Energy News
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Egypt to receive final bids to acquire Wataniya within 48 hours
Furthermore, the government plans to finalize the sale of the Jabal El Zeit wind power plant by the end of March 2024, as stated by El Said.
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IDSC says Egypt has huge reserve of quartz
The IDSC said the purity of Egyptian quartz reaches 99.9 percent, which is a big asset that earns it a competitive advantage internationally.
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Egypt continues work on implementing its first station to generate energy from waste
Mostafa assured Egypt’s interest in creating a supportive climate to encourage environmental investments to confront climate change.
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Egypt launches 55% tax credit to boost green hydrogen production
The legislation was signed into law by President Abdel Fattah El-Sisi and would have a direct bearing on green hydrogen projects in the African nation
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Head of Egypt’s gold division reveals expectations for gold prices in the coming period
The head of the Jewelry and Jewelry Division at the Chambers of Commerce, clarified that circulated rumors regarding the stoppage of gold pricing.
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Molla, Apache CEO review oil, natural gas excavation in Western Desert
The talks also tackled the company’s expansion plans for new drilling operations in the Western Desert.
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Egypt’s Burullus Gas Awards Subsea Engineering Contract
The award to Norway’s Longitude Engineering covers deepsea design and engineering services for Phase 10 of Egypt’s West Delta Deep Marine Concession.
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Egypt Explores Green Hydrogen Cooperation With Czech Republic
Egypt aims to attract foreign investments in the green hydrogen sector, leveraging the strategic location of the Suez Canal Economic Zone for exports.
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Egypt’s suite of green hydrogen tax incentives signed into law by president
Developers that meet local content and foreign financing requirements can access a credit of up to 55%.
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Egypt Gas records 46% profit decrease in 2023
Meanwhile, revenues slipped 2% to EGP 6.871 billion from EGP 7.025 billion.
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Global Energy Leaders to Come Together at Egypes in Cairo to Address Energies of the Future
Egypt Energy Show (EGYPES) will be held at the Egypt International Exhibition Center (EIEC) from Monday 19 to Wednesday 21 February.
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What is causing turmoil in Egypt's gold market? Official answers
Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand.
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Burullus Gas lets contract for development offshore Egypt
Burullus Gas Co. let a contract to Longitude Engineering to provide design and engineering services for subsea work offshore Egypt.
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Egypt's Gold Division Denies Taking Legal Actions Against Traders for Price Fluctuations
The Division assured that these claims are unfounded, with no recorded complaints from traders that could substantiate such events.
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Egypt moves forward with its nuclear journey
The event saw both leaders symbolically authorizing the pouring of the "first concrete" into the foundation of unit 4.
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Why Egypt's water scarcity problem runs deeper than the Nile
Egypt, the region’s largest country, is rebranding itself as a leader in the Arab world’s fight against water stress.
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Greek Conglomerate Explores Gas Partnerships in Egypt
The Greek company highlighted interest to collaborate with Egyptian energy companies on gas trading, distribution, infrastructure projects.
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EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt
The investment is set to raise capital for the development and construction of renewable energy projects in the region, EBRD said in a statement.
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Egypt Continues to See Unprecedented Rise in Gold Prices
This rise contrasts with the global market, where the price of an ounce of gold decreased by about 5 dollars, settling at 2,024 dollars.
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60 firms bid for gold hunting in Egypt
Egypt has closed bidding for the exploration of gold in 31 various sites after 60 companies applied for obtaining permits.