News / Egypt

Carbon Holdings’ CEO Awarded AFRICA Entrepreneur of 2016 Award

Founder, Chairman and CEO of Carbon Holdings, Basil El-Baz, has been selected to receive the AFRICA Entrepreneur of the Year Award 2016.

Platts Issued MENA LNG Price Index

Commodity pricing agency S&P Global Platts will begin assessing prices for liquefied natural gas (LNG) delivered to the Middle East and Pakistan.

Egypt Upgraded Ataqa Power Plant

Egypt started rerunning Ataqa power plant after Siemens and Mitsubishi performed maintenance work

Firms Invest $3b in Phase II of FiT

Thirty one companies are contributing in phase II of the energy purchasing Feed-in Tariff (FiT) program with investments $3b to build solar and wind power plants with capacity 1,845MW.

FAJR to Supply Gas to Jordan’s Industries

Egyptian-Jordanian FAJR for Natural Gas Transmission and Supply Company signed an agreement with Fine Hygienic Holding to provide two of its factories with natural gas

Siemens Began Trails at Burullus Power Plant

Siemens started trial tests on three production units at Burullus power plant with a production capacity of 1200MW.

El Molla Reviewed Petrogas, CORC Budgets

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the general assemblies of Petroleum Gas (Petrogas) and Cairo Oil Refining Company (CORC).

SDX Energy to Buy Circle Oil’s Assets

SDX Energy entered into non-binding heads of terms (HoT) with Circle Oil Company for the attainment of Circle Oil’s assets in Egypt and Morocco.

Nooros to Produce 1.2bcf/d of Gas

Italian Eni has raised its expectations for production from Egypt's Nooros Field by 20% from the planned 1bcf/d to reach 1.2bcf/d by mid 2017.

Egypt to Receive Iraqi Oil

Egypt is about to start receiving 1mb of light crude oil per month from Iraq within the coming few days

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