energy

US to release 50 million barrels of oil to ease energy costs
World

US to release 50 million barrels of oil to ease energy costs

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from the strategic reserve to…
Egypt has entered a new era towards realizing the Egyptian nuclear dream, PM
Egypt

Egypt has entered a new era towards realizing the Egyptian nuclear dream, PM

Egyptian Prime Minister Mostafa Madbouly said, on Monday, that Egypt has entered a new era towards hopes and prospects to…
G20 make commitments on climate neutrality, coal financing
World

G20 make commitments on climate neutrality, coal financing

ROME (AP) — Leaders of the world’s biggest economies made a compromise commitment Sunday to reach carbon neutrality “by or…
UAE energy minister says will continue to invest in sector to ensure market stability
Middle East

UAE energy minister says will continue to invest in sector to ensure market stability

CAIRO Oct 16 (Reuters) – UAE Energy Minister Suhail al-Mazrouei said the oil-rich Gulf state continues to invest in the…
Ethiopia to generate electricity from GERD in a few months
Egypt

Ethiopia to generate electricity from GERD in a few months

The Ethiopian government has confirmed that it is preparing to start generating electricity from the Renaissance Dam within the next…
UAE’s only nuclear power plant begins operations at 2nd unit
Middle East

UAE’s only nuclear power plant begins operations at 2nd unit

LONDON, Aug 27 (Reuters) – The second unit of United Arab Emirates’ only nuclear power plant has started operations, UAE…
Starved of electricity, Lebanon picks Dubai’s ENOC to swap Iraqi fuel
Middle East

Starved of electricity, Lebanon picks Dubai’s ENOC to swap Iraqi fuel

BEIRUT, Aug 27 (Reuters) – Lebanon’s energy ministry said it had picked Dubai’s ENOC in a tender to swap 84,000…
EETC signs finance agreement for new transformer station projects
Egypt

EETC signs finance agreement for new transformer station projects

The Egyptian Electricity Transmission Company (EETC) has signed an LE4 billion joint financing contract with several Egyptian banks that will…
Aid groups: Millions in Syria, Iraq losing access to water
Middle East

Aid groups: Millions in Syria, Iraq losing access to water

BEIRUT (AP) — Millions of people in Syria and Iraq are at risk of losing access to water, electricity and…
Egypt reveals first green microbus to replace aging transport vehicles
Egypt

Egypt reveals first green microbus to replace aging transport vehicles

Egypt has released its first green microbus under President Abdel Fattah al-Sisi’s initiative to replace obsolete cars, Finance Minister Mohamed…
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