• Crude Oil (WTI) 88.39 USD/bbl -0.83%
  • Crude Oil (Brent) 95.12 USD/bbl -0.27%
  • NYMEX Natural Gas 6.21 USD/MMBtu +1.15%
  • OPEC Basket Price 94.80 USD/bbl +0.67%
Egypt

Modern Gas Lights First Natural Gas Flame in Al Munagah Al Kubra Village

The first natural gas flame was lit for the first household in Al Munagah Al Kubra village in the center and city of Al-Husseiniyah in Al-Sharqiya Governorate, after Modern Gas finished pumping gas in the village, which is included in the first phase of the presidential initiative Haya Karima ('Decent Life').

Aramco

Aramco Signs 59 Agreements Under the Iktva Program

Aramco inked 59 corporate procurement agreements (CPAs) with 51 domestic and international firms, potentially resulting in the creation of 5,000 new employment in the Kingdom of Saudi Arabia over the following ten years. The $11 billion deals are anticipated to strengthen Aramco's reliable supply chain and lead to the establishment of facilities for the production of materials in the Kingdom.

Egypt

Egypt, Ruhrpumpen Discuss Manufacturing Activities of Pumps

Minister of Petroleum and Mineral Resources Tarek El Molla met with Cesar Elizondo, President of the German Ruhrpumpen Company, and his accompanying delegation, the ministry said in a statement.

Digital Transformation

Eaton to Showcase Innovative Solutions at Cairo ICT 2022

Eaton, the intelligent power management company, announced that it will showcase live demonstrations of its unique range of power quality and data center products and solutions at Cairo ICT from which will be hold in 27 November. 

Egypt

Nasr Petroleum Company Assigns Energy Management Systems Rehabilitation to PetroSafe

Nasr Petroleum Company has assigned the Petroleum Safety and Environmental Services Company (PetroSafe) the rehabilitation and granting works to obtain the energy management certificate in accordance with international standards ISO 50001.

Chariot Announces New JV with Etana

Chariot Limited, the transitional energy company with a focus on Africa, is happy to announce that it has established a new joint venture through a 25% stake in Etana Energy (Pty) Limited ("Etana"), a new South African electricity trading company that has been granted an electricity trading licence by the National Energy Regulator of South Africa ("NERSA").

Egypt

Lekela Power Targets to Invest $2 billion in Egypt

Lekela Power’s CEO, Chris Antonopoulos, announced that the company plans to double its electricity production from renewable energy four times by investing $6 billion by 2026 dedicating $2 billion to invest in Egypt.

Egypt

Chilean Energy Minister Visits ENAP Sipetrol Egypt Branch in Cairo

During the presence of Chilean authorities at COP27 held in Sharm El Sheikh, Egypt, Diego Pardow, Chilean Minister of Energy, with the Ambassador of Chile in Egypt, Roberto Ebert, visited ENAP Sipetrol Egypt branch’s premises. A meeting was held with ENAP Sipetrol Egypt General Manager, Denisse Abudinén Butto.

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