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Government begins applying smart card system to industrial, energy sector
The government has begun implementing the smart card system for heavy fuel oil and diesel supplied to factories and power…
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President El Sisi to open phase one of Siemens power plants in March
The first phase of Siemens’ power stations in Beni Suef, Burullus, and the new administrative capital will be inaugurated by…
Oil Ministry studies refining Iraqi crude at MIDOR
The Oil Ministry is studying refining Iraqi crude at the Middle East Oil Refinery (MIDOR), unnamed sources tell Al Mal.…
Oil Ministry approves USD 8 bn strategy to develop petrochemicals sector
The Oil Ministry has approved a USD 8 bn strategy to develop refining facilities and the petrochemicals sector, Oil Minister…
SDX Energy prices Circle Oil’s assets in Egypt, Morocco at USD 30 mn in cash
SDX Energy said it is proposing to acquire the oil and gas assets of Circle Oil in Egypt and Morocco…
Siemens on track to bring Egypt’s largest power stations online in Feb -CEO
Siemens is still on track to making the three combined-cycle power plants fully operational next month despite challenges presented by…
EETC postpones transformer negotiations, cites lack of liquidity
The Egyptian Electricity Transmission Company (EETC) has postponed negotiations with six companies to establish four power transformer stations with an…
Electricity Ministry to sign 250 MW Gulf of Suez wind farm contracts within weeks -sources
The Electricity Ministry should be signing the contract with Toyota, JD France, and Orascom for the 250 MW wind farm…
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