Features

Yara Elmeligy

  • The Environmental Benefit of Fuel Subsidy Elimination
    Industry Insights

    The Environmental Benefit of Fuel Subsidy Elimination

    Monday, 9th September 2019

    Fossil fuel subsidy reform (FFSR) is the missing piece of the climate change puzzle. The elimination of fossil fuels subsidies is believed by environmental experts to highly contribute to the goal of the Paris agreement, which builds upon the United Nations Framework Convention. The agreement aims to combat climate change by preventing the average global temperature from rising above 2 degrees Celsius from that of pre-industrial levels and limit the temperature increase even further to 1.5 degrees Celsius. It is estimated that FFSR could lead to carbon emission reductions equivalent to a quarter of the combined effort currently proposed by countries as part of the Paris Agreement.

  • Gas Regulation in the EMGF Countries
    Overview

    Gas Regulation in the EMGF Countries

    Monday, 9th September 2019

    Recent decades have seen a marked boom in the development of offshore oil and gas activities. Due to the increasing energy demand and new technological innovations, offshore drilling extended their activities in the deep water areas. As of today, almost a third of the oil and a quarter of the natural gas consumed in the world comes from the underwater. This rush to offshore oil and gas exploration and production is not about to end as forecasts show a continuing growth of production in traditional offshore regions and significant development in new areas, particularly the Eastern Mediterranean region.