Indonesia to triple biomass consumption in ’24
Indonesia plans to reduce emissions by tripling its use of biomass for power generation to 2.83 million metric tons…
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U.S. freezing weather hinders LNG shipments
Scheduled exports of U.S liquefied natural gas (LNG) were disrupted by the recent freeze that affected Texas and…
Google may keep cutting jobs in ’24 – CEO
Google CEO, Sundar Pichai warned employees that more layoffs are likely at the Alphabet-owned company this year.
Shell plans to develop N. Sea gas field
Shell has fanatically approved the development of the Victory gas field in the North Sea, increasing the company's…
EGX closes in red on Jan. 17
Egypt’s stock market closed on a red note on Wednesday after going up for three days. The main index, EGX30…
Hapag-Lloyd, Maersk form long-term alliance
Hapag-Lloyd and Maersk signed a long-term collaboration deal starting February 2025 with 3.4 million containers…
Bangladesh’s Summit to provide Petrobangla with LNG by ’26
Summit Group of Bangladesh has inked a preliminary agreement to provide state-owned Petrobangla with 1.5 million…
China’s coal production hits record high in ’23
China’s coal production hit a record high in 2023, as a result of continued attention to energy security and…
Oil falls in early Wednesday trade
Oil prices fell in early Wednesday trade, as concerns over Middle East tensions were mitigated by a broad tone of…
EGX heads northwards on Jan.16
Egypt’s stock market closed on a green note on Tuesday. EGX30 rose by 2.62 per cent to 26,938.14, the closest to…