energy
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…
Egypt to import Libya oil, pay down energy debt
Business
March 27, 2013
Egypt to import Libya oil, pay down energy debt
Egypt will import 900,000 barrels of oil a month from Libya starting in April and is paying off some of…
Govt attempts to settle dispute between energy ministries
Egypt
March 17, 2013
Govt attempts to settle dispute between energy ministries
The petroleum minister met with the electricity minister Sunday to discuss alternatives for operating power plants with the available fuel.…
Diesel supplies raised to face crisis, says supply ministry spokesperson
Business
March 11, 2013
Diesel supplies raised to face crisis, says supply ministry spokesperson
The Supply and Petroleum Ministries have agreed to raise the daily amount of diesel delivered to the market from 32,000…
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
Business
December 9, 2012
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
New public tax laws on a broad array of products and services were technically entered into force on Friday, as…
Cabinet to remove subsidies for octane 95 gas
Business
November 21, 2012
Cabinet to remove subsidies for octane 95 gas
The Cabinet will remove subsidies on octane 95 gasoline, International Cooperation and Planning Minister Ashraf al-Araby said Wednesday.