Iran Launches Geothermal Project Amid Power-Draining Heat Wave

• Sunday, 30th August 2015
• by Egypt Oil & Gas

Trade Arabia reported that Iran is building the Middle East’s first geothermal power plant. The pilot station will be in northwestern Meshgin Shahr, Ardabil province, at the foot of a dormant volcano. The 50-meg...

Dubai Equity Firm to Go Geothermal in Germany with $168.8 million

• Thursday, 18th June 2015
• by Egypt Oil & Gas

Greenstone Equity Partners, a leading independent fund placement firm in the Middle East, has collaborated with Deutsche ErdWärme, a Karlsruhe, Germany-based geothermal development company, to raise up to €150 million...

Fracking Update: Clean Geothermal Power from Water Waste

• Thursday, 23rd April 2015
• by Egypt Oil & Gas

Oil fracking companies seeking to improve their image and pull in a little extra cash are turning their waste water into clean geothermal power. For every barrel of oil produced from a well, there’s another seven of w...