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Energy
Egypt’s ANRPC reports strong fiscal year results, strategic developments
The Alexandria National Refining and Petrochemicals Company (ANRPC) achieved significant milestones for the…
IEA cuts oil demand growth forecast to 900k bpd in ’24
The International Energy Agency (IEA) revised its global oil demand growth projections following a notable…
EIB funds new wind farm with €20.1m in Lower Austria
The European Investment Bank (EIB) has committed €20.1 million to finance a new wind farm in Lower Austria,…
Fitch forecasts mixed margin performance for Chinese gas distributors in ’24
Fitch Ratings forecasts a divergence in the dollar margin performance of Chinese gas distributors for 2024 due to…
Egypt’s Petrojest signs $100-m contract for Dabaa peaceful power plant
Egypt’s first nuclear facility, El Dabaa Nuclear Power Plant, will see its first unit start operations in 2028,…
Egypt approves land for energy infrastructure in New Valley
The Egyptian government has allocated the necessary land for the construction of new power transformer stations in…
OPEC+ revises ’24 oil demand, supply forecasts
The Organization of the Petroleum Exporting Countries (OPEC+) has slightly revised its 2024 global oil demand…
Morgan Stanley cuts Brent crude price forecast
Morgan Stanley on Monday lowered its Brent crude oil price forecasts for the coming quarters, citing signs of…
ADNOC, IndianOil sign 15-yr LNG agreement
ADNOC has signed a 15-year Heads of Agreement with IndianOil for the supply of 1 million metric tonnes per annum…
India unveils largest wind energy project to power 3m homes
India has launched its largest wind energy project, set to power 3 million households, according to a report by…
