EU | Egypt Oil & Gas - Part 7
EU to Fund Egypt with $142m
EU’s Head of the European Neighborhood Policy and Enlargement Negotiations, Johannes Hahn, will sign a $142.17m funding package to support social and economic reforms in Egypt.
EU’s TARES Project in Egypt Eyes 18% Energy Saving by 2035
The European Union (EU) has announced that their funded Technical Assistance to Support the Reform of the Energy Sector (TARES) project in Egypt can achieve feasibly energy savings up to 20 million tons of oil equiva ...
EU’s Twinning Project to Develop Egypt’s Power Sector
In partnership with the Regulatory Authority for Energy of the Hellenic Republic (RAE) and the Italian Regulatory Authority for Electricity, Gas, and Water (AEEGSI), the Egyptian Electric Utility and Consumer Protect ...
Sonatrach Foresees Rise in Algeria’s Oil Output
Algeria's oil and gas output is moving back to growth after years of stagnation, helped in part by increased production at the North African OPEC member's existing fields.
Crude Investors Flee to Safety after Brexit
The UK’s surprising vote to for Brexit has brought a new level of uncertainty into the markets as investors started to withdraw from the international oil and gas market and the oil prices started to falter. Analysts ...
Juncker, Putin Discuss Nord Stream Gas Project
President of the European Commission, Jean-Claude Juncker, meets Russian President Vladimir Putin in June, for the first time since November 2014.
Russia Mulls EU Southern Gas Routes with EC
Russian Energy Minister, Alexander Novak, has declared that Russia is ready to consider any mutually beneficial options for delivering gas to Southeastern European countries – Greece and Italy – including through Bul ...
Algeria, EU Pledge Action on Improving Investments
On the backdrop of the very first EU-Algeria Energy Business Forum, European Union officials and energy firms urged Algeria to adapt to more competitive energy markets so as to attract the investment needed to pump m ...
