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Reuters breaks down the global impact of Egypt’s increased energy imports
The impact of Egypt's heightened demand for fuel: Reuters is out with a piece looking at how a confluence of…
Egypt hikes fuel prices for the third time in 2024
Petrol prices have risen by 33-38% and diesel prices have jumped by 63.6% since the beginning of 2024
EGAS is setting up a JV to supply Europe with gas. PLUS: News from Beltone, Amoun, FRA, CBE, GB Capital
The JV will focus on the trade, transport, supply, and regasification of natural gas in Eastern European countries and Greece
Chevron to start drilling a new gas well soon. PLUS: News from NBE, Raya IT
The project is part of a broader plan to develop gas reserves in the Narges field
GDP growth slowed to 2.4% in FY 2023-24
The figure represents a drop from the 3.8% growth rate recorded during the previous fiscal year
Apache Egypt appoints Greg McDaniel as country manager + New Mercedes-Benz Egypt CEO
“We will continue to work closely with Minister Badawi and his team as we further strengthen our commitments in the…
More international players are interested in Damietta’s green ammonia project. PLUS: News from Taqa Arabia, Premium Healthcare
The project will produce around 150k tons of green ammonia annually in Mopco’s factories
New energy incentives aim to boost domestic production and foreign investment
Incentives include increasing production sharing ratios with foreign companies in exchange for new investments
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