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Category :Energy

KUFPEC Signs New Partnership with Shell in Egypt

Global Business Magazine September 25, 2023

BG International Limited, subsidiary of Shell plc, HAS signed Farm Out Agreement (FOA) with KUFPEC Egypt Limited (KEL), a subsidiary of Kuwait Read More

Energy Featured News World

Africa’s Renewable Energy Investments are Abysmally Low, says Report

Global Business Magazine September 25, 2023

The total investment in renewable energy technologies across the world reached $495 billion in 2022, a 17% increase from the previous year and electric mobility Read More

Energy Featured News Regional

Jinko-Sembcorp JV Heads to the Muscat Securities Market

Global Business Magazine September 13, 2023

A Joint Venture (JV) established earlier this year by Singapore’s Sembcorp Utilities, a subsidiary of Sembcorp Industries and China’s Jinko Read More

Energy Featured News Regional

MBR Solar Park to Reduce 2.36 million Tonnes of Carbon

Global Business Magazine September 12, 2023

Dubai Electricity and Water Authority (DEWA) on Monday said that it continues to enhance sustainability and support the transition towards a sustainable Read More

Energy Business Featured News World

Vale and H2 Green Steel Sign MoU to Study Development

Global Business Magazine September 11, 2023

Vale, a Brazilian multinational corporation engaged in metals and mining, on Friday said that it has signed an agreement with Swedish industrial Read More

Energy Business Mergers and Acquisitions News Regional

ADNOC Gas Ink Deal with PetroChina International for Supplying LNG

Global Business Magazine September 8, 2023

ADNOC Gas, a world-class integrated gas processing company, on Thursday announced an agreement, valued between $450 million and $550 million, to supply Liquefied Natural Read More

Energy Featured News Regional

Masdar and DEWA Sign Deal to Deliver Sixth Phase of

Global Business Magazine September 8, 2023

The Dubai Electricity and Water Authority (DEWA) and Masdar, Abu Dhabi Future Energy Company, signed an agreement to build and operate the $1.5 Read More

Energy Business Featured News Regional

Italy’s Eni to Invest $7.7 Billion in Egypt’s Oil and

Global Business Magazine September 5, 2023

Eni, Italian energy major, has announced plans to invest $7.7 billion in several oil and gas projects in Egypt in the next four Read More

Energy Business Featured News World

Denmark’s Orsted Secures $783 Million for its Wind Farms in

Global Business Magazine September 5, 2023

Danish renewable energy developer Orsted on Monday announced that it has signed $783 million (NTD25 billion) sustainability-linked revolving loan facility for its offshore Read More