ACWA Power has signed several agreements worth $746m on the sidelines of the Future Investment Initiative…
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Brent Oil Hits $90 Amid Israel-Hamas Conflict
Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…
IEA Urges Governments to Keep Geopolitics Off Climate Talks
The International Energy Agency urged governments to keep geopolitics out of climate change talks while underlining…
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,…