News

BG in advanced talks with BP over Egypt deal

British gas company BG is in advanced talks that could boost supplies to power-hungry Egypt by allowing rival BP to use its pipelines, the head of BG Egypt told Reuters. A deal could enable BG to raise production at its Egyptian operations, which account for about one-fifth … read more

Power cuts back for lack of fuel

Power outages took place again on Tuesday in Cairo and other governorates as the Ministry of Electricity and Renewable Energy said it was reducing loads by 2,630 megawatts, appealing to citizens to rationalize their consumption. The ministry said in its … read more