fossil fuel | Egypt Oil & Gas

Global Energy Demand Slows as Renewables Surge, Egypt to Bring First Nuclear Plant Online by 2030: IEA

Global energy demand is expected to grow at its slowest pace in two decades as renewable power expands rapidly and fossil fuel consumption peaks before 2030, the International Energy Agency (IEA) said in its recently ...

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....

Egypt Saw 10% Rise in Fossil Fuel Usage

An official at the Egyptian Ministry of Petroleum stated to Egypt Oil&Gas that the ministry has spotted 10% increase in local usage of fossil fuel across all the governorates. The ministry’s official said th...

Japan to Switch to Coal

Coal is anticipated to outshine gas and become country’s largest power generator within the next three years, as power utilities are replacing aging nuclear capacity with fossil fuel, according to Bloomberg. Shi...

Fossil Fuel on the Way Out in Europe: Energy Chief

Gérard Mestrallet, chief executive of Engie, one of the world’s biggest power companies, says fossil fuel electricity generation is on the way out in Europe. The economics of gas and coal power generation have deterio...

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