cooperation with the giant Russian oil company.
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1.3M ounces of gold discovered in Egypt's Sukari mine reserves
The Sukari mine has produced more than 5 million ounces of gold, and today the expected life of the mine is 14 years.
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An Egyptian-Emirati alliance aims to control construction, water and energy projects in the Middle East and Africa
It is worth noting that the Emirati ARJ Group consists of 49 companies. The group covers all sectors of building, construction and investment.
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Energy efficiency is the best way for industry to cut costs and reduce emissions right now
Energy efficiency is our ‘first fuel’ for a decarbonized future.
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Italy's Saipem wins offshore contracts in Guyana, Egypt for around $1.2 billion
The second contract awarded by Petrobel, a joint venture between Eni SpA and the Egyptian General Petroleum Corporation.
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Egypt to host largest edition of EGYPS 2023 to drive global efforts towards sustainable energy
With an inflow of investments projected to expand by $26 billion, Egypt continues to increase its energy exports.
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New ’Narges’ gas field discovered in Egypt’s Mediterranean waters
The new field was named “Narges” and comes after the Zohr field in terms of importance.
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Egypt plans to start mining Uranium in 2024
The EAEA chief noted since crude uranium cannot be used in nuclear power plant reactors, Cairo will have to send it to other countries for processing.
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Egypt seals 108 oil, natural gas deals with international companies in 7 years
The average natural gas production of the country reached 6.5 billion cubic feet a day.
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Egypt approves $5.5 bln green hydrogen project in Ain Sokhna
The project, by Egypt's Green Ammonia Company, will cost around $5.5 billion and offer around 10600 jobs during the construction and operation phases.
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Egypt provides attractive investments climate for oil, gas exploration
El Molla explained that energy security is an important and vital matter, which reflects the importance of efforts to provide attractive investment.
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Egypt to direct 100K MW of renewable energy to produce green hydrogen in 10 yrs
Minister Shaker noted that renewable energy will be a source of income for Egypt like oil over the next few years.
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Egypt burns more heavy fuel oil to free gas for export
The shift towards mazut, which is mostly produced in Russia, allows Egypt to generate electricity more cheaply and export more gas.
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Ecolab to recycle domestic wastewater for irrigation
Egypt wants to improve its performance in wastewater recycling. This is the reason for the agreement with Ecolab.