News / Egypt

Italy’s Building Energy to Build $200m Solar Project in Egypt

Italian-based Building Energy, a leader in renewable power, announced Monday it had signed an agreement worth $200 million to build two 50 MW photovoltaic plants in Egypt.

Bank Audi to Give 400m Loan to Electricity

Bank Audi-Egypt has participated in a loan that will be given to the Egyptian Electricity Holding Company (EEHC), according to Mohamed Abbas Fayed, Deputy Chairman & Managing Director of the bank.

Egypt Introduces New Line of Solar Panels

Prime Minister Ibrahim Mehleb inaugurated a production line for solar panels on Sunday, as Egypt continues to shift towards using renewable energy.

Egypt’s Gas Production on the Decline

Egypt’s average natural gas production declined this year to 4.395bn cubic feet per day, compared to about 4.6bn cubic feet in 2014.

Hany Dahi Temporarily Takes Over Petroleum Ministry

Egypt's prime minister said on Thursday that Transport Minister Hany Dahi would temporarily take on the portfolio of the energy minister while he was travelling.

EGPC and Rosneft Sign Fuel Oil Supply Deal

Russia-based Rosneft has announced that it has signed and agreement with the Egyptian General Petroleum Corporation (EGPC) to supply oil products into Egypt.

EGAS Signs Deal with Norwegian’s PGS to Conduct Largest Mediterranean Seismec Project

Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said

Global Alternative Energy Firms Flocking to Egypt

Some 10 global firms operating in alternative energy have put in requests to obtain licensing to run renewable energy projects in Egypt, the head of Electric Utility and Consumer Protection Regulatory Agency Dr. Hafez Salamawy said.

Gasoline Tenders Earmarked for August

EGPC is seeking up to 175,000 tonnes of gasoline for delivery in August

Sidpec Partners with United Gas Derivative, Eni, BP in Ethylene Project

Sidi Kerir Petrochemicals Co “Sidpec” Chariman Ahmed Helmy, said that five local banks offered to finance the 200 thousand tons capacity per year ethylene production project, with $ 600 million investments.

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