Browsing Category
Energy
EIA releases analysis on Egypt’s energy
The US Energy Information Administration (EIA) has recently released a Country Analysis Brief on Egypt's energy…
Egypt approves 150 MW wind power expansion project
The Egyptian Cabinet approved on Wednesday a proposal from the consortium of Engie, Toyota, and Orascom to expand…
Egypt to boost energy investment, exploration
Prime Minister Mostafa Madbouly underscored the importance of advancing petroleum and gas exploration through the…
China’s oil consumption plunges as power demand soars
Slower consumption in China led OPEC to lower global oil demand growth estimates this week.
EBRD funds €25.1m solar project in Bosnia, Herzegovina
The European Bank for Reconstruction and Development (EBRD) has provided a €25.1 million loan to Elektroprivreda…
Islamic bank support for Egypt’s energy sector stands at $2.02b in 10yrs
The Islamic Development Bank (IsDB) supported multiple energy projects in Egypt, resulting in a 14 per cent rise in…
Germany’s EON invests €2.9b in H1 to enhance power grids
The German utility AEON SE significantly increased its investments by over 20 per cent in the first half of 2024,…
India’s Adani to supply power to Bangladesh
Adani Power’s coal-fired power plant in Jharkhand, originally contracted to exclusively supply 1,600 megawatts (MW)…
Global oil demand up in Q2 ’24 – IEA
Global oil demand rose by 870,000 barrels per day (kb/d) in the second quarter of 2024, according to the…
Intl. study backs feasibility of Black Sea energy project
The Black Sea Energy project, which aims to lay a submarine cable to supply green energy to Europe, has been found…