Electricity | Egypt Oil & Gas - Part 28
Update-1 EEHC to Receive EGP 1.75bn Loan from Banque Misr
Banque Misr will provide an EGP 1.75bn share in the loan coordinated for the Egyptian Electricity Holding Company (EEHC), according to Banque Misr Chairman Mohamed El-Etreby. The total value of the loan amounts to EGP...
RWE Shifting Gears to Renewables, with UAE Firm’s Help
United Arab Emirates green energy firm Masdar may invest in renewable energy projects jointly with RWE, Germany’s second-biggest utility, a source familiar with the matter told Reuters on Wednesday. RWE Chief Ex...
Aramco Resorts to Gasoil Spot Markets for Summer Power Needs
Saudi Aramco bought more than 1 million barrels of gasoil for July in the spot market despite new refining capacity, as hot summer weather boosts power demand for airconditioning, industry sources said. Saudi Aramco P...
Saudi- Egyptian Cooperation in the Electricity Sector
Saudi Arabia’s water and electricity minister, Abdullah Ben Abdelrahman Al-Hussein, arrived in Cairo to meet with officials over possible cooperation between Egypt and Saudi Arabia, state news agency MENA report...
15m Household Units to be Exempt from July’s Electricity Bills
A government committee is set to exempt millions of subscribers from an upcoming electricity price hike, following a Sunday presidential decision to ease the financial burden on poorer citizens, reported state-owned A...
Egypt Secures 135 mcf of Gas for Expected Hike in Summer Electricity Demand
The ministers of petroleum and electricity agreed to pump approximately 135 mcm of gas, fuel oil and diesel daily for power stations over the following summer months. A senior official at the Egyptian Gas Holding Comp...
Yokogawa Releases Real-Time Tech with Multiple Energy Applications
The release has been designed to significantly reduce engineering of large geographically dispersed systems, which requires both a different engineering approach and central managed deployment, said a statement. The i...
Oman Making Safety Records in Power Sector
Al Ghubra Power and Desalination Company (GPDCO), a part of Nama Group, has achieved a record of five million safe man hours during 1,884 working days, which will be added to the company’s health, safety and environme...
