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.
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.
Within the framework of his participation, on behalf of President Abdelfattah El Sisi, in the 18th summit of the L'Organisation Internationale de la Francophonie in Tunisia, Tarek El Molla, Minister of Petroleum and Mineral Resources and head of the Egyptian delegation at the summit, met with Louise Mushikiwabo, Secretary General of the L'Organisation Internationale de la Francophonie (OIF).
Minister of Petroleum and Mineral Resources Tarek El Molla stated that renewable energy projects will allow Egypt to accelerate its plan to export electricity and hydrogen to Europe within five years, he said in an interview with Bloomberg on the sidelines of COP27.
On behalf of President Abdelfattah El Sisi, Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the Egyptian delegation which is participating in the International Organization of La Francophonie (OIF), which is being held currently in Tunisia in attendance of more than 33 Presidents and 80 representatives.
SDX Energy Plc announces its unaudited financial and operating results for the three and nine months ended 30 September 2022. The company's oil and gas production recorded 512 barrels per day (b/d) and 19.3 million standard cubic feet per day (mmscf/d), 3,729 barrel of oil equivalent per day (boe/d), which is 3% higher than mid-point full-year guidance of 3,480 - 3,795 boe/d.
Alongside COP27 and the success of Decarbonization Day led by Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources on 11 November 2022, with keynote addresses of John Kerry, US Special Presidential Envoy for Climate, and Gerd Muller, UNIDO Director General, the Ministry of Petroleum and Mineral Resources highlighted its intent to work on enhancing the sustainability of the sector’s business processes within the Ministry’s decarbonization strategy.
Minister of Petroleum and Mineral Resources Tarek El Molla has praised and appreciated the petroleum sector achievements as well the workers' performance during the past eight years on the occasion of the 47th anniversary of Petroleum Day.
United Oil & Gas PLC (UOG) announced that the preliminary tests for its ASH-4 showed that its production flow rates reached 2,101 barrels of per day (bbl/d) of oil in addition to 3 million standard cubic feet per day (mmscf/d) from the Alam El Bueib ("AEB") reservoir on a maximum 40/64" choke.
Infinity Power and its consortium partners, Masdar and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyptian state-backed organizations for the development of a 2 gigawatt (GW) green program the Suez Canal Economic Zone (SCZONE).
