Energy News
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Saudi Aramco and Egypt’s SUMED sign oil deals
The two signed a deal to supply fuel oil storage capacity of 165,000 cubic metres in the Red Sea port of Ain Sokhna.
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BP to invest about $1.8 bln in Egypt this year
BP Chief Executive Bob Dudley expects a crude oil price of $50-65 a barrel over the next year.
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Egypt's PM inaugurates third International Petroleum Conference in Cairo
It is being held under the auspices of President Abdel-Fattah El-Sisi and will see the participation of a number of Arab and African oil ministers.
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Egypt carrying out oil refining megaprojects worth $9 bln
The new project, which cost $1.3 billion, is meant to meet the local market's needs for oil and high-octane gasoline, the minister added.
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Egypt climbs 38 ranks in Environmental Performance Index
Egypt ranks 32 in air quality which is quite impressive! while it got worse rankings in water sanitation.
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Italian oil giant Eni says overall investments in Egypt total $13 billion since 2015
Egyptian presidency spokesman Bassam Rady said that Descalzi told El-Sisi about the company’s plan to increase investments in the coming period.
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Egypt’s KarmSolar identified in London Stock Exchange Group's Companies to Inspire Africa 2019 report
2019 report identifies a new cohort of fast growing and dynamic private businesses across Africa.
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Western Desert produces about 60% of Egypt's crude oil
The minister urged foreign companies to invest in the Western Desert as he expects more discoveries to be unearthed in this area.
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Budgeting for oil prices
The decline in oil prices will relieve the pressure on Egypt’s budget, but can it be sustainable?
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Mubadala and BP enter ENI Nour concession in Egypt
ENI will retain a 40% share in the concession, which is in participation with the Egyptian Natural Gas Holding Company (EGAS).
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Egypt says U.S. oil firms showing appetite for offshore projects
Petroleum Minister Tarek El Molla said he expects US energy companies to participate in two bidding rounds due before year-end.
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Egypt’s energy dreams materialize
Discovered in 2015 by Italian energy giant Eni, Zohr is the biggest gas field so far found in Egyptian waters.
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Egypt- Ecomondo: European platform for green economy
The participants presented their prominent innovations, international businesses, and scientific contents towards shifting to a green economy.
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The 10th edition of Mediterranean Offshore Conference is coming
The official event of the Egyptian Petroleum Sector, will take place in Alexandria, EGYPT from 14 to 16 October 2019.
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Egypt accuses three oil executives of embezzling nearly $1 billion
The firm's former deputy chairman and two other officials face a criminal trial on charges that they manipulated the company's books.
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Egypt’s petroleum minister says LNG vessel to leave before weekend
Norway’s Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.
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Egypt to get world’s largest clean-coal plant
The $4.4 billion project, 600 kilometres south east of Cairo, would be funded by Chinese and Egyptian banks.
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Egypt ceases imports of liquefied gas
Petroleum Minister announces Egypt has achieved self-sufficiency in gas production.
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Human Centric Lighting and Environmental Lighting Market 2018 Leading companies – Lumitech, OSRAM, Philips, Regiolux
Qyresearchreports include new market research report “Global Human Centric Lighting and Environmental Lighting Market Research Report 2018” .
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Solar power in Egypt: Key renewable energy for mega-projects
Renewable energy sources, especially solar, have a considerable role to play in the implementation of development projects in remote areas.