Egypt invests $64mln in electricity network development in South Sinai since July 2014
Egypt - The Ministry of Electricity and Renewable Energy has stated that EGP 2bn has been invested to develop electricity...
Energy
First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. It represents...
Oman’s refinery products output jumps by 44%
Muscat: Total refinery products in the Sultanate of Oman grew by 44 per cent at the end of February 2023,...
Iraq agrees to 30% stake in TotalEnergies $27bln energy project
BAGHDAD - Iraq said it has agreed to a smaller 30% stake in TotalEnergies long-delayed $27 billion project, reviving a...
Oman signs $20bn hydrogen deals
Oman has signed $20bn of green hydrogen deals as it looks towards achieving sustainable energy goals. Salim Al-Aufi, Chairman of Hydrogen Oman...
Suez Canal expects US$3.5 billion in revenues in H1
Egypt’s Suez Canal EZ signed initial agreement with Germany’s H2-Industries to build US$4 billion waste-to-hydrogen facility at greenfield site in...
UAE and Egypt’s consortium to buy African renewables firm Lekela Power
A consortium of UAE-based Masdar and Egypt’s Infinity Energy has planned to buy a majority stake in Lekela Power from...
Fitch revises Saudi Aramco’s outlook to positive from stable
Fitch Ratings has revised the outlook on the world's largest oil producer, Saudi Aramco, to positive from stable, following a...
Investments in renewables in Egypt reach LE6 bn: Official
Total investments tapped in renewable energy projects that were added this year reached nearly L.E. 6 billion including governmental and...
Egypt signs 8 gas exploration contracts worth $934mn over 15 months
The Ministry of Petroleum and Mineral Resources announced that five gas exploration contracts were signed in FY2019/2020, and three others...
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