Ukraine and Russia strike deal on winter gas supplies
Ukraine and Russia have finalized an agreement providing Kyiv with gas supplies…
IAEA interested in assisting Egypt in Dabaa Nuclear Power plant
Director General of IAEA expressed willingness to send delegation to Cairo to…
Oil supply forecast to shrink next year
Cheap oil prices have been massively affecting global markets, from countries' budgets…
Cheap oil threatens North Sea fields
Low oil prices have strained the budgets of countries, which depend mainly…
Eni’s share value inches up after announcement of Egypt’s natural gas discovery
The value per share reached €15.2 after company's CEO announced that he…
Mac Optic to build petrochemical plant in Gulf of Suez: Vice President
Company signed contracts with Nigerian companies, negotiations underway with Iraqi government for…
New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive
Gas discovery will, however, enhance economy, reduce budget deficit and create job…
$600m of foreign partners’ dues paid last month: El Molla
CBE provided $1.2bn over the past two months for gas and fuel…
Led by Saudi Arabia, Persian Gulf oil countries resist tough climate agreement
Saudi Arabia is being accused of trying to water down the climate…
Egypt’s OTMT, European REC to provide solar power integrated solutions
The implementation of solar power plants tends to be much faster than…