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Industry Insights

COP27 Scandal: Egypt Rejects Accusations of Espionage and Disrupting Events

November 16, 2022 Mariel Alumit

​ Essay by Eric Worrall Who could have guessed that a dictator accused of routine mass violation of human rights would allegedly spy on delegates and interfere with human rights events? ‘Imprecise, inaccurate, ludicrous’: Egypt […]

BRICS
Finance

The New Candidate Countries For BRICS Expansion

November 10, 2022 Mariel Alumit

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.    […]

COP27
Industry Insights

FP: COP27 Host Egypt Arresting Environmental Activists

September 14, 2022 Mariel Alumit

​ 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 […]

Decision to keep supply tight was proved right, delegates say Group expected to mostly keep output steady at next meeting
International News

‘Unrealistic’ energy policy to spur inflation: Saudi CP

July 16, 2022 Stu Turley

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
International News

Saudi Firm Investing $1.5Bn In Egyptian Onshore Wind Project

June 22, 2022 Mariel Alumit

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 […]

Geopolitical

EU Signs Gas Deal With Israel, Egypt in Bid to Wean Itself off Russian Supplies

June 19, 2022 Stu Turley

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, […]

Crude Oil News

Is Egypt’s Oil And Gas Sector Set To Boom?

November 6, 2021 Stu Turley

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 - Egypt Plan new gas pipe that could boost Europe Supplies
International News

Israel, Egypt Plan New Gas Pipe That Could Boost Europe Supplies

October 21, 2021 Mariel Alumit

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 […]

The Blue Nile River in Sudan
Electrical Generation / Utilities

Giant Dam Is Messing Up Water in Africa Even Before It Is Filled

July 10, 2021 Stu Turley

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 […]

The Ever Given- Energy News Beat
Commodities

Appeal against detention of ship in Suez Canal rejected

May 5, 2021 Stu Turley

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 […]

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