IRENA: Egypt Could Generate 53% Electricity from Renewables by 2030
Egypt could produce up to 53% of its electricity from renewable resources by 2030, saving the government up to $900 million each year.
News / Egypt
El Molla Requests Budget Increase for Fuel Subsidies
Egyptian President Abdel Fattah El Sisi has revealed that petroleum minister Tarek El Molla requested increasing fuel subsidy allocations to $125 billion.
EOG Technical Committee Reviews Projects Outcomes
Committee members have discussed the outcomes of the EOG CSR Subcommittee latest meeting and the EOG Field Best Practices Workshop, held at the Qarun field in September.
Enppi, Technip, ANOPC Sign Refining Agreement
Engineering for the Petroleum & Process Industries (Enppi) has signed an agreement with Technip and Assiut National Oil Processing Company (ANOPC) to begin preparations for the construction of the mazut hydrogen cracking complex.
Sidpec Seeks Acquiring a Chemical Company
Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals' companies.
Financial Institutions to Fund Egypt-Cyprus Gas Pipeline
Four investment banks have shown interest in funding the natural gas pipeline linking Cyprus's Aphrodite field to Egyptian liquefaction facilities, a Cypriot official involved in the country’s energy sector stated.
Egypt, Greece, Cyprus Establish East Mediterranean Gas Forum
Egyptian President Abdel Fattah El Sisi has agreed with his Cypriot counterpart, Nicos Anastasiades, and Greek Prime Minister Alexis Tsipras to establish an Eastern Mediterranean gas forum to be headquartered in Cairo.
EOG CSR Subcommittee Discusses Future Plans
Egypt Oil & Gas CSR Subcommittee members met on October 9 at the headquarters of Tharwa Petroleum Company to discuss collaboration within the petroleum sector on CSR projects.
Enppi to Issue GDRs on London Stock Exchange
The Egyptian government plans to issue global depository receipts (GDRs) for Engineering for the Petroleum & Process Industries (Enppi) on the London Stock Exchange (LSE).
GE Wins Contract for Dabaa Nuclear Plant
GE Power Company announced winning a contract to deliver turbine island equipment for Egypt's El Dabaa nuclear power plant.
