Dana Gas Q1 net profit falls 24% on lower hydrocarbon prices, drop in Egypt output

The UAE-based Dana Gas PJSC, the largest private sector natural gas company in the region, said Q1 2024 net profit fell 24% year-on-year (YoY) to $38 million mainly on lower realised hydrocarbon prices and lower production in Egypt.

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Egyptian solar set to expand beyond the massive 1.8 GW Benban project

Egypt was one of the first African countries to develop large scale renewable energy projects and had 555 MW of wind power generation capacity by 2012

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Schneider Electric outperforms 2023 sustainability targets and maintains its leadership in ESG ratings

Schneider Electric, the leader in the digital transformation of energy management and automation, announced today its 2023 sustainability impact performance as part of its full-year financial results.

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Egypt's Fuel Imports Hit $2 Billion in Early 2024, Marking a Decline from Previous Year

Egypt spends $2 billion on fuel imports in early 2024, highlighting its energy procurement challenges and strategic adjustments.

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OPEC+ to stick to oil output policy in next meet

The world major oil producers are expected to stick to their policy of restricting production when they convene in their next meeting

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Egypt Pioneers Vehicle Conversion to Natural Gas: A Step towards Cleaner Fuels

A ground-breaking initiative is unfolding in Egypt, where an innovative strategy is being employed to reduce the country reliance on traditional fuels. Spearheaded by Tarek El Molla

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Egypt’s petroleum sector achieves major milestones in 2023

In a landmark year for its energy sector, Egypt has signed a total of 29 oil and gas exploration agreements in 2023

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20 Countries With The Largest Natural Gas Reserves in 2023

In this piece, we will take a look at the 20 countries with the largest natural gas reserves in 2023.

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