carbon emissions | Egypt Oil & Gas

Madbouly Opens 1.2 MW Solar Power Plant at Nasr Petroleum

Prime Minister Mostafa Madbouly inaugurated a 1.2-megawatt (MW) solar power plant at Nasr Petroleum Company in Suez, as the Ministry of Petroleum and Mineral Resources (MoPMR) expands renewable energy use and improves...

Eni CEO Urges EU to Suspend ETS to Ease Industrial Costs

Claudio Descalzi, CEO of Italian energy giant Eni said on October 15 that EU should suspend its carbon emissions trading system (ETS), arguing that it is burdening the bloc’s industrial sector as companies face the ef...

Badawi Explores AI Adoption with SLB to Boost Oil Production

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Sherif Bayoumy, Managing Director of SLB (formerly Schlumberger) for Egypt and the Eastern Mediterranean, and Basil Abdel Wahab, SLB Vice President o...

FRA Mandates Carbon Disclosure and Offsets for Egypt’s Non-Banking Financial Institutions

The Financial Regulatory Authority (FRA) has issued Decision No. 36 of 2026, mandating non-banking financial institutions (NBFIs) to disclose their annual carbon emissions and offset a portion of their footprint. The ...

Egypt, Greece Discuss Joint Energy Projects, Natural Gas Exports to Europe

Karim Badawi, the Minister of Petroleum and Mineral Resources, held a meeting with Vassilis Kikilias, Greece’s Minister of Maritime Affairs and Insular Policy, to explore ways to strengthen cooperation and partnership...

PetroSafe Studies Carbon Emissions Reduction Work at PPC’s Site in Mostorod

The Petroleum Safety and Environmental Services Company (PetroSafe) plans to implement a study on reducing carbon emissions at the Petroleum Pipeline Company (PPC)’s site in Mostorod. The implementation of the study o...

El Molla: COP28 Ideal Opportunity to Continue Uniting Global Climate Action

Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that COP28, to be hosted by the UAE from November 30 to December 12, will be a new opportunity to continue unifying global efforts to reduce carbon ...

Chevron Affirms Higher Returns, Lower Carbon Goals

Chevron Corporation provided an update on its efforts to use its advantages to securely supply lower carbon energy to the developing world at its annual investor meeting. “Chevron intends to be a leader in both tradit...

TotalEnergies, Air Liquid Cooperate on Decarbonizing Hydrogen Project in Normandy Platform

Total Energies company announced that it has composed a partnership with Air Liquid to decarbonize hydrogen production at TotalEnergies’ Normandy platform in France, a statement issued by TotalEnergies declared. The s...

MoP Highlights Objectives of Car Conversion Project

The Ministry of Petroleum and Mineral Resources (MoP) announced that it has environmental, economic, and industrial goals among others to achieve through the project to switch more vehicles in Egypt to run on natural ...

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