UN | Egypt Oil & Gas
TotalEnergies, bp, Equinor, Shell Commit $500M to Enhance Global Energy Access
Oil and gas giants TotalEnergies, bp, Equinor, and Shell have pledged $500 million to improve access to affordable energy, with a primary focus on sub-Saharan Africa and south and southeast Asia. This investment repre...
El Molla Participates in UN’s ECOSOC Forum
Minister of Petroleum and Mineral Resources, Tarek El Molla, has participated in the United Nations Economic and Social Council (ECOSOC) forum, 2021, under the title ‘Financing for Sustainable Development,’...
Egypt, UN Discuss Energy Cooperation
Egyptian and UN officials met to discuss cooperation in the Energy sector, Egypt Oil & Gas reports. Minister of Petroleum and Mineral Resources Tarek El Molla met with the First Undersecretary General of the Unite...
Libya Warns against Unapproved Independent Sales
Libyan National Oil Corporation (NOC) informed that it had found illegal trials to sell crude oil independently without its prior approval, warning potential buyers not to enter into these contracts, reported Reuters....
Power Africa to Get $1b in US Aid
More than $1b in debt and financing commitments from US agencies and private investors under Africa energy initiative, Power Africa, have been finalized, Reuters reported. Three years after the launch of Power Africa,...
World Bank Reports Decline in MENA’s Economic Growth
A World Bank’s recently published report on the Middle East and North Africa stated that 2015 economic growth in the region came to only 2.6%, falling short of a 2.8% forecast in October, as war, terrorism, and ...
UAE Stresses Developed World’s Commitments in Climate Change Action
In a COP21 speech, the UAE emphasized that the developed world bears commitments to the developing countries to help them fund their attempts to cope with the impacts of the climate change, UAE Interact reported quoti...
Iran Nuclear Derogation Wins International Accolades
Iran has disconnected almost a quarter of its uranium-enriching centrifuges in less than a month, the UN nuclear watchdog announced last week, reported Reuters. This would indicate that the country is racing to implem...
