OIL AND GAS

18 Apr 2019

Benban solar park to be linked to national grid by September: NREA head

All the projects of the solar energy feed-in tariff in Benban, Aswan will be ready and connected to the national electricity grid by September, Chairperson of the New and Renewable Energy Authority (NREA), Mohamed Al-Khayyat, told Daily News Egypt.

Twenty"...

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17 Apr 2019

EETC agrees with Egemac, TBEA alliances to supply EGP 656m worth equipment

The Egyptian Electricity Transmission Company (EETC) has signed seven contracts with the Egyptian German Electrical Manufacturing Company (Egemac) and TBEA alliances to supply electric transformers and equipment worth EGP 656m.

Sabah"...

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16 Apr 2019

Over 10.5 mln homes to be gas-run in Egypt at 2019-end

State-run Egyptian Natural Gas Holding Company (EGAS) plans to reach more than 10.5 million homes nationwide fully supplied with natural gas at the end of the year, an official source said on Monday.

“Nearly"...

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13 Apr 2019

Solar in Jordan and Egypt: Yellow Door Energy shares insights on webinar

Yellow Door Energy, a market-leading solar developer in the Middle East, this week shared its market outlook for solar photovoltaics (PV) in Egypt and Jordan. The webinar was organized by ATA Insights and attended by over 200 solar enthusiasts from around the world. The featured speakers"...

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09 Apr 2019

Egypt’s Oil Minister confers with his Saudi counterpart on cooperation

Cairo: Egypt’s Petroleum Minister Tarek el-Molla conferred on Sunday with his Saudi Arabian counterpart Khaled el Faleh on means of boosting joint cooperation in oil, gas, and mineral wealth fields.

The"...

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09 Apr 2019

Electricity Ministry awaits approval of cabinet to launch tenders for Owainat transformer station

The Ministry of Electricity is awaiting the government’s approval to support the electric network in the area of Owainat to launch a tender before Arab and international companies in order to implement a transformer station.

Sources"...

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09 Apr 2019

Oil price exceeds $70 per barrel due to clashes in Tripoli

Oil prices rose to $70.59 per barrel in Sunday trading, the highest level since November 2018, pushed by the current production cuts applied by members and non-members of OPEC, in addition to the US sanctions imposed on Iran and Venezuela, as well as the ongoing clashes in Libyan capital"...

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09 Apr 2019

Gulf stocks moving in right direction ‘led by Saudi and Kuwaiti markets’

KUWAIT: Equity markets continued to build on the positive performance since the beginning of the year and managed to end the first quarter of 2019 deep in positive territory. Dovish central banks policies across major economies and renewed hopes of progress in the US-China trade talks helped"...

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08 Apr 2019

Shell Egypt appoints Khaled Kacem as Chairperson, Managing Director

Shell Egypthas announced the appointment of Khaled Kacem as the Chairperson and Managing Director of the Company, replacing Gasser Hanter, to commence his duties as of May 2019.


Hanter will continue to"...

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08 Apr 2019

Egypt to double LNG export capacity in 2019

Egypt will nearly double its liquefied natural gas export capacity to 2 billion cubic feet per day by the end of 2019, and also plans to collaborate with Saudi Arabia in exploring hydrocarbon reserves in the Red Sea.

'What"...

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