Energy Crisis
Gas Flows to Egypt Stop
Egypt’s natural gas imports have ground to a halt, the cabinet said Sunday, in a development that reflects the impact of the Gaza conflict on the North African nation and could dash hopes of a […]
Egypt
Geopolitical
Europe Facing Civil War?
Authored by Drieu Godefridi via The Gatestone Institute, In Vienna, London, Paris, Berlin, Brussels and dozens of other European cities, demonstrations “in support of Palestine” were organised even before the Israelis responded the jihadist pogrom perpetrated by Iran-backed Hamas on October […]
International News
Missile hits Egyptian town near Israeli border
27 Oct, 2023 02:38 HomeWorld News The Israel Defense Forces are reportedly “aware of a security incident” An unidentified missile has landed in the Egyptian Red Sea resort town of Taba, just across the border […]
Aljazeera International
On Egypt-Gaza border, blocked aid waits to reach Palestinians
“Open the Rafah crossing point!” This is, among other things, what several hundred demonstrators chanted while gathered on the evening of Wednesday, October 18 in front of the headquarters of the journalists’ union in the […]
Electrical Generation / Utilities
Construction of Russian nuclear power plant in Egypt ahead of schedule – Putin
16 Oct, 2023 09:55 HomeAfrica The president described the El-Dabaa facility as a flagship project in Africa Russian President Vladimir Putin said at the plenary session of the annual ‘Russian Energy Week’ forum that the […]
Geopolitical
For Oil, It’s Not 1973 Again – But It Could Still Turn Ugly
Exactly 60 years ago, the Yom Kippur War of 1973 (October 6 to October 25) started. In the next 7 years Crude went from $5 to 50 Interest Rates from 6.5 to 18 Gold from […]
Big Oil Companies
QatarEnergy, BP, others snap up Egyptian oil and gas concessions
Egypt immediately awarded four blocks of an oil and gas exploration bid round in the Mediterranean and Nile Delta to Italy’s Eni, the UK’s BP, QatarEnergy and Russia’s Zarubezhneft, the Egyptian Petroleum Ministry announced on Tuesday. Eni […]
BRICS
Saudi Arabia, Iran and Egypt among 6 countries joining BRICS in 2024
The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group’s summit in Johannesburg, said that Argentina, Egypt, […]
Finance
Visualizing The $105 Trillion World Economy In One Chart
By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion, or $5 trillion higher than the year before, according to the latest International Monetary Fund […]
Electrical Generation / Utilities
Egypt’s natural gas production declines and power cuts bite
By Sarah El Safty CAIRO (Reuters) – Egypt’s natural gas production fell to a three-year low in the first five months of 2023, figures from the Joint Organisations Data Initiative (JODI) show, raising questions about […]