Europe has a history of energy policy failures that it is showing few signs of correcting, according to Israeli energy expert Gina Cohen.
Egypt will host the COP27 shindig come November. The country has made clear it is working on bolstering domestic energy production – with a particular focus on clean energy.
Egypt continues to be a major source of flaring – but has made progress in reducing this process and further gains should be relatively straightforward argues Capterio.
Energean has started up a new well on its Abu Qir concession, in Egypt. Abuqir Petroleum, a joint venture of Egyptian General Petroleum Corp. (EGPC) and Energean, has completed a new sidetrack, the NA/Q-PII#6 ST.
In this day and age, there is no space for a small cap oil company, according to TransGlobe Energy CEO and president Randy Neely, making the case for a tie up with Vaalco Energy.
Chairman of SDX Energy Michael Doyle has stepped down with the company taking the first steps with support from a new major shareholder, Aleph Commodities.
A challenge has been mounted to TransGlobe Energy’s plans to merge with Vaalco Energy, ahead of the crucial September 29 vote.
Shell Egypt, Egyptian Natural Gas Holding (EGAS) and Petronas have awarded a power study to Bechtel.
Amid mounting opposition from some investors to its proposed merger with Tullow Oil, Capricorn Energy is “assessing all options to maximise value for shareholders”.
Eni CEO Claudio Descalzi has held talks with Abdel Fattah al-Sisi on increasing investments in Egypt, upping gas exports and domestic renewable energy.
Japanese corporates have signed around 90 agreements with African investors at the recently concluded 8th Tokyo International Conference on African Development (TICAD) in Tunisia.
Globeleq has expressed its interest in producing green hydrogen in the Suez Canal Economic Zone.
Chevron and partners are keen to increase gas exports to Israel’s neighbours and have made a bid to secure all capacity in a proposed pipeline to Egypt.
Japan’s Toyota Tsusho has returned to Egypt to share initial results of a blue ammonia study, holding talks with the government on future production.
An investor in Capricorn Energy has expressed its opposition to the company’s merger plan, describing it as one sided in favour of Tullow Oil.
Recent world events have shone light on the vital role that energy plays in societies throughout the world. Whilst western powers are dealing with what is rapidly turning out to be one of the worst energy crises ever experienced, poorer nations across the world are increasingly suffering the detrimental costs of climate change, the consequence of the exploitation of fossil fuels and unsustainable industrial practices.
Apache is scaling up drilling in Egypt but at the same time is working to tackle flaring, through a new gas-to-site power model.
Mainstream Renewable Power and Actis have struck a deal to sell Lekela Power to Infinity Group and Africa Finance Corp. (AFC).
SDX Energy faces opposition in its plans to sell itself to Canada’s Tenaz Energy, with Aleph Commodities voicing its disapproval.
BP has awarded a new seismic imaging programme to CGG in Egypt. The award comes shortly after the supermajor won more exploration acreage in the country.
Capricorn Energy head Simon Thomson has defended the company’s merger with Tullow Oil in an interview with the Sunday Times.
Egyptian companies have struck deals to carry out work in Equatorial Guinea, according to recent high-level talks.
SDX Energy has struck a deal to sell itself to Canadian-listed Tenaz Energy for £21.4 million in an all-share offer.