Energy News
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Egypt PM witnesses inking of land deals to implement two wind electricity projects in Sohag
The ceremony was held in the presence of Electricity Minister Mohamed Shaker and Norwegian Ambassador to Egypt Hilde Klemetsdal.
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U.S. Sees New Egyptian Gas Fields As Key To Its New Middle Eastern Strategy
Aside from its unique geopolitical significance, Egypt is uniquely positioned too in the global oil market.
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Jewellery, bullion demand in Egypt shrinks by 17% in 1Q of 2024 as prices rise: WGC
On the other hand, the report showed that bullion demand in Egypt decreased by 36 percent in the 1Q of 2024 to reach 5.2 tons.
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Egypt plans to implement 4 desalination plants worth $350M
Hanoura added that 17 consortia have qualified for the tender since nearly a year ago, and they will be notified to obtain the tender documents.
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Egyptians brought 4.6 tons of gold from abroad in a year
There is no final decision yet regarding whether or not to extend the initiative to exempt gold imported for personal use from customs after 10 May.
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Egypt’s FRA & World Gold Council Launch Gold Fund Initiatives
Dr. Farid added that these funds also provide a hedge against price volatility through participation in a structured and secure investment.
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Egypt wants to increase oil production by 9 percent
The aim is to reach 637 thousand barrels per day, compared to the current 580 thousand barrels.
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Globeleq Completes Acquisition of Stake in Winnergy Solar PV Plant in Egypt
Globeleq, a leading independent power and energy transition company, has finalized the acquisition of a 48.3% equity share in the 25 MWp solar plant.
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TAG Oil commences flow back of BED4-T100 horizontal well
At least 50 tonnes of sand were used per stage in the mechanically propped fracture stages with over 1,000,000 pounds successfully pumped.
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Egypt, Italy discuss cooperation in field of renewable energy, green transition
Egypt and Italy have long historic relations, Shaker said, adding that Italy now is one of the most important commercial partners to Egypt.
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Shell and partners begin drilling three new offshore wells west of the Nile Delta
Shell and its partners developed the West Delta Deep Marine area in 300 phases.
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World Gold Council confident in Egyptian gold market as a significant regional market
Highlighting exceptional quality and esteemed reputation of Egyptian gold artifacts, Naylor stressed on increasing efforts to boost Egyptian market.
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Egypt to launch invitation to tender for development of desalination plants
Egypt’s water desalination program entails the launch of several plants possessing a total capacity of 8.85 million m3/day by 2050.
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Egypt, BPGIC forge partnership for specialized petroleum-free zone
The agreement aims to establish a specialized free zone dedicated to petroleum production, as stated by the Cabinet.
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Petroleum Min.: Zohr Gas Field Produces 2 Bln m³ Daily
The government is working to dig gas wells that will achieve a new leap for the Egyptian economy.
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Egyptian gold investment funds witness about 103K investors
The combined number of people who invested in two gold investment funds has reached approximately 103,000 by the end of March 2024.
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Egypt to build 2 solar power stations with $20.6 million in EU funding
Projects signal Egypt's commitment to renewable energy expansion and economic development.
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Egyptian solar set to expand beyond the massive 1.8 GW Benban PV project
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country’s solar potential.
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Kaolin's reserves in Egypt reach 200 mln tons
Kaolin, or China Clay, as it is commonly called, is a type of fine, white, soft rock; its reserves in Egypt reach about 200 million tons.
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Egypt seeks to lease LNG terminal as it starts importing natural gas + issues a warning to importers on abandoned goods
The government has purchased at least two shipments of LNG, an Oil Ministry source told Enterprise.