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…

Chad Nationalizes Doba Project

After losing one round in an international arbitration court, Chad has nationalized its Doba upstream oil…

Ofid Lends $25 million for Solar Photovoltaic Electrification in Niger

Niger has obtained $25 million in funding from the Opec Fund for International Development (OFID) to…

Productive and Conservative Use of Power: A Path to Actualizing Vision 2060

One of the pressing issues globally is Climate Change. Climate change is the significant and long-lasting…

Egypt’s Petroleum Minister Says Investment Needed in both Fossil Fuels and Renewables

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has said that Egypt is seeking…

Belgian Company Engages in JV for Giga Hydrogen Production in Morocco

 John Cockerill goes into JV with an unnamed Moroccan company towards the establishment of a gigafactory…

Libya Joins IEF as 72nd Member

Libya Joins International Energy Forum as 72nd Member. The IEF’s mission is to promote global dialogue…

UAE Plans $150 Billion Global Energy Boost

ADNOC is set to boost investment to $150 billion over the next five years, speed up…