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Energy
US energy costs to stay relatively stable in winter – EIA
US energy costs are projected to hold steady in the coming months, supported by lower fuel prices that may cushion…
Sweden’s Sweco to design battery storage project in Belgium
Swedish engineering consultancy Sweco announced plans to design one of Europe's largest battery energy storage…
EU approves €500m Romanian biofuel investment scheme
The European Commission has approved a €500 million (RON 2.5 billion) investment scheme in Romania aimed at…
Egypt’s investment minister reviews Forbes Tower project
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Magnum Properties CEO Majid Marei, the…
Egypt signs hydrogen co-operation deal with German state of Bavaria
Egypt's Ministry of Electricity and Renewable Energy has signed a joint declaration of intent (JDI) with Bavaria,…
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…