Minister of Planning and Economic Development Hala El-Said stated that public investments directed to the sector reached EGP 437 billion during the previous eight years from 2014/15 to 2021/22, compared to EGP 152 billion pounds during the preceding eight years from (2006/07 to 2013/14), with a growth rate of 188%.
Equinor and SSE Thermal are stepping up their efforts to contribute to decarbonization in the UK as Energy Capital Partners (ECP), an energy-transition infrastructure investor, is selling Triton Power to the companies, and they are preparing to use hydrogen in the Saltend Power Station.
According to Finance Minister Bruno Le Maire on Monday, France is preparing energy backup plans due to reductions in Russian gas flows that have affected the European market.
The General Authority for Investment and Free Zones (GAFI) witnessed the signing of 14 agreements in a number of investment fields between a group of government and private agencies in the Arab Republic of Egypt and the Kingdom of Saudi Arabia, at a value of $7.7 billion.
In a statement, Eni said that Gazprom had informed them it that it would deliver similar gas supplies on Saturday to those it sent in recent days indicating a fourth consecutive daily shortfall.
Malaysian state oil firm Petronas established Gentari as part of a global push to produce carbon-free energy.
Wintershall Dea pays the same salary regardless of gender and is the first energy company worldwide to receive the internationally recognized EQUAL-SALARY certification.
In his opening speech during the seventh ministerial meeting of the East Mediterranean Gas Forum (EMGF), Minister of Petroleum and Mineral Resources Tarek El Molla said that the current changes witnessed by the world demonstrate the significant role of the EMGF in securing energy supplies.
Minister of Petroleum and Mineral Resources Tarek El Molla signed a tripartite memorandum of understanding (MoU) with Karine Elharrar, Israeli Minister of Energy, and Kadri Simson, Commissioner for Energy and Climate of the European Union (EU), in the presence of Ursula von der Leyen, President of the European Commission.
The Gazprom Management Committee noted the progress of additional gas infrastructure expansion in the constituent states of the Russian Federation throughout the year 2022, including efforts to bring pipeline gas to residents within localities currently covered by the gas grid free of cost for the population.
