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Gas production slumps to three-year low in September. PLUS: News from Infinity, SODIC, InstaPay, and the IDA
Egypt produced 4.7 bn cubic meters of gas per day in September, down 6% from August
IEA ups oil demand forecast for next year on expectations for lower prices
Oil supply could see a surplus next year -IEA: The International Energy Agency (IEA) is anticipating a surplus in oil…
Infinity Power inks big Senegal contract. PLUS: Kuwaiti oil, digital banks, and aircraft
The battery energy storage system will supply Senegal with 40 MW of clean energy
Amr Adib takes aim at the EGP and sugar price hikes
The EGP fell even further against the USD in the parallel market to a record low
Israeli gas flows to Egypt are increasing
Flows have risen to 350-400 mn cubic feet a day, up from 250 mn earlier in the month
Egyptian stocks, gold hit record highs on currency fears
We love the smell of optimism in the morning. Yes, there’s a risk that we just let our inner Pollyanna…
Egypt awards contracts for logistics zones, dry port + inks agreements to give our transport sector a boost
Egypt inked a slew of new agreements to develop our logistics, maritime and land transport sectors at TransMEA 2023
Saudi Aramco, Fertiglobe report lower earnings following bumper 2022
Saudi Aramco’s 3Q earnings drop on the back of production cuts and falling oil prices: Saudi oil giant Saudi Aramco…
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