Turkey’s current account likely to post $2.8b deficit in Jan.
Turkey's current account is expected to have a deficit of $2.8 billion in January and is projected to reach $32…
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Energy
Engie’s ’24 outlook brightens after profit jump
Engie, a French energy firm, announced On Thursday, it increased its financial forecast for 2024 following a rise…
Turkey’s BOTAS, Egypt’s EGAS agree to boost co-operation
Turkey's state energy company BOTAS said on Thursday it had held talks with Egypt's state-run natural gas company…
Kenya announces $2bln bond-buyback programme
Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
Sameh Sabry to lead Wintershall Dea’s new business unit in MENA
German oil and gas producer Wintershall Dea said on Thursday its activities in Algeria, Egypt, Libya, and the UAE…
Cyprus’ Aphrodite gas field; strategic asset for resilient ties with Egypt
Cyprus and Egypt enjoy strong bilateral relations and all-round cooperation in various fields, particularly energy.…
Shell begins layoffs to boost performance
Shell Plc. has started laying off hundreds of employees with some in its low-carbon solutions unit among the first…
Swiss, Thai groups seal 1st carbon offset deal
Energy Absolute, a Thai electric bus operator, announced on Monday the sale of its first carbon offsets to KliK…
Germany’s CO2 drop in 2023, lowest in 70 years
Germany’s carbon dioxide emissions in 2023 reached their lowest point since the 1950s due to a decrease in…
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…
