Europe | Egypt Oil & Gas - Part 2
EETC, Jan De Nul Group Sign Energy Export MoU
Prime Minister Mostafa Madbouly has witnessed the signing of a memorandum of understanding (MoU) between the Egyptian Electricity Transmission Company (EETC), and Belgian company Jan De Nul Group, a leader in the fiel...
Harbour Energy, bp to Develop Viking CCS Project
Harbour Energy and bp signed an agreement to develop the Viking CCS transportation and storage project. Harbour will be the project’s operator of Viking CCS with a 60% working-interest, with bp acquiring a 40% n...
Europe Reduces Winter Gas Consumption
Europe’s gas consumption has significantly shrunk from August to January, due to unusually warm weather which decreased the use of household heating. This is in addition to soaring prices curtailing industrial o...
G7 to Assess Level of Price Cap on Russian Oil in March
According to the U.S. Treasury, the Group of Seven officials have decided to evaluate the level of the price cap on Russian oil exports in March rather than January, as initially anticipated, in order to give the mark...
El Molla: Renewable Energy Projects to Accelerate Egypt’s Power, Hydrogen Exports
Minister of Petroleum and Mineral Resources Tarek El Molla stated that renewable energy projects will allow Egypt to accelerate its plan to export electricity and hydrogen to Europe within five years, he said in an in...
Russia to “Replace” Nordstream 2 with Siberia 2 Pipeline to China
According to a statement from Moscow, Nord Stream 2 will be “replaced” by a different gas pipeline to China, euronews reported. Russian Energy Minister Alexander Novak announced that Power of Siberia 2, a ...
Portugal PM Calls on France to Support MidCat Gas Pipeline
Portuguese Prime Minister Antonio Costa has demanded that France stops blocking its planned MidCat gas pipeline through the Pyrenees, pointing out that it will be essential for reducing dependence on Russian gas in ce...
Russian Gas Continues to Flow to Europe Despite Nord Stream 1 Halt
Natural gas shipments through major routes from Russia to Europe continue to be steady, even with the Nord Stream 1 pipeline remaining closed, Reuters reported. The Yamal-Europe pipeline carried continuous eastward na...
