AFREXIMBANK, APPO in discussions to jointly establish an African Energy Transition Bank
JOINT COMMUNIQUE BETWEEN AFREXIMBANK AND APPO ON THE NEED FOR THE ESTABLISHMENT OF AN AFRICAN ENERGY BANK Having regard to the long, mutually beneficial relationship and cooperation between the African Petroleum Producers’ Organization (APPO) and African Export-Import Bank (AFREXIMBANK), Considering the current discussions by APPO and AFREXIMBANK to jointly establish an African Energy Transition Bank, Concerned about the challenge […]
EGAS, DNV sign MOU to develop strategies to decarbonize Egypt’s Petroleum sector
Egyptian Natural Gas Holding Company and DNV sign MOU to develop strategies to decarbonize Egypt’s Petroleum sector. Egyptian Natural Gas Holding Company (EGAS) and DNV signed a memorandum of understanding (MOU) to develop a supporting hub to evaluate the technical and economic feasibility of decarbonizing the Egyptian Petroleum sector. The MOU is in response to […]
EBRD approves its new Egypt country strategy for 2022 to 2027
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved its country strategy for Egypt, which focuses on three key priorities identified in cooperation with the Egyptian government and aligned with its ambitious, recently launched reform programme. In the period from 2022 to 2027, the Bank will focus on three strategic priorities: promoting a more […]
Wintershall Dea COO Dawn Summers meets with Egypt’s Petroleum Minister Tarek El Molla
Wintershall Dea Chief Operating Officer Dawn Summers and Senior Vice President & Managing Director, BU Egypt, Sameh Sabry, met with His Excellency, Engineer Tarek El Molla, Egyptian Minister of Petroleum, at ADIPEC 2021. They discussed Wintershall Dea’s long-standing commitment as a reliable partner and investor in Egypt, as well as the bright outlook for Egypt […]
Wintershall Dea making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects
Wintershall Dea, Europe’s leading independent oil and gas company, is making significant progress in its innovative hydrogen and carbon capture and storage (CCS) projects in North-Western Europe. Wintershall Dea’s portfolio of CCS and hydrogen projects is a crucial part of implementing the company’s Energy Transition Pathway (ETP). With the Energy Transition Pathway, Wintershall Dea set […]
Wintershall Dea Q3 2021 Results: Extraordinary Commodity Price Environment Driving Strong Financial Performance
Wintershall Dea, Europe’s leading independent gas and oil company, today reported its third quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “Q3 2021 was an exceptional quarter underpinned by a constructive commodity price environment, and in particular by European gas prices which are expected to stay high throughout the winter. Our financial performance […]
Energy 2050 Summit COP26 Edition Prepares to Convene Energy Industry Leaders
As COP26 – UN Climate Change Conference is gearing up for the start of November, the Energy 2050 Summit | COP26 EDITION prepares to convene energy industry leaders on the 20th – 21st October 2021 to discuss, debate and collaborate on the future of energy globally. The full speaker line-up has been announced for this COP26 Edition which will see companies across the value […]
Hitachi Energy goes Live – The global technology and market leader in power grids is committed to advancing a sustainable energy future for all
Further to its press release on July 1, 2021, the global technology leader today announced its evolution to Hitachi Energy. Formerly Hitachi ABB Power Grids, the business has renewed its Purpose to ‘advancing a sustainable energy future for all’. Speaking from its global headquarters in Zurich, Switzerland, Claudio Facchin, CEO of Hitachi Energy, commented, “At […]
Enppi and Technip sign MoU for Cooperation on Energy Transition
Under the patronage of H.E Engineer Tarek El-Molla , Minister of Petroleum and Mineral Resources of Egypt, Enppi and Technip-Italy (TPIT) have joined forces by sealing a Memorandum of Understanding (MoU) by Dr. Marco Villa, Chairman of Technip Italy (TPIT) and Eng. Ashraf Bahaa, Chairman and CEO of Enppi as a step forward cooperation towards […]
Porsche partners with ExxonMobil, Siemens Energy in world’s first eFuels plant
Powered by green hydrogen: oil players partner with Porsche in ‘world first’ eFuels plant. Construction starts on what is said to be the world’s first integrated commercial plant for producing CO2-neutral fuel. US supermajor ExxonMobil is partnering with Siemens Energy, along with sports car manufacturer Porsche, to use green hydrogen in the manufacturing of carbon-neutral […]
