EU | Egypt Oil & Gas - Part 4

Egypt, EU Sign Agreement to Fund EPAP III

Minister of Environment Yasmine Fouad signed a joint cooperation agreement with the European Union (EU) to obtain a grant of €4 million (equivalent to $4.07 million), within the framework of cooperation between the Mi...

EU Looks to Nigerian Gas to Substitute Russia Supplies

In preparation for potential Russian supply cuts, the European Union wants additional gas supplies from Nigeria, said Matthew Baldwin, deputy director general of the European Commission’s energy department, Reut...

EU Provides Egypt with $120.4 M Grant for Water, Energy Development: MOIC

Minister of International Cooperation Rania Al-Mashat has announced that the European Union (EU) has provided €117.9 million (around $120.41 million) of development financing to support the budget of the water and ene...

Ninth Association Council Meeting Between Egypt, EU Addresses Sustainable Development

The ninth meeting of the Association Council of the European Union (EU) and Egypt took place in Luxembourg, where the robust and multifaceted partnership between the two parties was affirmed.  The Association Council ...

EMGF Roundtable Discusses Needs for Energy Supplies, Decarbonization

On the sidelines of the East Mediterranean Gas Forum’s (EMGF) ministerial meeting, a roundtable has been held to discuss how to secure energy resources, especially natural gas, and boost carbon removal efforts. During...

Egypt Signs Tripartite Deal to Boost Natural Gas Exports to Europe

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 ...

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....

El Molla Inaugurates EPEEC Conference and Exhibition

Minister of Petroleum and Mineral Resources, Tarek El Molla, inaugurated the third conference and exhibition for energy efficiency in the petroleum sector (EPEEC 2022), in the presence of heads of organizations, holdi...

German Unions, Employers Oppose Halting Russian Gas

Germany’s unions and employers joined efforts to oppose the European Union’s (EU) immediate ban on Russian natural gas, which comes as a result of the Russian invasion of Ukraine, AP News reported. The opp...

OPEC Tells EU There’s No Substitute for Russia’s Oil Supply

During the OPEC-EU meeting on Monday, OPEC let the European Union know that it would be impossible to find a replacement for Russian oil and sanctions may make supply shocks even worse, Reuters reported. OPEC Secretar...

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