News / Egypt
Egypt, Russia Finalize Nuclear Plant Deal
The Egyptian and Russian governments signed a final agreement to build a nuclear plant in Dabaa, Egypt on November 19th.
ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry
An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.
Tarek El-Molla to Attend Bahrain’s APICORP Energy Forum
His Excellency Tarek El-Molla, Minister of Petroleum and Mineral Resources, will attended the Arab Petroleum Investments Corporation’s (APICORP) Energy Forum held today in Bahrain.
Scatec Solar Invests $600m, Sees Egypt as MENA Solar Hub
Scatec Solar, a leading solar energy provider, is planning to invest $600m on solar projects over two years in Egypt.
Fears that Dana Gas Losses May Affect Egypt Investments
UAE-based Dana Gas announced a $7.6m loss in the third quarter of 2015. The company operates mostly in Egypt and Iraq.
El Molla: New Discoveries to Make Egypt Regional Energy Center
The recent discoveries of the Zohr and North Alexandria fields will make Egypt a regional center for oil and gas, Egyptian Petroleum Minister, Tarek El Molla said
EGPC in Negotiations with Kuwait to Increase Imports
The Egyptian General Petroleum Corporation is currently in negotiations with the Kuwait Petroleum Company to increase the number of barrels supplied by the KPC from 2.2m barrels monthly to 2.7m barrels.
GANOPE to Expand into Renewable Energy
Ganoub El Wadi Petroleum Holding Company GANOPE agreed, during an assembly meeting, that the company should expand its activities to include unconventional sources of energy during the coming period. The meeting was presided over by the Minister of Petroleum and Mineral Resources, Tarek El-Molla. This decision came in the framework of the government's drive to diversify Egypt’s energy mix through new sources of energy, reported Egypt Oil & Gas.
