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Suez canal
Energy Investment
SCZONE Secures $64B in Green Hydrogen Investments With 12 Framework Agreements for 18M Tons Annual Production
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid …
Hydrogen Project
Egypt Signs 7 Green Hydrogen MoUs Worth a Potential $40 Billion
Egypt has signed seven memoranda of understanding with international developers in the fields of green hydrogen and renewable energy in the Suez Canal Economic …
Oil & Gas Trade
Will US LNG Exports Reroute to Avoid Both the Panama and Suez Canals?
An LNG carrier docked at Freeport LNG Ship Terminal Texas - Image via LNG Development, L.P.By Anna Shiryaevskaya (Bloomberg) Liquefied natural gas cargoes recen…
Hydrogen Project
Suez Canal and Scatec Sign $1.1 Billion Green Methanol Memorandum of Understanding
Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding (MoU) worth $1.1 billion to supply ships with green fuel, a Suez C…
Ammonia
DAI to Collaborate With Siemens Energy on Green Ammonia Project in Egypt
Following last year’s memorandum of understanding (MoU) with Suez Canal Economic Zone (SCZONE), German company DAI Infrastruktur has now joined forces wit…
Hydrogen Project
Egypt's Suez Canal Economic Zone Signs Energy Deals Worth up to $14.75 Bln
Egypt's Suez Canal Economic Zone has signed a deal worth $6.75 billion with China Energy for green ammonia and green hydrogen projects to be established in …
Hydrogen Production
Ocior to Invest $4B in Green Hydrogen Production in Egypt's Suez Canal Economic Zone
In a significant stride towards a sustainable future, India’s Ocior Energy company has committed a substantial investment of four billion dollars in the d…
Hydrogen Production
Ocior to Invest $4B in Green Hydrogen Production in Egypt's Suez Canal Economic Zone
In a significant stride towards a sustainable future, India’s Ocior Energy company has committed a substantial investment of four billion dollars in the d…
Hydrogen Production
Suez Canal Economic Zone and China Energy Collaborate on Green Hydrogen Industrial Complex
The Suez Canal Economic Zone (SCZone) has announced a significant development in its efforts to promote green hydrogen projects and renewable energy partnership…
Green Hydrogen
Egypt Launches Green Hydrogen Strategy With Ebrd and EU Support
The European Bank for Reconstruction and Development (EBRD) is working with the European Union (EU) to support green hydrogen projects in the Suez Canal Economi…
Oil Price
Global Oil Demand Set to Rise ‘Sharply’ on Air Travel Rebound and China Recovery
A floating refinery and storage vessel crosses Egypt's Suez Canal. Global oil demand will rise by 2 million bpd in 2023. AFPThe International Energy Agency …
Hydrogen Project
ReNew Unit, Egypt Gov’t to Develop Green Hydrogen Plant
The plant will be located in the Suez Canal Economic Zone
Hydrogen Project
Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27
Suez Canal Economic Zone finalises nine agreements with international companies.
Hydrogen Production
More MoUs for Green Hydrogen Production Development in Egypt
Renewable energy company Masdar and Hassan Allam Utility have signed two MoUs to develop green hydrogen production plants in the Suez Canal Economic Zone and on…
Ammonia
Suez Canal Economic Zone Signs $3Billion Green Energy Deal
Agreement with a consortium including French company EDF Renewables will lead to nearly 350,000 tonnes of green fuel being produced annually for ships passing t…
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