Egypt targets a 42 percent boost in its renewable energy mix by 2030 with a €54M debt swap agreement with Germany. The move accelerates previous plans set for 2035.
28.09.2023 EgyptToday
Egypt engages directly in the oil derivatives market to lock in supplies, becoming a significant market player. An official revealed that Egypt has purchased hedging contracts covering 35% of its expected oil imports.
28.09.2023 EgyptToday
Egypt plans to launch a national strategy to become a leading green hydrogen producer and exporter.
27.09.2023 ahram online
The companies paid $7.5 million in signature bonuses and have committed to investments totalling about $281 million.
27.09.2023 upstream online
The eighth annual meeting of the Asian Infrastructure Investment Bank (AIIB) concluded on Tuesday with a call to expand public-private partnerships.
27.09.2023 ahram online
Egypt has unveiled a new licensing round, offering up 23 diverse onshore and offshore blocks in proven basins and in frontier areas.
26.09.2023 upstream online
The targeted investments in the petroleum sector until the end of the current fiscal year are estimated at between 8.5 and 9 billion dollars.
25.09.2023 See news
Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with BG International, a subsidiary of Shell.
25.09.2023 Ahram Online
The Gasco project is expected to provide employment opportunities for about 2,500 workers with an investment cost of about $380 million.
24.09.2023 Asharq Alawsat
In an effort to bolster energy security in a net-zero world, plans are underway for Britain to import power from solar farms in Egypt. The project details will be unveiled in London next week.
24.09.2023 telegraph.co.uk