GUPCO starts production at North Safa oil field in Suez Gulf
The Gulf of Suez Petroleum Company (GUPCO) has started oil production from the first well at Safa North Petroleum…
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energy sector
Russia’s oil exports to China hit 50% in 2023
Russian Deputy Prime Minister Alexander Novak stated on Wednesday that China received half of Russia’s oil and…
COP29 still without host as Russia blocks Bulgaria’s bid
Russia, which is facing sanctions from the European Union due to its war in Ukraine, is objecting to the idea of…
Egypt, Italy sign green electric corridor MoU at COP28
The German Siemens Energy Group and the Italian Prysmian Group announced on Tuesday the signing of a memorandum of…
OPEC chief warns of energy chaos if oil left underground
At the COP28 summit in Dubai, Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General Haitham…
COP28: U.S. joins global pledge to cut cooling emissions
The United States, along with at least 60 other nations, has committed to a pledge to reduce cooling emissions by…
Arab Energy Fund invests $1bln in decarbonisation
The Arab Energy Fund, formerly APICORP, announced on Monday that it intends to invest up to $1 billion in…
South Africa to produce its first electric car by 2026
South Africa's Trade Minister, Ibrahim Patel, announced on Monday that South Africa's auto industry will likely…
Egypt’s strategy for lower methane emissions underway – oil minister at COP28
Egypt plans to develop a local strategy designed to reduce methane emissions, Minister of Petroleum and Mineral…
COP28: Donors pledge $777 million to fight NTDs in Africa
During the Reaching the Last Mile (RLM) Forum at COP28, global donors pledged $777 million to combat neglected…
