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Mazut to fill energy supply gap following Leviathan field shut-off
We’re also prioritizing the grid for our mazut and diesel supplies over energy intensive industries
Energy crisis mode is back on as Israel shuts off Leviathan gas field
Authorities also reduced gas supplies to several energy-intensive sectors — including iron, fertilizers, petrochemicals, and aluminum
Egypt signs 3-5 year LNG agreements with global suppliers
Good afternoon, all, and congratulations on making it to the end of the week, even if it was a short…
AfDB commits USD 184 mn to Obelisk solar and battery project
The recently approved funding will account for nearly a third of the project’s entire investment cost
Aspire Capital to roll out money market, gold investment funds in 2025. PLUS: Modern Gas + Petromaint, Samco + Maurer
Three additional funds, including a real estate fund, an FCY liquidity fund, and an equity fund, are expected in 2026
Egypt to finalize long-term LNG agreements with global suppliers this week
The agreements would see Egypt receive over 160 LNG cargoes through mid-2026
AMEA Power brings the continent’s largest windfarm online. PLUS: Hassan Allam Construction + Metito, Kima, Nawy + Safe + Farida
The plant will generate 2.5k GWh of electricity annually, powering over 500k homes
Gov’t could allocate LNG shipments to fertilizers, petrochemical players this summer
Companies may be asked to pay in USD
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