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Egypt and Algeria sign crude supply deal, expand energy cooperation
Egypt and Algeria have signed a memorandum of understanding (MoU) to facilitate the purchase of Algerian crude oil, while also exploring broader cooperation in the oil and gas sectors
Qatari Green Sky Capital finances major sustainable aviation fuel facility in Egypt
Qatari-based firm Green Sky Capital has signed a major financing agreement for a pioneering sustainable aviation fuel (SAF) production facility in Ain Sokhna
Low-carbon sources met all of 2025’s electricity demand growth - OWID
Solar and wind energy have grown quickly in recent years, but global electricity demand has grown faster. So while their share of electricity generation kept rising, it wasn't enough to push fossil fuels into absolute decline.
Renalfa launches battery storage project at Oslomej solar plant in North Macedonia
The Oslomej solar project is part of a broader effort to transform former coal-based energy sites into renewable energy hubs.
Eneos Xplora acquires 10% stake in Malaysia’s Petronas MLNG Tiga project
Japan’s Eneos Xplora has purchased a 10% stake in Petronas’ Malaysia LNG Tiga project.
FMO considers $60m loan for Egypt wind project in Gulf of Suez
The Dutch entrepreneurial development bank FMO is considering providing a long-term loan of up to $60mn to support the Shuqair Wind Energy project in Egypt
Chinese scientists pioneer industrial process to convert CO₂ into jet fuel
Chinese scientists have developed an industrial pathway for converting carbon dioxide directly into jet fuel using an inexpensive iron-based catalyst, according to research published by the Shanghai Advanced Research Institute.
The battery gap: Europe only has 15mins of storage capacity
Europe has been pouring billions into building green energy generating capacity. But it is much further behind on storing that power. Europe's batteries go flat after only 15mins.
China signs billions worth of contracts with Turkmenistan, but no financing
China - Central Asia Monitor: April 24-30, 2026.
Nigeria’s NNPCL signs MoU with Chinese companies to revive refineries with equity partnership model
Nigeria’s state oil company entered wants Chinese firms to accelerate the overhaul and restart of the state-owned 210,000-bpd Port Harcourt and 125,000-bpd Warri refineries amid soaring oil prices.
Fuel prices in Morocco ease in May after weeks of sharp increases
Fuel prices in Morocco declined by around MAD 1 ($0.1) per litre in May, marking the first notable correction after weeks of consecutive increases that had pushed prices to record levels.
Japan quietly resumes Russian oil imports as Hormuz crisis forces a pragmatic rethink
A cargo of Russian oil arrived in Japan for the first time since the closure of the Strait of Hormuz as pragmatism overtakes principles in Tokyo.
ABB Egypt targets $5mn investment in clean energy solutions
ABB Egypt, a subsidiary of the Swiss-Swedish multinational ABB (SIX: ABBN), plans to invest $5mn in clean energy solutions before the end of 2026.
ADNOC ramps up expansion with $55bn capital push following OPEC departure
ADNOC has initiated a $55bn infrastructure investment phase for the 2026 to 2028 period
Switzerland breaks ground on world's most powerful battery
A construction crew in northern Switzerland is excavating a pit the size of two football pitches and 27 metres deep that will house the world's most powerful battery when it opens in 2029 — a $1bn batter that can supplying 210.000 homes
Egypt signs agreement to finance major renewable energy projects
Egypt’s Tahya Misr Holding for Investment and Development has signed a protocol with the Ministries of Electricity and Renewable Energy and Finance to fund a series of renewable energy projects
Shell to begin gas production from Egypt’s West Mina field late 2026
International oil major Shell (NYSE:SHEL) is set to begin natural gas production from Egypt’s West Mina field in the Mediterranean Sea in Q4 2026, in partnership with Kuwait Foreign Petroleum Exploration Company (KUFPEC).
Renewables have saved Europe €100mn every day since the start of the Iran war
Solar power has been saving Europe more than €100mn a day since the US-Israel war on Iran began, Euronews reports, as the Strait of Hormuz blockade transforms the economics of Europe's energy transition from a climate crisis to a security issue.
AEC calls on African oil producers to remain in OPEC after UAE exit
The African Energy Chamber (AEC) has urged African oil-producing countries – Algeria, the Republic of Congo, Libya, Equatorial Guinea, Gabon and Nigeria – to remain within OPEC.
Coal mines are leaking vast amounts of methane into the atmosphere and almost no one is measuring it - Ember
Almost five years after 159 countries signed the Global Methane Pledge committing to cut anthropogenic methane emissions by 30% by 2030, coal mines are releasing roughly the same amount of the potent greenhouse gases.
Australia's giant battery fleet has killed the evening price spike
For decades, the economics of electricity markets around the world have been governed by a simple and expensive daily ritual: as the sun goes down, solar generation drops, demand rises, and coal- and gas-fired plants switch on to fill the gap
Three US potential buyers emerge for Shell’s LNG Canada stake
Three US investment firms have expressed interest in acquiring a portion of Shell’s share in LNG Canada.
OPEC+ core adjusts output as UAE finalises institutional withdrawal
The UAE has formally withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), deepening its strategic pivot away from multilateral energy frameworks
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