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Energy
Egypt forms advisory committee to boost oilfield production
Egyptian Petroleum and Mineral Resources Minister Karim Badawi has initiated the formation of a new consulting…
URGENT: OPEC+ lowers ’24 oil demand forecast
OPEC+ has revised its oil demand forecast for 2024, lowering it by 135 thousand barrels per day (tb/d) to 2.1…
ADNOC Gas record 21% profit increase YoY in Q2
ADNOC Gas plc reported strong financial results for the second quarter of 2024, with an adjusted net income of…
Egypt approves N. Sinai concession expansion
Egypt’s Ministry of Petroleum and Mineral Resources has granted The North Sinai Petroleum Company, an Egypt Kuwait…
Indonesia cuts solar local content requirement to 20%
Indonesia has reduced the local content requirement for solar power plants to 20 per cent from around 40 per cent,…
Vietnam to subsidise EV charging stations
Vietnam plans to subsidise electricity prices for electric vehicle (EV) charging stations as part of its broader…
S. Arabia’s crude exports to China may drop in Sept
Saudi crude oil exports to China are expected to decrease to approximately 43 million barrels in September,…
Chinese power firm expands renewable energy project in Laos
China General Nuclear has signed an agreement with Laos to expand a major renewable energy project in the northern…
S. Africa’s coal-to-renewable transition blocked by $21b shortfall
South Africa needs to secure $21 billion to expand its power grid, a critical component in its transition from coal…
Egypt seventh largest oil reserves in Africa – report
Egypt secured the seventh spot among Africa's top oil reserve holders, boasting 3.3 billion barrels, according to a…
