Energy News
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Egypt receives 2 gas shipments out of 21
Egypt has received two international shipments of natural gas out of 21 contracted cargoes as part of the country's urgent plan to end power outages.
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Egypt Receives First of 21 LNG Shipments
By the third week of July, things will be in order and the national gas network’s stock will be sufficient, Abdel Aziz noted.
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Yara Clean Ammonia, Scatec, ECHEM and MOPCO sign Heads of Terms for renewable ammonia
The sponsors will develop and build up to 480 MW of renewable energy and an up to 240 MW electrolyser facility for production of renewable hydrogen.
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Commercial operation of Kom Ombo solar power station in Egypt now underway
The station is located in the Kom Ombo region in Aswan, the financial impact of operating the station is to begin during the third quarter of 2024.
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Egypt's New Electricity Min. to Focus on New, Renewable Energy
The focus will be on new and renewable energy, to achieve added value and provide stable energy in the national grid.
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Five Egyptian companies plan forming a consortium to import liquefied ethane gas
Five Egyptian companies announced plans to form a consortium with a capital of $663 million to import liquefied ethane gas (Shale gas).
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Egypt Leads Arab Countries with 32 Green Hydrogen Projects
The minister said that Egypt has an integrated strategy to localize the industry, production and export of green hydrogen in the SCEZ.
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Egypt’s consortium to import US shale gas, addressing natural gas shortage
Sidi Kerir is one of several major companies in the fertilisers and chemicals sector that had to halt production after suffering from gas shortage.
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TAQA Arabia, Voltalia Sign Renewable Energy-Green Hydrogen Framework Agreement
The project will be implemented in two identical phases, each comprising a 500 MW electrolyzer powered by more than 1.3 GW of solar and wind energy.
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Egypt looking to raise target for renewable energy to 58% by 2040
Shaker told an Egypt-EU investment conference that the government hoped to publish the new strategy in the next two to three months.
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Egypt signs 4 agreements worth $33B to establish green ammonia projects in SCZone
Egypt has secured agreements worth $33 billion for 4 green ammonia projects during the 2nd day of the Egypt-EU Investment Conference.
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Egypt addresses energy shortages with ambitious construction of 10 Gigawatts of wind power in 2026
This ambitious project, which will be one of the largest in the world, is expected to generate a substantial 10 gigawatts of energy in 2032.
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Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously.
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Egypt, EU Consortium to Invest €7 Billion in Green Hydrogen Initiative
The conference featured the signing of a crucial cooperation agreement focused on the production of green hydrogen and its derivatives.
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Fertilizers giant MOPCO suspends operations over gas supply shortage
State-owned Misr Fertilizers Production Company (MOPCO) said on Tuesday it has suspended operations at its three plants.
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ADES, SUCO Seal Jack-Up Drilling Contract in Egypt
ADES Holding Company has announced the official signing of a Jack-Up Drilling Contract with Egypt’s Suez Oil Company (SUCO).
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Egypt’s Energy Challenges and Their Political Implications for the War in Gaza
The mobilization of the Houthis in Yemen to help Hamas led to a drastic decrease in the traffic of ships through the Suez Canal.
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Economist: Gold will become the new reserve asset by 2030
Over the past few decades, the United States has tended to export Treasuries and reduced the export of everything else, and that is what is changing.
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How Egypt became home to the world's largest water treatment facility
The New Delta Irrigation Water Treatment Plant secured four Guinness World Records for its size, capacity, and advanced technologies.
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Egypt's Abu Qir gas hub sold
Energean plc has recently announced selling its assets in Egypt, Italy, and Croatia to Carlyle International Energy for $945 million.