Europe’s problem isn’t just dependence on Russian oil and gas. It’s dependence on fossil fuels. Pascoe Sabido* The invasion of Ukraine has exposed the European Union’s dependence on Russian oil and gas. Its imports are directly funding Vladimir Putin’s war efforts, to the tune of €20 Billion in March alone. The EU’s …
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Egypt Today A natural gas cooperation agreement between the Egyptian Natural Gas Holding Company (EGAS) and Italian oil giant ENI was signed on Wednesday. The agreement maximises Egyptian natural gas reserves through increasing its production capabilities. It would enable EGAS to explore new opportunities to increase production. It would facilitate …
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Ahram Online Italy’s Eni and Spain’s Naturgy have reached an agreement with Egypt, resolving number of disputes over the Damietta gas liquefaction plant in Northern Egypt. “The agreement paves the way for the facility to restart by June”, according to the ministry of petroleum issued on Thursday. Naturgy’s business interests …
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Egypt Independent Egypt’s Prime Minister Mostafa Madbouly held a meeting with the ministries of military production, trade and industry, as well as the deputy chairman of the Natural Gas Holding Company, to discuss ways of encouraging drivers to fuel their cars with liquefied natural gas (LNG). The Prime Minister also …
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Egypt Independent The ad hoc committee tasked with transforming Egypt into a regional hub for energy said on Wednesday that it would study the proposal of fuelling ships with liquefied natural gas (LNG) after the World Maritime Organization asked for reducing the usage of diesel-solar fuel. During a meeting headed …
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