Latest in Energy Highlight
Latest in Energy
Electricity Ministry launches current at Qoseir transformer station, connects it to national grid for 1st time
EGP 1.7bn investments in development plan of northwest coast of Suez Canal
Importers of solar energy products required to prove their quality before trading next month
Maximum value paid by importer for each container EGP 40,000 to conduct all tests
Egypt to host second ministerial AFRA to discuss nuclear technology in November
Cairo continues its serious efforts to free Middle East from nuclear weapons: Shaker
Electricity consumption falls to 4bn scf/day of gas as weather cools
A source at the Egyptian Natural Gas Holding Company told Daily News Egypt that the consumption of gas stations decreased by about 300m scf/day as temperatures fell and the winter months approached.
Solar power investors to pay EGP 700m from cost-sharing agreement settlement with EETC
Remaining sums most likely to be paid on instalments, according to industry sources
NREA collects EGP 620m in arrears from local, international entities
90% increase in revenues by end of FY 2018/19
Eni finishes connecting 50m scf/day from the Baltim field
Average well production ranges from 75 to 100m feet, according to industry source
EBRD, SECO launch new initiative to improve skills of electricity sector’s labour force
Initiative to fight high rates of youth unemployment in Egypt
Egypt has excellent investment opportunities in all stages of petroleum industry: El-Molla
We adopt advanced mechanisms face oil prices fluctuations, says Minister of Petroleum
First roundtable on “Investing in Renewable Energy and Sustainable Development” kicks off on 24 September
The roundtable aims to discuss key themes regarding the private sector and the government’s vision to accelerate renewable energy growth and turn Egypt into a clean energy producer.
EETC to implement EGP 440m substation in west Damietta
Mashaly added that the plant is to be built within 12 months from the contract date.
Egyptian LNG costs $7 per million BTUs on average
Quantities of gas in market more than required, says source
Egypt starts digitalisation of energy grid: Electricity minister
The Chinese proposals include innovative solutions in the fields of communications and information technology to build a strong, flexible, and safe electricity grid, Shaker said.
EBRD to help select consultant for private power firms’ controls in Egypt
EgyptERA asked EBRD’s support to review controls of IPP system
Schneider Electric’s Badr plant increases production capacity by 110%
Company hosted top-performing secondary school students to see production lines of electricity panels
Government aims to renew hedging against oil price fluctuations
Oil price fell below $60 a barrel, contrary to expectations, according to industry source
Qarun Petroleum Company invests $237m in FY 2019/20
Moreover, he said that the average daily production of the company during the year reached 31,700 barrels of oil per day, while the company’s total investment amounted to about $182m.
Investments in oil sector reach $10.633bn in FY2020
Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%
EgyptERA to start implementing sector restructuring plan next December
Programme involves redistributing workers to companies, increasing private sector participation
Khalda Petroleum Company completes drilling 43 wells
Company’s average production reached 162,000 barrels of oil per day, says Mowafi
EMRA to replace bidding system with 6-year gold exploration license: Source
Concession areas to be withdrawn from investors if they were not committed to exploration plan
UNIDO allocates $5.6m to finance energy efficiency improvement projects in factories
Allocated financing to be used in solar heating and electric motors
Zohr’s 13th well to be linked in October, production exceeds 3bn scf/day end-2019: Petro Shorouk
Investment in Zohr accounted to $10.6bn so far, says Hassan
Proposals to move water prices within attempts to settle Electricity Ministry’s dues
Dues on water companies reached EGP 9bn until 30 June, says Raslan
First well of Baltim South West gas field to start production within days: Petrobel
Field’s total production to reach about 500m scf/day by 2020
EgyptERA approves special power consumption calculation mechanism for metreless telecommunications towers
Estimated consumption is 3,500 kWh per month for single towers, 6,500 for shared towers
NREA compares offers from NARI, Vikram to establish solar plant in Zafarana
Authority to award project’s contract to winning company next month
Pharaonic Petroleum starts digging new wells with $280m investments in FY 2019/20
Linking Katameya gas field to production in Q2 of 2020, says Abbady
GUPCO plans to inject $1.2bn investments within two years
The results of GUPCO operations showed that the average production from its fields in Ras Shuqair amounted to about 61,700 barrels of crude oil per day during FY 2018/19, and that there is a plan to increase production from Ras Shuqair fields during the current fiscal year to about 73,000 barrels per day.
Electricity Minister reviews progress of electricity linkage project with Europe
Shaker to visit Jordan next month to discuss increasing power exchange capacity to 2,000MW