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Energy
Egypt increases oil, gas output to meet demand
Egypt’s Ministry of Petroleum and Mineral Resources reports a significant increase in oil and gas production from…
Iraq’s fuel oil exports set to hit record highs in ’24
Iraq’s fuel oil exports are set to hit record highs in 2024, driven by increased shipments in October and rising…
Russia’s energy consumption to grow
Russia's energy consumption is currently experiencing a 3.4 per cent growth rate.
Egypt to ramp up car conversion to natural gas
Egypt is intensifying efforts to transition its vehicle fleet to run on natural gas, with Prime Minister Mostafa…
EU backs €2b renewable hydrogen fund
The European Commission, along with Spain, Lithuania, and Austria, announced new financial support for renewable…
COP29: EBRD invests in landmark solar projects in Azerbaijan
The European Bank for Reconstruction and Development (EBRD) announced a landmark investment at COP29 in Baku,…
Egypt, EBRD to boost partnership to accelerate sustainable energy transition
Egypt has signed renewable energy agreements with private sector partners, achieving a total capacity of 4.7…
Russian gas supplies to Austria suspended over pricing dispute
Russian gas flows to Austria remained suspended for a second day on Sunday following a pricing dispute between…
ADB, Masdar sign $160m deal for Azerbaijan’s solar projects
The Asian Development Bank (ADB) and Abu Dhabi Future Energy PJSC (Masdar) have signed two loan agreements totaling…
Egypt signs MoUs for 5.2 GW renewable energy projects
The Egyptian Electricity Transmission Company (EETC) signed on Thursday two memorandums of understanding (MoUs) to…