TAQA Arabia, Voltalia Sign Renewable Energy-Green Hydrogen Framework Agreement
TAQA Arabia and its partner Voltalia have signed a framework agreement during the Egypt-EU Investment Conference 2024, which was held on June 29 and 30 in Cairo.
TAQA Arabia and its partner Voltalia have signed a framework agreement during the Egypt-EU Investment Conference 2024, which was held on June 29 and 30 in Cairo.
The latest China-Arab Forum has revealed a significant evolution in the political and economic dynamics between China and the Arab world, underscoring not only their shared political stances, but also an ambitious agenda to deepen economic cooperation, particularly in the energy sector. This shift signals a transformative phase in China-Arab relations, with a focus extending beyond traditional oil and gas transactions to embrace energy transition and renewable energy initiatives.
Egypt has exported fuel and mineral oils worth $107 million to Jordan in 2023. Meanwhile, Egypt has imported fertilizers worth $105.6 million from Jordan during the same year.
Egyptian Prime Minister Mostafa Madbouly and Jordanian Prime Minister Bisher Al-Khasawneh have chaired the work of the 32nd session of the Egyptian-Jordanian Joint Higher Committee.
Egypt is strategically positioning itself as a regional energy hub by focusing on various initiatives in the energy sector, including liquified natural gas (LNG) exports, Suez Canal expansion, and investments in renewable energy. Accordingly, Egypt is addressing several paths that underscore its commitment to sustainable energy practices, energy security, and its aspiration to become a pivotal player in the regional and global energy landscape.
Minister of Petroleum and Mineral Resources Tarek El Molla has held a meeting with Hayan Abdul Ghani, Deputy Prime Minister and Minister of Oil of Iraq, and the accompanying delegation.
The Ministry of Oil has announced that its earnings for the month of December have exceeded $8 billion, according to preliminary statistics released by the State Organization for Marketing of Oil (SOMO)
Being a fairly recent discovery, liquefied natural gas has opened the doors to new possibilities and potentially faster, more secure access to hydrocarbon energy resources. Groomed to be the ideal transitional fuel that will power the world market’s evolution into a global economy that will be largely dependent on renewable energy, LNG has been the impetus behind reform not only when it comes to emissions reduction and climate action, but major infrastructural changes as well.
The devastating conflict between Hamas and Israeli forces in Gaza has caused immense suffering, particularly for innocent civilians who have borne the brunt of the violence. Despite the Israeli campaign to eradicate Hamas, the goal seems increasingly distant, leaving Gaza in a state of uncertainty. While the future remains uncertain, several potential scenarios could unfold for post-war Gaza.
Iraq has recorded an increase in crude oil exports, reaching 109,545,589 million barrels which generated $9.6 billion of revenues, according to a statement from Iraq’s Oil Ministry.