Egypt approves 691 green projects for FY 2020/21
30% of Egypt’s investment will be implemented as per environmental sustainability and green economy concepts...
Tag : energy
Jubilee acquires 9.44% stake in Bujagali Energy
The stake purchase was made from SN Power for $40 million...
Anglo American to purchase Brazil’s Casa dos Ventos’ wind power
The 20-year power purchase agreement will commence in 2022...
Mainstream achieves 30% progress in Andes Renovables project
The Andes Renovables project comprises construction of four renewable energy parks in Chile...
Siemens to supply equipment for Petronas’ Gas Field Development Project
The project is developed in the South China Sea, offshore Sarawak in Malaysia...
Development of Oman’s largest solar project makes headway
Arctech Solar produced 575 MW of trackers and shipped the major tracker components to the Ibri II solar power project in Oman...
Bahrain to develop new oil reserves in the Khalij Al Bahrain basin
Bahrain will invite oil companies to explore the 2,000 sq km oil and deep gas resources...
Petronas to cut costs after Q1 profit slumps by 68%
Petronas will cut capex by 21pc and operating costs by 12pc this year...
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...
Total targets global net zero emissions by 2050
Total reported a 35% drop in first-quarter profit for the year...