Energy News
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Israel Gas deals with Egypt, Turkey will happen, U.S. envoy says
Hochstein says new energy ties in the Middle East will help alleviate some of those diplomatic tensions.
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Sardinia-Lebanon-Egypt project for green energy in farming
Agriculture, renewable energy, and jobs are the focus of the Green Energy for Green Companies project presented on Thursday in Cagliari.
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Egypt signs first gas fracking contract with Apache, Shell
The project will require horizontal drilling and hydraulic fracturing, which is the same as the shale gas production method used in the US.
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Israel monopolises gas find on Egypt border
Israeli gas companies announced on Sunday details of a new gas find in the Mediterranean off the Israeli coast.
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Egypt to pass mining and industrial land laws next week -minister
Investors say they have still only seen the general outlines of promised legal and bureaucratic reforms.
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Pipeline owner denies role in Egypt-Israel gas deal
Reports said Eastern Mediterranean Gas would be conduit to direct gas from Israeli offshore gas field to Egypt.
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Egypt to launch tender for second LNG import terminal: Source
Egypt to buy a second LNG regasification floating unit to be able to import gas.
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BP to invest $12B in Egypt over five years
BP is committed to unlock Egypt’s oil and gas potential and gradually double its gas supply during this decade.
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Saudi Shaheen Group invests EGP 500m in Egypt
Group Chairman says these investments will be directed to agricultural and solar projects.
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Egypt, EU sign agreement on combating industrial pollution
The total cost of the third phase reaches €150 million to which the European Investment Bank Group will contribute €70 million.
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Egypt to import LNG from Algeria
After Egypt's deal with Norway to construct regasification unit, it now makes deal with Algeria for LNG.
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NBAD, HSBC, NBE arrange $1.5 bln syndicated loan for state oil company
Each bank would arrange $500 million of the loan in order for Egypt to pay back foreign energy companies.
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Egypt to get €1bn EU donations to boost energy sector
Moran declared a main plan in Cairo over investments and technologies used in the energy field.
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Egypt pays back $2.5 billion deposit to Qatar: central bank official
The payment brings the amount Egypt has returned to Qatar to $6 billion, leaving $500 million outstanding.
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UAE's Dana Gas in talks with Egypt over revising gas prices
Cairo has begun negotiating with international energy firms including Italy's Eni and Germany's RWE DEA.
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Egypt in talks to import Cypriot natural gas
Gas can be piped directly to Egypt from the field off Cyprus' southern coast that is estimated to hold 3.6 trillion to 6 trillion cubic feet of the fossil fuel.
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Egypt should go green - but why?
Egypt's energy crisis does not only harm households but industries, which in turn reflects in poorer economic performance.
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Tamar gas group plans upgrade, including pipeline to Egypt
Tamar has been supplying Israel with natural gas since coming online last year.
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SacOil looks at Mozambique, Egypt
SacOil acquired the Lagia oil field on Egypt’s Sinai peninsula.
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Solar energy production falls by 48%: Baseera
Electricity from solar power totalled 247m KWh in 2012/13, compared to 479m KWh 2011/12.