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Hassan Allam Utilities, EBRD, Meridiam to raise capital for renewable projects
The funds will support Egypt’s green transition and renewable energy projects
Egypt seeks to lease LNG terminal as it starts importing natural gas
The government has purchased at least two shipments of LNG, an Oil Ministry source told Enterprise
Gov’t pays back some of its dues to Pharos Energy. PLUS: News from Juhayna
The payment marks 27% of the EGPC’s dues by the end of last year.
Juhayna slashes prices by 15-18%
The move came after the gov’t agreed with suppliers and retailers to cut prices by 15-20% this week
ESG and climate change take the backseat for infrastructure, energy pragmatism in Fink’s letter
“In my nearly 50 years in finance, I’ve never seen more demand for energy infrastructure”
Honeywell gears up for sustainable aviation fuel project. PLUS: EU + French Development Agency finance water treatment plant, EDA to clamp down on counterfeit meds
Honeywell will complete a feasibility study for the project within the next few months
Egypt hikes car fuel prices by by 8-21%
Diesel car drivers saw the biggest increase, with a 21.2% hike to EGP 10 per liter
India’s Rana Group want to set up a green hydrogen project here
Rana Group wants invest up to USD 12 bn over the life of the project
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