Energy News
-
The 1.1 GW Jabal el Zeit wind megaproject receives official approval
The agreement is for a wind farm with a capacity of 1,100 MW, equivalent to the installed electrical capacity of a country like Malawi.
-
Malta and Egypt agree on strengthening cooperation in energy sector
The agreement lays down the areas for possible cooperation between the two countries, seeking to increase the exchange of knowledge and expertise.
-
Centamin drilling intersects gold mineralisation in Egypt
Centamin has announced the results of its maiden drill programme on the company’s Eastern Desert Exploration (EDX) landholding in Egypt.
-
Centamin propels modern mining rules in Egypt
Egypt’s current mining regulation was based on profit sharing with the government.
-
Egypt’s state-owned oil companies to invest over EGP 23 bln in FY2024/2025: Minister
Egypt's state-owned oil companies are poised to invest over EGP 23 billion in the upcoming fiscal year (FY) 2024/2025, commencing in July.
-
Egypt Encourages Increased Car Conversions to Natural Gas, But Is it Environmentally Safe?
As of April, Egypt successfully converted 500,000 vehicles, marking a significant milestone.
-
Gold prices in Egypt could decline on high-yield CDs, geopolitical de-escalation: FEDCOC
The de-escalation in the conflict between Russia and Ukraine and the introduction of new high-yield certificates in Egypt could lead to the decline.
-
Beltone, Evolve Holding launch new gold investment fund
As a result, gold prices reached an all-time high of $2,078 per ounce in 2023, representing a 15 percent year-on-year increase.
-
Egypt’s Mine Gold Reserves Reach 25 Million Ounces
With the majority being mined in Sukari in the Eastern Desert, Egypt’s annual gold production rates are about 15.8 tons.
-
Egypt Eyes 10GW Solar Project
The Chinese state firm will “begin preliminary studies and measurements to develop a solar energy project, with a capacity of 10GW".
-
Egypt’s Milestone Wind Project: Creating Jobs and Powering a Million Homes in 25-Year Deal
This project aims to be the largest of its kind in the Middle East and one of the world’s largest onshore wind projects.
-
bp lets offshore Egypt deepwater contract
bp PLC has let a contract to DeepTech for delivery of rig support ROV services for the West Nile Delta development offshore Egypt.
-
Beltone to launch gold fund in Egypt
The FRA has established a regulatory framework specifically for investment funds in metals.
-
Large Gold Deposit Discovered in Egypt
Martin Horgan, the CEO of Centamin, has revealed a substantial gold deposit discovery in eastern Egypt.
-
Egypt’s gold reserves at mines hit 25 mln ounces
The amount of gold remaining in Egyptian mines amounts to at least 25 million ounces (or over 781 tons), said Nagi Farag.
-
Egypt, Saudi Arabia sign MoU for mineral exploration
Alkhorayef affirmed the joint commitment to strengthen collaborative mining efforts and facilitate the private sector’s investment in mining.
-
ACWA power, Hassam Allam Utilities partner for $1.5 billion wind power project
Secured for up to 25 years, the ACWA Power led consortium will help secure financing and find land for a massive new wind farm.
-
SDX Energy: Major partnerships and asset sales in Morocco and Egypt
SDX Energy secures key partnerships and asset sales in Morocco and Egypt, enhancing operations and financial position significantly.
-
Centamin's eastern Egyptian maiden drilling reports strong results
Centamin PLC on Tuesday said that its eastern Egyptian desert exploration programme had yielded an "encouraging set of maiden drill results".
-
Egyptian agritech company unveils soilless solution to water shortage
An agritech company in Egypt has introduced a soilless solution to the water shortage that has affected farmers across the country.