oil and gas

May 24, 2022
ABD establishes two factories to convert waste into energy to produce 123 MW/hr
Mohamed Hillel, Chairperson of the Egyptian Arab British Company for Dynamic Industries (ABD) said that the company established two giant factories......
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May 17, 2022
Taqa Arabia acquires Rosetta Energy’s LNG unit
ArabFinance: Taqa Arabia, a subsidiary of Qalaa Holdings (CCAP), has acquired the liquified natural gas (LNG) unit of Rosetta Energy, according to......
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May 17, 2022
Elsewedy Electric launches busway system facility
ArabFinance: Elsewedy Electric (SWDY) has launched a busway dielectric epoxy insulation system facility, deeming it the first of its kind in Africa,......
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May 11, 2022
14 entities participate in project to build capacity of geothermal energy in Egypt
Fourteen Egyptian and international entities are participating in a project to build the capacity of geothermal energy in Egypt, which aims to implement......
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May 6, 2022
Wartsila wins Egyptian power plant contract
Finnish company Wartsila has won a contract to deliver power generation equipment to upgrade an existing power plant in Egypt, according to a Meed......
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May 5, 2022
Egypt to store carbon dioxide in cooperation with Italian Eni
CAIRO - Tarek El Molla Egypt's Minister of Petroleum & Mineral Resources Tarek El Molla announced a project to capture and store carbon dioxide......
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May 4, 2022
EBRD invests $100m in Egyptian solar power green bond
The European Bank for Reconstruction and Development (EBRD) is investing up to US$ 100 million in a certified green bond issuance of US$ 334.5 million,......
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April 27, 2022
Extracted Oils turns to profitability in 9 months
ArabFinance: Extracted Oils and Derivatives Company (ZEOT) has turned to profitability during the first nine months of fiscal year (FY) 2021/2022,......
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April 21, 2022
Suez Canal Economic Zone signs $3bn green energy deal
Egypt has signed an agreement worth $3 billion to produce up to 350,000 tonnes of green fuel annually for ships passing through the Suez Canal, the......
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April 19, 2022
WB looks forward to increasing partnership with Egypt in electricity, renewable energy
Minister of Electricity and Renewable Energy Mohamed Shaker met with officials of a World Bank (WB) delegation to start a new phase of cooperation......
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Huawei, KSIU ink MoU to set up ICT academy in Sinai
