EGYPES 2024 kicks off on February 19 driving energy transition, security, decarbonisation
The anticipated Egypt Energy Show (EGYPES) 2024 is set to open its doors from 19–21 February 2024 in Cairo, as the…
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Energy
Shell Egypt discovers new offshore natural gas reservoir
Shell Egypt has unveiled on Tuesday a new natural gas reservoir after completing the drilling of the first well in…
US experiences faster warming than global average
The climate crisis is causing the U.S. to heat up faster than the world average, according to a report released…
Egypt to import rare LNG cargo
Egypt is set to import a rare cargo of liquefied natural gas (LNG), Bloomberg reported on Friday.
Schneider Electric plans to raise Egypt investments by €8 million in 2023
French industrial group Schneider Electric said on Sunday it plans to increase its investments in Egypt by an…
Eni to begin production at Egypt’s Orion X1 well within 3 years
Italian energy giant Eni is set to start natural gas production at Orion X1 well in Egypt’s Eastern Mediterranean…
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…
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…