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
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News by
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
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News by
EgyptToday
Egypt plans to launch a national strategy to become a leading green hydrogen producer and exporter.
27.09.2023
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News by
ahram online
The companies paid $7.5 million in signature bonuses and have committed to investments totalling about $281 million.
27.09.2023
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News by
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
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News by
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
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News by
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
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News by
See news
Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with BG International, a subsidiary of Shell.
25.09.2023
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News by
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
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News by
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
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News by
telegraph.co.uk
ADNOC Distribution, the UAE's largest fuel and retail distributor, inaugurated its first fuel service station in Egypt, read an official statement.
24.09.2023
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News by
ahram online
Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with BG International, a subsidiary of Shell.
21.09.2023
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News by
Ahram Online
The OPEC Fund for International Development supports food security in Egypt with a $10 million allocation for commodities imports. This is part of a $200 million trade finance facility in collaboration with ITFC.
21.09.2023
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News by
EgyptToday
The government of Egypt aims to substantially increase the production of oil and gas within the Zohr field.
20.09.2023
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News by
oil and gas middle east
Gas production in the giant offshore Zohr field went down by 11 percent in fiscal year 2022/2023: Egypt's Petroleum and Mineral Resources Ministry.
19.09.2023
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News by
Ahram Online
Egypt owns huge petroleum capabilities and a strong infrastructure that enables it to implement ambitious programs and plans to increase production.
18.09.2023
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News by
Egypt independent
When it comes to investing in precious metals, buying gold has long been considered a safe-haven asset.
17.09.2023
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News by
Egypt independent
Two firms will submit a detailed offer, including the farms' capacities and proposed prices per kilowatt (KW).
17.09.2023
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News by
zawya
A shareholder meeting is planned for Oct. 5 to approve the $100 million special dividend ahead of a strategy update in November, Capricorn said.
17.09.2023
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News by
reuters
During the meeting, they discussed the latest developments in the Norwegian company’s implementation of the green methanol production project.
14.09.2023
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News by
Egypt Today
