Egypt | Egypt Oil & Gas - Part 411

18 Promotions and Transfers in the Petroleum Sector

The Minister of Petroleum and Mineral Resources, Tarek El Molla, approved a list of transfers and promotions for the heads of state companies in the petroleum sector.

EGAS Notifies Factories of a 15% Gas Supply Cut

EGAS notified energy intensive factories that they must reduce consumption by 15% from the contracted quantity due to the current low pressure of gas in the National Grid

GTUPW Signs Protocol with Kuwait in the Petrochemical Industry

The General Trade Union for Petroleum Workers (GTUPW), headed by Mohammed Saafan, signed a protocol of cooperation with the Kuwaiti Federation of Petroleum and Petrochemical Workers, headed by Yousif Yacoub Al-Kandar ...

EBRD to Boost Egypt’s Energy Sector with $170m

The EBRD has arranged a $170m loan facility to support safety standards in Egypt's energy sector.

Egyptian Solar Projects Increasing, Exports Possible by 2020

The European Bank for Reconstruction and Development (EBRD) has allocated $500m to finance solar energy in Egypt in 2016 - a part of a larger renewables effort, which may allow Egypt to export solar-generated energy ...

Shell, Misr El-Kheir Foundation to Provide Entrepreneurship Training for Young Egyptians

Shell has announced the expansion of its “Intilaaqah Egypt Program” to include a 12-month training for 500 young Egyptian entrepreneurs helping them start their own businesses in 2016.

Egypt’s Nuclear Reactor to Produce Power by 2024

Egypt is due to start producing power from its first of four nuclear reactors by 2024, the country's Prime Minister announced, Reuters reports.

Russia Furthers Egypt’s Nuclear Power and Suez Industrial Plans

Minister of Electricity Mohammed Shaker explained that nuclear power was a key facet in the government’s strategy to tackle the current energy crisis.

Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward fo ...

Egypt’s Dollar Shortage May Undermine Renewable Energy Projects

Egyptian solar-power developers are increasingly concerned by the state’s declining foreign currency reserves.

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