Egypt has signed an electricity interconnection framework agreement with Cyprus and Greece to establish a subsea cable called the EuroAfrica Interconnector linking the three countries. The agreement was signed on May 22 by EuroAfrica Interconnector Limited CEO Nasos Ktorides and…
Total mulls expanding exploration in Mediterranean and Red Seas
French energy giant Total is considering bidding for new oil and gas exploration concessions in Egypt’s Mediterranean and Red Sea territories, chairman and CEO Patrick Pouyanne told Oil Minister Tarek El Molla…
New gas-to-methanol technology OxE could end oil well “flaring”
Oil wells also release natural gas. But it’s burnt off on site whenever the economics of collecting and piping it don’t add up (gas can’t use the existing petroleum infrastructure). What if it…
Egypt allows Eni, BP to export gas through Idku LNG liquefaction plant
The ministry of petroleum has allowed Eni and British Petroleum (BP) to export gas from Zohr and North Alexandria fields through Idku liquefaction factory in accordance with the development agreements of these…
U.S. Sees State Actor Behind Oil Tanker Attacks in Gulf Region
An attack on two oil tankers near the entrance to the Persian Gulf was likely done by a state actor, according to a U.S. official, heightening tensions over a potential military confrontation…
Norway’s $1tn fund set to get green light for oil divestment
Norway’s $1 trillion sovereign wealth fund is about to get the green-light to dump more than $13 billion in stocks linked to fossil fuels as well as a broad range of emerging-market…
Egypt to offer 11 blocks in West Mediterranean Bid Round by Q1-2020
EGAS plans fresh WestMed gas exploration tender: The Egyptian Natural Gas Holding Company (EGAS) plans to put some 11 natural gas exploration blocks in the western Mediterranean up for auction by 1Q2020, a…
كتاب مفتوح إلى سعادة أمين عامّ الأمم المتّحدة أنتونيو غوتيريس
السيّد أنتونيو غوتيريس الأمين العامّ الأمم المتّحدة – الأمانة العامّة نيويورك، NY10017 الولايات المتّحدة الأميركيّة المرجع: النّزاعات على الحدود البحريّة في الحوض الشّرقي للمتوسّط: الأزمات والفرص سعادة الأمين العامّ: أتوّجه إليكم…
Energy Efficiency should target inefficient use, not all use
Energy efficiency should not just be a matter of reducing energy consumption. As renewables grow pricing and profits should encourage renewable consumption. After all, renewables aren’t a problem. And greater renewables consumption…
BP: Petrochemicals Drive U.S. Oil Demand Boom
By Tsvetana Paraskova – Jun 11, 2019, 11:00 AM CDT The United States saw its crude oil and liquids demand jump in 2018 at its fastest pace in over a decade on the back…