New & Renewable Energy Agency is set late December to invite International bidders to set up a plant for generating electricity from wind energy at 250 megawatt capacity.
Sidi Kerir Petrochemicals (SIDPEC) is in talks with local banks for a USD 1.2 bn loan for its new propylene plant in Alexandria, sources tell alborsa. SIDPEC has approached CIB,
Italy’s began started drilling two additional wells at the offshore Zohr natural gas field as it prepares to raise output to its 2.7 bcf/d plateau next year, an unnamed source
The 1950 MW, EGP 15 bn South Helwan power plant is due to begin operating at full capacity in February 2019, Upper Egypt Electricity Production Company (UEEPC) head Ibrahim El Shahat said. The Egyptian Electricity Transmission Company (EETC) is also expected to complete the 1500 MVA Zahraa El Maadi power transmission station in December, chairman Gamal Abdel Raheem said. The EETC is planning to...
Alexandria Mineral Oils Co (AMOC) on Sunday reported a 37% year-on-year decline in profits for the first quarter of fiscal year 2018/2019.
Sidi Kerir Petrochemicals (Sidpec) on Sunday announced it has finalised the ownership transer deal for 20% shares from Alexandria for Sodium Carbonate Company at a value of $3 million.on in H1-17.
The first phase of the seismic mapping of energy and mineral resources in the Red Sea — a precursor step to tendering exploration concessions there — has been completed,