Prime Minister Announces Approval of Two New Renewable Projects

• Sunday, 25th August 2024
• by Sarah Samir

Prime Minister Mostafa Madbouly has announced that the Cabinet, in its recent meeting, approved two major renewable energy projects for foreign investors, with direct foreign investment. The state aims to add more tha...

TotalEnergies to Stop Funding New Projects in Russia

• Tuesday, 1st March 2022
• by Fatma Ahmed

TotalEnergies announced that it will not provide capital for any new projects in Russia. It made this statement in a press release in which it condemned Russia’s military aggression against Ukraine. TotalEnergie...

Iran’s Daily Natural Gas Transmission Increases by 10 mmcm

• Thursday, 10th February 2022
• by Fatma Ahmed

The CEO of the Iranian Gas Engineering and Development Company (IGEDC) Reza Noshadi announced that Iran’s daily capacity of natural gas transmission has increased by 10 million cubic meters (mmcm) after the operation ...

EGAS to Sign Seven Agreements Worth $690 MM in FY 2020/21

• Thursday, 27th February 2020
• by Fatma Ahmed

the Egyptian Natural Gas Holding Company (EGAS) targets to sign seven agreements with a cost of $690 million and a signature bonus estimated at $16 million, EGAS Chairman Osama El Bakly said while discussing the compa...

Achievements in the Petrochemicals Industry in Q1 2019/20

• Sunday, 24th November 2019
• by Editorial Team

Egypt’s oil and gas sector managed to implement a number of new projects in the petrochemicals industry and execute an expansion strategy for infrastructure, in addition to following a plan to accelerate the delivery ...

Ministry of Petroleum to Implement 11 New Projects with $15 B Investments

• Wednesday, 12th June 2019
• by Mai El Ghandour

The Ministry of Petroleum and Mineral Resources announced that it aims to implement 11 new projects for the development of new gas fields with investments of about $15 billion until mid-2022, Al-Ahram reported. Accord...

Ministry of Petroleum to Invest $18 B in Gas Projects

• Monday, 13th May 2019
• by Editorial Team

The Ministry of Petroleum and Mineral resources targets developing 11 natural gas projects in different concession areas, with an investment of $18 billion, Alborsa reported. The decision aims to compensate for the no...

KNPC to Spend $5.2B on Sustainable Energy Projects over Next Five Years: Al-Mutairi

• Wednesday, 19th December 2018
• by Editorial Team

Kuwait National Petroleum Company (KNPC) has set aside $5.2 billion to carry out projects in the upcoming five years, KNPC CEO Mohammed Al-Mutairi said, according to The Arab Times. This budget excludes the value of t...

Egypt to Implement 12 New Gas Projects

• Wednesday, 27th September 2017
• by Sarah Samir

Egypt will implement 12 new gas-development projects over the next four years, the Minister of Petroleum and Natural Resources, Tarek El Molla, told Daily News Egypt. The projects are estimated to cost $17.5 billion. ...