energy

BG Group buys Nigerian LNG to replace lost Egyptian output
Business

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

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

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

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

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

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

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

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

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

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.
Back to top button