energy

Energy agency: End new fossil fuel supply investments
World

Energy agency: End new fossil fuel supply investments

BERLIN (AP) — A report by the International Energy Agency says immediate action is needed to reshape the world’s energy…
Taiwan, hit by power outage, works to restore supply by evening
World

Taiwan, hit by power outage, works to restore supply by evening

Tech powerhouse Taiwan started phased blackouts islandwide on Thursday after an outage at a coal- and gas-fired power plant hit…
US$1 billion in new investments for Khaleda and Qarun oil fields
Business

US$1 billion in new investments for Khaleda and Qarun oil fields

Egyptian Minister of Petroleum and Mineral Resources, Tarek al-Molla, chaired, on Wednesday, the meeting of the general assembly of both…
Saudi Arabia sees over $200 bln in savings from energy reforms plan – FinMin
Middle East

Saudi Arabia sees over $200 bln in savings from energy reforms plan – FinMin

Saudi Arabia could save over $200 billion over the next decade by replacing liquid fuel used for domestic consumption with…
Hike in fuel prices across Egypt starting Friday
Egypt

Hike in fuel prices across Egypt starting Friday

On Friday, the Egyptian Ministry of Petroleum announced an increase in gasoline prices and fixed other fuel prices from April…
Egypt’s Ministry of Oil signs two Mediterranean and Red Sea production-sharing agreements with Shell
Business

Egypt’s Ministry of Oil signs two Mediterranean and Red Sea production-sharing agreements with Shell

The Egyptian Ministry of Oil and Mineral Resources has signed two production-sharing agreements (PSC) with Dutch Oil Company Shell for areas…
Egypt signs 9 oil and gas exploration agreements for Mediterranean and Red seas
Business

Egypt signs 9 oil and gas exploration agreements for Mediterranean and Red seas

Egypt’s Minister of Petroleum and Mineral Resources, Tarek el-Molla, signed on Friday nine new agreements to search for oil and…
Eni announces new oil discovery in Egypt’s Western Desert
Business

Eni announces new oil discovery in Egypt’s Western Desert

The Italian Oil Company Eni announced on Wednesday the discovery of new oil resources in Egypt’s Western Desert, adding 10,000…
Egypt says studying electricity interconnection with Cyprus, Greece
Egypt

Egypt says studying electricity interconnection with Cyprus, Greece

Egypt’s Minister of Electricity and Energy Mohamed Shaker announced Monday that his country is currently studying electricity interconnection with Cyprus…
Egypt plans to convert solid waste into electricity
Egypt

Egypt plans to convert solid waste into electricity

Egypt’s Minister of Military Production Mohamed Morsy met with the CEO of Green Tech Egypt Robert Valk Friday to discuss…
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