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Egypt secures LNG regasification unit under 10-year contract signaling long-term reliance on natgas imports
The unit will replace the existing Hoegh Galleon, which was delivered by Höegh Evi last year
Gov’t promises compensation to car owners impacted by defective gasoline
The government will be reaching out to all those who submitted complaints for compensation for damaged fuel pumps of up…
Gov’t to compensate car owners affected by adulterated fuel
Good afternoon, friends, and welcome to the start of a brand new workweek. Turns out that the viral videos of…
Chevron wants to increase its presence in Egypt
PLUS- Azimut to launch KSA asset management arm in 3Q
Madbouly orders investigation into adulterated fuel claims
It was a busy night on the airwaves, with the nation’s talking heads bringing us coverage of fuel drama, Takaful…
Gov’t sweetens the pot for Exxon Mobil to boost investments
PLUS- Ain Sokhna is getting a USD 1.7 mn packaging materials plant
Egypt is looking to up its Moroccan imports to USD 600 mn
PLUS- Chevron will invest at least USD 120 mn in a new exploration concession
Scatec breaks ground on Obelisk solar and battery storage project
The project will be built in two phases and will be fully operational in the second half of 2026
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