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Egypt
COP27 to Formally Discuss Climate Compensation for Poorer Nations
COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations clim…
LNG
Mitsubishi Power Partners With Damietta LNG to Enhance Power Supply Reliability and Availability
Mitsubishi Power has signed a long-term service agreement (LTSA) with Egyptian liquefied natural gas (LNG) producer Damietta LNG.
Hydrogen Project
ACWA Power, EBRD Sign Sustainable Infrastructure Financing Deal
Focus countries are Uzbekistan, Azerbaijan, and Egypt.
Energy Transition
IRENA Rolls out Indonesian Energy Transition Roadmap
As climate concerns mount, and the world looks to gather in Egypt at COP27 in early November to deliver a collective response to the crisis.
Solar Technology
Egypt’s First Financed Solar Battery PPA Project Secures Financing
A solar energy company spearheading a solar-plus-storage project in Egypt has secured $2.4 million in financing for the project.
Net Zero Emission
Emissions Reductions Pledges ‘Nowhere Near’ What’s Needed, Un Says
The analysis comes ahead of next month’s COP27 climate change summit in Sharm el-Sheikh, Egypt.
Egypt
Egypt Oil Min Says Framework Agreement in Place on Gaza Marine Field
Egypt's petroleum minister confirmed on Tuesday a framework agreement had been reached to develop the Gaza Marine gas field offshore Gaza and talks were under w…
Egypt
Egypt COP27 Climate Summit Activists Concerned Voices Will Be Curtailed
The decision to hold next month's COP27 climate summit in a highly secured tourist resort in Egypt, along with restrictions on access, is curbing civil society'…
Natural Gas
Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years
Country exported $8bn worth of natural and liquefied gas in the 2021-2022 fiscal year, compared with $600m in 2013-2014
Hydrogen Project
Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt
North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…
Energy Transition
Egypt Climate Champion Calls for New Metric on Climate Finance
Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…
Hydrogen Project
Fortescue Considers 9.2GW Green Hydrogen Project in Egypt
Egyptian president Abdel Fattah El-Sisi has met with Fortescue Future Industries (FFI) to discuss the development of green energy projects in the region.
Smart Meter
Siemens to Equip Alexandria with ADMS, AMI and 300K Smart Meters
Siemens has been awarded a contract to upgrade Egypt’s second largest city’s distribution management system, establish advanced metering infrastructure (AMI) …
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Energy Investment
Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment
The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market
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