Red Sea Wind Energy has signed a $680 million agreement with banks and international financing organisations for establishing a wind farm in Egypt’s Gulf of Suez, the Egyptian cabinet said in a...
Read moreQatarEnergy has agreed to hold a 25% share in the Gas Growth Integrated Project (GGIP) – a multi-billion-dollar project aimed at monetizing and developing the natural gas resources of the...
Read moreThe Iraqi government has finally reached an agreement to take a 30% stake in TotalEnergies’ long-delayed $27 billion Iraq project, Reuters reported Tuesday, citing three sources familiar with...
Read moreThe European Union struck a deal to cut final energy consumption across the bloc by 11.7% by 2030, a goal lawmakers said would help fight climate change and curb Europe’s use of Russian fossil...
Read moreOfficials during laying the foundation stone of Shaheen Petrochemical project Saudi Arabian Oil Co. (Saudi Aramco) laid the foundation stone of Shaheen petrochemical project in Ulsan, South Korea,...
Read moreChina Energy will start the construction works of a $5.1 billion hydrogen project in Egypt next May, according to a cabinet statement on March 8th. The announcement came during a meeting headed...
Read moreBarclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a deficit in the second half of the year...
Read moreOPEC Secretary General, Haitham Al-Ghais, said the Chinese demand of oil will increase to 500 and 600 thousand barrels per day in 2023 as a result of lifting the COVID-19 restrictions in...
Read moreChristopher Hudson, President of dmg Events, confirmed that the Egypt Petroleum Show (EGYPS 2023) in its sixth edition, has global prominence, and highlights Egypt’s leadership role as an...
Read moreDOHA, Qatar – 8 January 2023 – QatarEnergy announced the Final Investment Decision (FID) with Chevron Phillips Chemical Company LLC (CPChem) to build the Ras Laffan Petrochemicals complex...
Read more