News & Press Releases
Africa
Egypt Government Unveils $5.7bn Oil and Gas Exploration Plan
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawy, has announced a new five-year oil and gas exploration strategy that calls for the drilling of about 480 exploration wells, backed by total investments surpassing $5.7bn.
Under the programme, 101 wells...
Companies
Equinor Launches Production at Brazil’s Bacalhau Oil Field
Equinor, together with partners ExxonMobil Brasil, Petrogal Brasil, and Pré-sal Petróleo SA, has started production at the Bacalhau oil field in Brazil. With recoverable reserves exceeding 1 billion barrels of oil equivalent (boe), Bacalhau is the largest international offshore...
Asia
EWEC Awards Khazna Solar PV Project to ENGIE and Masdar
EWEC (Emirates Water and Electricity Company), a key player in the integrated planning, procurement, supply, and system dispatch of water and electricity across the UAE, has confirmed the award of its 1.5-gigawatt (GW) (AC) Khazna Solar Photovoltaic (PV) Independent...
Asia
Gazprom, Kazakhstan Sign MOU for New Cross-Border Pipeline
Russia’s energy major Gazprom has signed a memorandum with the government of Kazakhstan to build a new cross-border gas pipeline linking the two countries.
The deal was reached during a meeting between Kazakh First Deputy Prime Minister Roman Sklyar and...
Europe
Ukraine Prepares Draft Law and Roadmap for SMR Deployment
A new draft law has been introduced, and a working group has convened to prepare an action plan for bringing small modular reactors (SMRs) to Ukraine.
First Deputy Minister of Energy of Ukraine Artem Nekrasov underscored the importance of nuclear...
Companies
Apple Invests in Renewable Energy Projects Across Europe
Apple is stepping up its clean energy projects across Europe, with new large-scale solar and wind projects under development in Greece, Italy, Latvia, Poland, and Romania. Along with a solar array that recently began operating in Spain, these projects...
Asia
Kuwait Announces Major Offshore Gas Discovery at Jaza Field
Kuwait Oil Company (KOC) said it has made a major offshore gas discovery at Jaza field. Jaza-1 well recorded an initial output exceeding 29 million standard cubic feet per day of gas and more than 5,000 barrels per day...
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