Egypt reports rise in hydroelectric production
Egypt has reportedly witnessed an increased in hydroelectric production by 5.5 percent in fiscal year 2022-2023, an…
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Energy
Chevron to buy competitor Hess for $53bln
US energy giant Chevron said on Monday it will buy its rival Hess in a $53 billion all-stock deal.
Iraq, UAE’s Crescent launch 3 deals to develop oil and gas fields
Iraq launched three energy contracts with UAE's Crescent Petroleum to develop three oil and gas fields in Iraq,…
ExxonMobil agrees to buy Pioneer in $59.5bln deal
ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
ADQ to buy stakes in 3 Egyptian energy firms before year-end: minister
Abu Dhabi's state holding company ADQ will buy stakes in three Egyptian energy firms before the end of the year,…
Egypt to resume LNG exports this month – minister
Egypt will resume exporting liquefied natural gas (LNG) this month as planned, said Minister of Petroleum and…
BP wins offshore exploration block in Egypt
UK oil and gas major BP announced on Monday that it won a bid for an offshore exploration block in Egypt as part of…
QatarEnergy lays foundation stone for North Gas Field expansion project
QatarEnergy laid the foundation stone for the expansion project of the North Gas Field in Qatar, it said on…
Egypt to export solar power to UK, Europe
Egypt is set to export solar power to Europe and the United Kingdom from a new project under development now, the…
Egypt announces new international bid for oil, gas exploration in 23 areas
Egypt's petroleum ministry has on Monday announced an international bid round for gas and oil exploration in 23 new…