Egypt to connect 500MW solar project to national grid in May

AfrElec - Africa Power Monitor
REM - Renewable Energy
By bna Cairo bureau 21 April 2026
Egyptian Minister of Electricity and Renewable Energy, Mahmoud Essmat, announced that the second phase of the Obelisk solar power project in Nagaa Hammadi

Egyptian Refining turns to net profit of $120mn in first four months of 2026

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By bna Cairo bureau 21 April 2026
Putin says Russia

Putin says Russia "knows how it will end" in Ukraine but will not announce war goals publicly

FSUOGM - Former Soviet Union Oil & Gas
By Newsbase 21 April 2026
Russian President Vladimir Putin has said Moscow knows how the war in Ukraine will end but will not make public statements on the outcome, telling municipal officials Russia will simply implement its goals.
UAE is beginning to move away from the US's orbit.

UAE warns it could sell oil in yuan if dollar liquidity crunch hits

AsianOil - Asia Oil & Gas
MEOG - Middle East Oil & Gas
By Newsbase 21 April 2026
The UAE has warned Washington it could switch to yuan or other currencies to settle oil sales in the event of a severe dollar shortage, with reserves at $270bn as Gulf state faces mounting Iran war pressure.
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