Egypt’s drop in gas supplies renews concerns in Jordan
There has been no indication from the Egyptian government when gas supplies…
Turkey inks $12-bn energy project with UAE
"This is the second-biggest investment made in Turkey after the two nuclear…
Ministry of Finance allocates $100m for petroleum deficit
The Ministry of Finance (MOF) has allocated EGP 100 million to the…
International renewable energy companies take interest in Marsa Allam
By Abdelrazik Al Shewikhy In collaboration with several Italian organisations in the…
$150m to resolve petroleum shortage crisis
A committee has been formed between the Ministry of Finance and the…
EGP 1bn from the Social Fund to finance petrochemical projects
The Industrial Development Authority (IDA) is conducting negotiations with the Social Fund…
€50m French loan to expand electricity grid
By Islam Zayed The French Ambassador to Egypt, Nicolas Galey, and…
British Petroleum draws first gas from Seth development Block
Energy veteran British Petroleum (BP) has announced production of first gas from…
EU oil embargo on Iran comes into effect
Oil market observer bodies and analysts say the embargo, coupled with US…
Oil prices drop before Fed stimulus announcement
Many on Wall Street were betting that the Fed would unveil plans…