energy
BG posts bigger-than-expected fall in profit as Egyptian output halved
Business
October 28, 2014
BG posts bigger-than-expected fall in profit as Egyptian output halved
Britain's third-biggest energy company BG Group reported a worse-than-expected 26 percent fall in third-quarter operating profit on the back of…
Energy expert: Egypt on verge of humanitarian crisis
Business
August 7, 2014
Energy expert: Egypt on verge of humanitarian crisis
A British energy expert has warned that Egypt is facing a humanitarian crisis that is fueled by energy problems. In an…
Egypt Gas: Higher prices save LE1 bn yearly
Business
April 21, 2014
Egypt Gas: Higher prices save LE1 bn yearly
The government's decision to raise natural gas prices for home users will save the state LE1 billion annually, said Egypt…
Former Petroleum Minister: Replacing our electricity network will cost LE17 bn
Egypt
April 15, 2014
Former Petroleum Minister: Replacing our electricity network will cost LE17 bn
Former Petroleum Minister Osama Kamal said it would cost the government LE17 billion to replace the electricity network. In an interview…
Russia to provide Egypt with nuclear fuel for second research nuke reactor
Business
April 7, 2014
Russia to provide Egypt with nuclear fuel for second research nuke reactor
Egyptian Atomic Energy Authority chairman Atef Abdel Hamid said that Egypt agreed with Russia to import fuel that is needed…
BG Group buys Nigerian LNG to replace lost Egyptian output
Business
February 20, 2014
BG Group buys Nigerian LNG to replace lost Egyptian output
BG Group has bought six liquefied natural gas (LNG) cargoes from Italian utility Enel (MDD: ENEL.MDD - news) as it…
Egypt’s energy quagmire could sink Sisi
World
February 18, 2014
Egypt’s energy quagmire could sink Sisi
Egypt's army chief, Field Marshal Abdel Fattah al-Sisi, won vast popularity by crushing the Muslim Brotherhood, but even a man…
Egypt preparing timetable for energy debts
Business
September 1, 2013
Egypt preparing timetable for energy debts
Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies operating in the country,…
Why Egypt’s energy bill is higher than official figures suggest
Business
August 10, 2013
Why Egypt’s energy bill is higher than official figures suggest
Egypt’s energy bill, already a whopping $17 billion, is probably much higher than official figures suggest. The country is losing…
Power cuts continue in several governorates
Egypt
April 3, 2013
Power cuts continue in several governorates
Power cuts continued in several governorates on Wednesday due to shortages in fuel supplies to power plants. The Electrical…