Egypt

Lafarge Egypt, Lumika Renewables Egypt pen $93m green deal

Lafarge Egypt, a member of Holcim Group, has inked a long-term contract worth $93 million with Lumika Renewables Egypt, a subsidiary of AP Moller Egypt, to supply electricity through solar cells.

Shell Acquires North East ElAmriya Offshore Area

A subsidiary of Shell plc signed a farm out agreement with ExxonMobil Egypt to acquire a stake in the Exxon North East ElAmriya offshore area

Egypt to attract up to $8bln investments for energy sector

The Ministry of Petroleum is seeking to boost oil output after the recent decline caused by a drop in prices and the Covid-19 crisis

MoP Inaugurates Trial Operations of Developments in Egyptian Petrochemicals Company

Minister of Petroleum and Mineral Resources Tarek El Molla inaugurated the trial operations of the comprehensive development projects in the Egyptian Petrochemicals Company (EPC) factories in Alexandria.

Madbouly: Egypt to Become a Green Hydrogen, Ammonia Production Hub

During a recent press conference to announce the government’s vision to deal with the current global economic crisis, Prime Minister Mostafa Madbouly stated that Egypt is on track to becoming a major center for the production of future energy represented by green hydrogen and green ammonia.

MIDOR Launches the Second Phase of Refinery Expansion Project

Minister of Petroleum and Mineral Resources Tarek El Molla announced the launch of the second phase of the MIDOR refinery expansion project during an inspection tour of the facility.

Egypt to be among first to issue new climate targets ahead of U.N. summit

Egypt plans to issue a new national target to cut its greenhouse gas emissions within weeks, Foreign Minister Sameh Shoukry said on Friday, as it prepares to take the lead on global climate negotiations as host of a U.N. summit in November.

EBRD promotes green energy transition in Egypt

EBRD to lend up to US$ 4.8 million to Intro Sustainable Resources and Intro Solar S.A.E. Funds to finance investments in small-scale green energy transition projects