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Egypt seeks to achieve integration with Africa in energy field: Electricity Ministry

Since taking over the presidency of the African Union (AU), Egypt has been actively working on a comprehensive vision to achieve integration among African countries, especially in the energy field, Egypt’s Electricity Ministry spokesperson, Ayman Hamza, said. He told DNE that the second ordinary session of the African Union (AU) Specialized Technical Committee on Transport, …

Daily News Egypt

IFC, Ministry of Petroleum help boost critical energy infrastructure in Egypt

The International Finance Corporation (IFC), a member of the World Bank Group (WBG), announced on Wednesday a joint effort with Egypt’s Ministry of Petroleum and Mineral Resources that aims to support Egypt in becoming a regional energy hub for the eastern Mediterranean region as well as improve its energy infrastructure. The IFC signed a memorandum …

Shaimaa Al-Aees

Inpector Capital BV acquires Scimitar Production Egypt Ltd to invest in energy

Inpector Capital BV–whose majority is owned by Dutch investor Marcel Boekhoorn–declared that it acquired Scimitar Production Egypt Ltd to invest in the petroleum and energy sector in Egypt. Inpector Capital also announced that it has appointed Erik Vollebregt, an exploration and production industry veteran who served as the commercial and finance director of Shell Nigeria, …

Daily News Egypt

Fifth Coaltrans Cairo discusses expansion in using coal in industrialisation

The fifth edition of Coaltrans Conference held in Cairo between 18-19 March discussed the possibilities of using coal as an alternative source of energy. The conference discussed the Egyptian government’s desire to shift to using coal in energy generation, along with other numerous industries. Coal has become a necessary adoption thanks to its low production …

Daily News Egypt