The Egyptian government launched a strategy to save energy in the country. The goal is to generate more natural gas surplus for exports, favoring the inflow of foreign currency.
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Projects aim to increase wind and solar energy capacity in the Middle East and North Africa from 12.1 to 73 GW by 2030. Oman, Morocco, Algeria and Kuwait have some of the most ambitious plans.
Statement was given by Suhail bin Mohammed Al Mazrouei, minister of Energy and Infrastructure of the Gulf country, and reported by WAM.
The Arab country invites investors to participate in the event that will take place from May 15 to 16 in Damascus.
According to the Ernst & Young index, the United States and China occupy the top positions in ranking the most attractive countries for investment in the sector, while Morocco and Egypt are at the forefront among Arab nations.
Despite a 5% increase in 2020, progress was below previous years, held back by the pandemic.
Brazil’s lower house approved a bill that changes natural gas exploration and distribution. It will now be signed into law by the president.
A request for bids is out for construction of a wind farm in Aleppo and for procurement of a natural gas turbine. The deadline is January 20, 2021.
Brazilian minister of Mines and Energy, Bento Albuquerque, offered the G20 to share measures adopted in the country to increase the population’s access to energy. Universal access to energy was chosen by Saudi Arabia as a priority agenda for the G20.
Partnership with the Energy Research Office aims at connecting opportunities in the energy industry to potential investors and businesspeople.
Agribusiness executives attended an event hosted by the Arab Brazilian Chamber of Commerce’s international office in Dubai to watch a seminar on opportunities in the UAE and to engage in networking.
The initiative awards pioneering sustainability in Health, Food, Energy, Water and Global High School categories. Entries accepted until May 21st.
Minister of Mines and Energy, Bento Albuquerque, said the work of Angra III power plant is set to resume in 2020.
The Brazilian state-run utility company had posted USD 528 million in losses in Q3 2018. Revenue was up 9.7% and Ebitda increased by 303%.