Energy News
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AFDB loan for green programme
The Board of AFDB approved an 83-million-euro loan to finance the second phase of Egypt's Electricity and Green Growth Support Program.
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Egypt’s shift to green economy in FY 2021/22 is ‘priority’
The plan also addresses the issue of the transition to a green economy with a focus on environmental improvement initiatives, El-Said added.
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Egypt’s cooperation in oil sector records $1.12bn
Egypt’s Ministry of International Cooperation's development cooperation portfolio includes six projects in the petroleum sector.
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Egypt acting to transform to green economy
An ambitious plan has been outlined to implement 691 environment-friendly projects in the fields of energy, renewable energy, water and transport.
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Egypt's Kom Ombo solar plant signs US$ 114 million financing package
The new Kom Ombo plant will be located less than 20 km from Africa’s biggest solar park, the 1.8 GW Benban complex.
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Egypt increases gasoline prices by 25 piasters per litre
The prices of industrial-use mazut and the diesel fuel were kept unchanged.
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EBRD to support Egypt's green and sustainable economy
The European Bank for Reconstruction and Development (EBRD) is one of Egypt’s largest financial partners.
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Egypt, PepsiCo launch initiative to cooperate in waste management
Recycle for Tomorrow contributes to helping Egypt apply the circular economy concept, said PepsiCo’s CEO for the Middle East and Africa
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Egypt announces settling of claims over restarted Damietta LNG plant
Last month, Egypt's petroleum minister had announced the restarting of the plant.
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Egypt’s Petroleum Minister, BP discuss joint business, international oil prices
BP’s Dev Sanyal affirmed company’s confidence in Egypt's investment-attracting climate.
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Egypt receives $240 mln from Japan for energy, green economy transformation
Japan’s current cooperation portfolio with Egypt amounts to $2.7 billion in 14 projects.
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Egypt puts people at heart of green economy transition
Minister of International Cooperation Rania el Mashat put all her support behind the push for cooperation around a green and circular economy.
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Egypt, Iraq discuss reconstruction program for oil exchange
Egypt is discussing contributing to Iraq’s reconstruction program in exchange for oil and contracting companies into the Iraqi market.
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Eni and BP announce new gas discovery in Egypt
The discovery is in the Abu Madi West Development Lease at the Greater Nooros region, with initial reserves of over four trillion cubic feet of gas.
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Denmark to help Egypt in its green transformation
Egypt and Denmark inked their Energy Partnership program for the years 2019-2022 as Egypt aims to increase its investment in renewable energy.
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Egypt brings online new crude pipeline at al-Hamra port
The Hamra petroleum port lies around 120 kilometers west of Alexandria, Egypt’s second-largest city, and is run by the Western Desert Operating Petrol
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GAFI, Siemens discuss German business engagement in Egypt
Company has committed to three 14.4GW power plants in Egypt, at a total cost of €6bn, among other projects.