El-Nasr Company for Intermediate Chemicals (NCIC) has assigned to the Engineering for the Petroleum & Process Industries (Enppi) the task of managing the implementation of the third phase of the phosphate and compound fertilizer complex project in Ain Sokhna, in the presence of Walid Abu Al Magd, NSPO Director.
Baker Hughes has reported a net income of $1.943 billion, up $2.544 billion year-over-year, according to its press release about its Q4 2023 results.
Idemitsu, the second largest petroleum refiner in Japan, has said that it plans to turn Yamaguchi refinery into a hub of carbon-free energy such as solar power and hydrogen by the 2030s.
Anja Dotzenrath, the Executive Vice President of Gas and Low Carbon Energy at bp has expressed the company’s readiness to expand its business and pupil new investments in Egypt, especially in the field of natural gas in the Mediterranean region.
Under the wise leadership of His Excellency Minister of Petroleum and Mineral Resources Tarek El Molla, Egypt’s oil and gas sector has evolved into a superior economic force that carries significant weight in the East Mediterranean market. We will talk to the mastermind behind Egypt’s energy renaissance as the nation sprints towards its goal of becoming a regional energy trading hub, uncovering the sector’s key accomplishments of 2023.
Ministry of Petroleum and Mineral Resources Tarek El Molla has outlined the major contribution the Co-operation Petroleum Company (Copetrole) and Misr Petroleum have made in securing citizens’ needs of fuel, in addition to the needed mazut for electricity and needed petroleum products at suitable prices.
The UN Climate Summit (COP27) has paved the way for the hydrocarbon industries to be part of the climate action talks in COP 28. The COP 27 Decarbonization Day was focused on implementing the Global Methane Pledge, a voluntary agreement to reduce global methane emissions by at least 30% from 2020 levels by 2030.
Chevron has announced its plans to sell its natural gas business in Canada's Duvernay Shale as part of its efforts to streamline global operations following several acquisitions.
The 28th United Nations Climate Change Conference, better known as COP28, convened in Dubai, United Arab Emirates, from November 30 to December 12, 2023. This global gathering served as a crucial platform for nearly all nations to unite in confronting the escalating climate crisis.
Energy is vital for the sustainable development of any nation, be it social, economic, or environmental, as it is linked to industrial production, agricultural output, community, quality of life, health, access to water, education, etc. In the past few decades, energy demand and consumption have increased exponentially globally, due to an increase in population and industrialization. A worldwide spotlight shines on energy management, with a chorus of voices calling for resource conservation, clean energy adoption, and emission reduction to preserve our planet and combat the looming threat of climate change.
