Misr Asset Management (MAM) is planning to inaugurate a solar power plant by end of 2015, at investment cost worth US$50 million. Speaking to Amwal Al Ghad on Tuesday, MAM’s managing director Hassan Abdel-Hamid stated...
Italy’s oil giant Eni said on Sunday it is interested in returning to Iran if sanctions against the country are lifted. Eni, which is seen as one of the largest energy groups of Europe, also said an expected change in...
Italy’s biggest utility Enel SpA is looking to sell its assets in Europe and Africa to raise as much as 1 billion euros ($1.07 billion) as its growth slows amid weak demand in Italy and Spain, Bloomberg reported...
Kuwait pays great attention towards the environmental development and the management of power sources, said Kuwaiti Ambassador to Italy Shaikh Ali Al Khalid Al Jaber Al Sabah on Sunday. The diplomat’s remarks were mad...
Italcementi, Suez Cement’s mother company, is currently focusing on energy source diversification at its Egyptian facilities, the mother company’s CEO Carlo Pesenti told Daily News Egypt. Pesenti said the company will...
The new round of talks between Iran and Italian Maire Tecnimont on building one of the ME’s biggest petrochemical parks in Asaluyeh was launched today. With the visit of Pierroberto Folgiero, CEO of Maire Tecnimont to...
President Abdel Fatah al-Sisi met Saturday with Chief Executive Officer of Italian oil producer Eni, Claudio Descalzi, who announced that his company intends to increase its investments in Egypt in the coming period. ...
Italy and Spain aim to reduce their dependence on North African natural gas imports, posing potential trouble for countries including Algeria, the one oil- and gas-rich country in the region so far spared from major s...
Gulfsands Petroleum plc, the AIM listed oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., provides an update on operations in Syria. Operations ...