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Energy
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…
Engie eyes more African renewable energy deals
Engie SA, the French utility, anticipates more deals in Africa’s renewable energy sector following its $1 billion…
China forms Beijing-backed lithium group to develop salt lakes
China Minmetals Corp. is set to take a controlling 53 per cent stake in a new joint venture, China Salt Lake Group,…
WEPCO expands Al Hamra Port capacity, boosts production
The Western Desert Petroleum Co. (WEPCO) reported key operational achievements during its general assembly, with…
Egypt pledges to boost renewable energy share – GAFI’s CEO
Egypt's Energy Strategy 2035 aims to increase the share of renewable energy in the energy mix to approximately 42…
