If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population and in control of 60% of global gas reserves. […]
Essay by Eric Worrall COP27 will be unusually quiet, because the local protestors who usually show up to such events will likely all be in jail. Egypt to Host Big U.N. Climate Summit While […]
Dubai, 16 July (Argus) — An “unrealistic” energy transition strategy that excludes hydrocarbons could fuel a surge in inflation and energy costs, Saudi Crown Prince Mohammed bin Salman warned today. “Adopting unrealistic policies to reduce […]
Saudi developer, investor, and operator of power generation, desalinated water, and green hydrogen plants ACWA Power has signed a project agreement to develop a 1.1GW wind project in Egypt with an investment value of $1.5 […]
The European Union signed an agreement with Israel and Egypt to boost gas shipments on Wednesday, tapping into the gas riches of the eastern Mediterranean as it races to secure alternatives to Russian energy. The EU, […]
Italian oil major, Eni, announced this week that it has made three new oil and gas discoveries in the Meleiha region of western Egypt. The new discovery further adds to Egypt’s recent announcement that it […]
Israel and Egypt are in talks to build a new overland pipeline to boost Israeli gas exports to its neighbor, the Israeli Ministry of Energy said in a statement on Thursday. The pipeline will run […]
As Ethiopia begins diverting 13.5 billion cubic meters of water from the Blue Nile river to its controversial new mega-dam, residents of Sudan to the south fear a repetition of last year’s devastating drought. The […]
CAIRO: The Ismailia Economic Court in Egypt has ruled that the container ship that blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner […]
The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank today signed a US$114 million […]
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