Latest Energy News
Global oil demand to record historic growth in 2021: OPEC
While oil demand is still ravaged by COVID-19 crisis, gradual stabilization is…
Egyptian consortium competes in transmission line tenders in Morocco
Several tenders already won by consortium in cooperation with local authorities, says…
ABB, Hitachi launch $10bn joint power venture
New company to develop energy networks to meet growing demand for, and…
Petroleum Minister announces new gold discovery of 1m ounces reserve
The reserve, which has a 95% recovery rate, has one of the…
Energean negotiates a new price for Edison asset deal at $284m
Energean will gain operations in Egypt, Italy, UK, Croatia and Malta ,…
World Bank praises Egypt’s reducing new electricity connection timeframe to 18 days
Electricity Ministry has programme to replace overhead cables with ground cables
80% of Karish and Tanin development in Mediterranean completed: Energean
Project begins in Q4 of 2020
ADNOC signs $20.7bn deal to develop UAE energy infrastructure
The company added that investors will acquire a 49% stake in ADNOC…
EGAS applies exemptions for natural gas industrial consumers if old debts paid
EGAS decision valid until year end
IFC invests $10m in Egypt’s Globaltronics to enhance energy efficiency
Project is part of World Bank Group’s strategy to help Egypt optimise…
