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Category archives for energy

Egypt’s gas export revenues record a big jump in 4 months It reached about 3.89 billion dollars

  • 31 May, 2022
  • 3:08 pm EEST

Egypt's gas export revenues recorded a big jump during the first four months of this year, compared to the same period last year. Data from the Ministry of Petroleum revealed that the value of Egypt’s exports of natural and liquefied…

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Blue hydrogen investments in Britain risk energy security Production cost is 36% higher than government estimates

  • 27 May, 2022
  • 3:18 pm EEST

With natural gas prices soaring, blue hydrogen is no longer a low-cost solution for the UK, but the focus on it is jeopardizing the country's energy security amid the current supply crunch from Russia's invasion of Ukraine. A recent report…

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Oil prices are rising.. Brent crude above $ 116

  • 26 May, 2022
  • 5:29 pm EEST

Oil prices are rising.. Brent crude above $ 116 Oil prices rose during trading today, Thursday, May 26, 2022, to continue their cautious rise this week, amid indications of a tight supply. It comes as the European Union is arguing…

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Indian crude processing increases in April as low-cost Russian oil boosts returns.

  • 24 May, 2022
  • 5:37 pm EEST

Indian crude processing increases in April as low-cost Russian oil boosts returns. According to government data released on Tuesday, Indian refiners' April crude oil throughput was 8.5 % higher year on year, as refiners ramped up runs to take advantage…

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Turkey uses Azerbaijani gas to face the energy crisis Through a deal to import 11 billion cubic meters for 3 years

  • 24 May, 2022
  • 4:05 pm EEST

Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…

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