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Cummins, Chevron Cooperate in Natural Gas Engine Demonstration with Walmart
As part of its commitment to the demonstration of Cummins Inc.'s new 15-liter natural gas engine for heavy-duty trucks, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, has reached definitive agreements to supply renewable natural gas fuel to Walmart Inc.
Modern Gas Lights the First Natural Gas Flames in Four Villages in Sohag
Modern Gas Company, a subsidiary of the petroleum sector, lit the first natural gas flame for the first household in the villages of Al-Gharizat, Al-Waqdah, and Al-Batakh in the Maragha city and center, as well as the village of Al-Qawiya in the Tama Center in Sohag.
Egypt’s Promising Path to a Greener Future
As Egypt walks down the path towards a greener future, the country has launched the National Climate Change Strategy 2050 and is adopting different initiatives to ensure their strategic targets are achieved.
I3 Awards Petrofac Three-Year Wells Contract
The UK North Sea licence areas of i3 Energy have chosen Petrofac to provide well engineering, well operations, and well operator services.
Modern Gas Brings Natural Gas to El-Qal’a Village As Part of Haya Karima Initiative
Modern Gas lit the first natural gas flame for the first housing unit in El-Qal'a Village, located in Abu Tesht city in the Qena Governorate.
Interest Rates, the Energy Market, and What Lies Ahead
Raising interest rates has become the textbook antidote to tackling any inflation crisis. However, when the matter is related to how heightened interest rates may affect the oil and gas markets, the matter becomes more complex.
Petrofac Awarded Decommissioning Contract with Tullow Oil, Expands Its Role in Africa
Having been selected to provide well decommissioning services by Tullow Oil in Mauritania, Petrofac, a global energy services provider, has expanded its presence in Africa.
EU Reveals EUR 210B Plan to End Energy Dependence on Russia
The European Commission presented a EUR 210 billion plan for Europe to end its reliance on Russian fossil fuels by 2027, using the pivot away from Moscow to accelerate its transition to green energy, Reuters reported.
Using Oil Bargaining Chip on Iran Nuclear Deal Negotiation Table
As the Ukraine crisis is increasing the West’s need for energy from other sources than Russia. Many experts refer to Iranian energy resources as a potential solution to the current energy crisis and a factor that can stabilize the fluctuated oil markets.
