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Energy
Egypt-Saudi power link hits 65% completion; says PM
The landmark electricity interconnection project between Egypt and Saudi Arabia has reached 65 per cent completion,…
Egypt boosts gas supply with New Fortress Energy’s FSRU
Egypt's state-owned Egyptian Natural Gas Holding Company (EGAS) has partnered with US energy company New Fortress…
OPEC+ sees 3.1% global growth in ’24, oil demand up 1.6 mb/d
The Organization of the Petroleum Exporting Countries (OPEC+) has maintained a solid global economic outlook, with…
EDF revises France’s nuclear output forecast for 2024
Electricité de France (EDF) increased its 2024 nuclear output forecast to 358–364 terawatt-hours (TWh), up from its…
German electricity prices spike on low renewables output
German power prices spiked on Wednesday, driven by persistently low wind generation and increasing electricity…
US crude imports to hit 50-y low in ’25 – EIA
US crude oil imports are projected to drop by over 20 per cent to 1.9 million barrels per day (bpd) in 2025, the…
EIB approves €225m loan for solar expansion across Europe
Prologis, Inc., the global leader in logistics real estate, has obtained a €225 million framework loan from the…
Indian green power giant ReNew Energy moves towards delisting
The main shareholders of ReNew Energy Global Plc, one of India's leading green power firms, have made a move to…
US natural gas production hits record in ’23 – EIA
US marketed natural gas production reached a record 113.1 billion cubic feet per day (Bcf/d) in 2023, with Texas,…
Norway’s Empower to launch industrial solar project in Egypt
Egyptian President Abdel Fattah El-Sisi witnessed the signing of a contract between Norway's Empower and Majid Al…
