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COP 28: No Magic Wand, But Powerful Tools Revealed to Combat Climate Change

Decarbonization hinges on revolutionary new technologies. To meet aggressive climate goals, substantial investments are urgently needed from both governments and the private sector. COP 28 offered a crucial platform for global innovators and investors to showcase their potential and forge alliances that drive tangible decarbonization advancements across all industries, including the critical challenge of transitioning the oil and gas sector.

Energy Management, Technical and Legal Vision

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.

From Ukraine’s Ashes to Gaza’s Inferno: 2023’s Conflicts Burn Bright, Casting Shadows on Global Security

The year 2023 may go down in history as a period shrouded in the darkness of conflict and chaos, where senseless wars ravaged nations, claiming the lives of innocent civilians and devastating societies. Throughout this tumultuous year, the world witnessed a wave of state-sanctioned conflicts that not only intensified existing tensions but also brought about catastrophic consequences that could have been prevented. Unfortunately, such consequences spread out of its locations affecting everyone on the planet.

National Pipelines Get Major Efficiency Boost

During the general assembly of the Petroleum Pipeline Company (PPC), Minister of Petroleum and Mineral Resources Tarek El Molla has confirmed that the national oil transport network, which represents the main arteries for supplying the country with energy, has witnessed great interest in strengthening and raising the efficiency of its lines that transport crude oil and petroleum products to refining and distribution areas to consumers.

EMRA Signs Two Gold Exploitation Contracts

Minister of Petroleum and Mineral Resources Tarek El Molla has signed a contract for the exploitation of gold ore and associated minerals in the Abu Marwat region in the Eastern Desert between the Egyptian Mineral Resources Authority (EMRA) and Canadian mining firm Aton Resources.

Talos Energy to Acquire QuarterNorth Energy for $1.29B

Oil and gas company Talos Energy has announced its plans to acquire QuarterNorth Energy in a deal worth $1.29 billion.

Bulgaria Shifts Away from Russian Oil

Bulgaria has made the decision to replace its imports of Russian crude oil with oil from other countries such as Kazakhstan, Iraq, and Tunisia.

ETHYDCO Takes Center Stage at PLASTEX2024

The Egyptian Ethylene and Derivatives Company (ETHYDCO) has participated in one of the most important economic events in the field of plastics and petrochemicals industry in one of the largest exhibitions serving the markets of the Middle East and North Africa.

Shell Signs 20-Year Purchase Deal with Canadian Ksi Lisims LNG Project

Global gas giant Shell will purchase two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, said partners in a proposed LNG project in Canada.

El Molla Highlights Mining Sector Development in Egypt During International Mining Conference

Minister of Petroleum and Mineral Resources Tarek El Molla has highlighted the comprehensive development and upgrading of Egypt's mining sector through the implementation of an integrated modernization program.

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