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Energy
Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March…
Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
Germany could save €4.3b with offshore energy islands – report
Germany could save up to €4.3 billion annually by developing offshore "energy islands" in the North Sea to produce…
Dragon Oil plans to double production in 5 years
Dubai's Dragon Oil Company, fully owned by the Government of Dubai, is set to double its daily oil production over…
Afghan power company inks deals for 240 MW electricity
The Afghan power company signed three memorandums of understanding (MoUs) with domestic companies to generate 240…
US energy companies boost production, cash flow in Q2 ’24
Energy companies in the United States reported an increase in petroleum liquids and natural gas production for the…
ADNOC to acquire Covestro AG for AED254 per share
ADNOC International Limited (ADNOC International) has entered into an investment agreement with Covestro AG, a…
TAQA Arabia to invest $30m in new solar power stations
UAE's energy company, TAQA Arabia, announced on Tuesday its commitment to reducing carbon emissions as part of…
Kazakhstan negotiates gas exports, pipeline plans with China
Kazakhstan is negotiating with China to enhance gas exports and may construct an additional pipeline to increase…
Egypt discusses localisation of green hydrogen technology
Egypt's Minister of Industry and Transport, Kamel Al-Wazir, held a meeting with European companies to discuss plans…
Egypt collects EGP1.2b in electricity theft dues in 6 weeks
Egypt has collected 1.2 billion Egyptian pounds in unpaid dues over the last month and a half due to its efforts to…
