Guyana Offers ExxonMobil More Investment Than Nigeria

Guyana-Suriname Basin, an Atlantic-margin basin in South America, is offering ExxonMobil Corp. better terms than Nigeria.…

ADNOC to Develop Carbon Capture Project in UAE

Abu Dhabi National Oil Company (ADNOC) said it has concluded an investment decision to develop the…

Sri Lanka to Focus on Energy, Port Projects With India

The foreign minister stated on Monday that Sri Lanka is likely to discuss energy, electricity, and…

Algeria’s Sonatrach Signs Natural Gas Contracts with TotalEnergies

Algeria’s state-owned company Sonatrach has signed natural gas contracts with French energy significant TotalEnergies. The agreements include hydrocarbon…

Tanzania Secures $60M Loan for Kagera Power Transmission Line

A 166km overhead power transmission line connecting consumers in the Kagera region to the national grid…

Egypt’s Energy Sector to Attract $8bn in Coming Fiscal Year-Minister El Molla

Egypt’s energy sector expects to attract $8 billion in foreign investment in the coming fiscal year as…

Saudi Arabia’s Acwa Power Raises $123m for its Kom Ombo Solar Park in Egypt

The level of financial mobilization has been reached for the Kom Ombo solar project. Acwa Power,…

Egypt Solar project by ACWA Power Secures $123mln Financing

On Tuesday, Saudi Arabian integrated utility developer ACWA Power, partly owned by the Public Investment Fund…

India and China Snap Up Russian Oil in April Above ‘Price Cap’

According to traders and Reuters calculations, India and China have snapped up the vast majority of…

OFID and UNIDO Give $1.5 million for Clean Cooking in Madagascar

A joint declaration was signed by the Opec Fund for International Development (OFID) and the United…