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Energy
Zohr field to see new drilling operations – minister
The Zohr natural gas field in the Mediterranean is set to undergo new drilling operations by the Italian company…
Egypt’s EGAS, Greece’s Copelouzos form JV
The Egyptian Natural Gas Holding Co. (EGAS) and the Greek Copelouzos Group signed a shareholders' agreement on…
Oil flow through Red Sea falls by 50% in ’24 – EIA
Oil flows through the Bab el-Mandeb Strait, a key chokepoint at the Red Sea's southern entrance, have fallen by…
China to raise gasoline, diesel prices on Friday
China's National Development and Reform Commission (NDRC) announced on Thursday an increase in retail prices for…
EIB, Intesa Sanpaolo unlock €8b EU wind power investments
The European Investment Bank (EIB) and Italy's Intesa Sanpaolo launched on Thursday a new initiative to unlock up…
US energy costs to stay relatively stable in winter – EIA
US energy costs are projected to hold steady in the coming months, supported by lower fuel prices that may cushion…
Sweden’s Sweco to design battery storage project in Belgium
Swedish engineering consultancy Sweco announced plans to design one of Europe's largest battery energy storage…
EU approves €500m Romanian biofuel investment scheme
The European Commission has approved a €500 million (RON 2.5 billion) investment scheme in Romania aimed at…
Egypt’s investment minister reviews Forbes Tower project
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Magnum Properties CEO Majid Marei, the…
Egypt signs hydrogen co-operation deal with German state of Bavaria
Egypt's Ministry of Electricity and Renewable Energy has signed a joint declaration of intent (JDI) with Bavaria,…
