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Lebanon signs deal to purchase natural gas from Egypt...
30 Dec, 2025 09:43
265 min read
Lebanon has signed a memorandum of understanding with Egypt to import natural gas for electricity generation, aiming to reduce reliance on fuel oil and address chronic power shortages. The move revives a stalled 2022 agreement that was hindered by financing challenges and U.S. sanctions on Syria, which the gas would transit through. Lebanon's electricity sector has accumulated over $40 billion in losses since the civil war, forcing residents to depend on costly private generators. The deal aligns with Lebanon's strategy to diversify energy sources and transition to cleaner fuels, though pipeline rehabilitation and funding remain hurdles....
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Energy Markets
Oil prices drop to $61.50 amid rising Russia-Ukraine tensions, supply concerns...
30 Dec, 2025 09:10
198 min read
Energy Markets
Global Middle East & Africa Industrial Boilers Market is projected to reach the value of $ 890.52 Billion by 2030...
29 Dec, 2025 09:22
198 min read
Energy Markets
Oil prices rise to $61.40 as investors weigh implications of Trump-Zelenskiy talks...
29 Dec, 2025 09:00
188 min read
Energy Markets
Oil rises as investors weigh outcome of Trump–Zelenskiy meeting...
29 Dec, 2025 08:57
190 min read
Energy Markets
UAE gold prices rise to AED543.25 as global rates hit new high on rising Fed rate cut bets...
26 Dec, 2025 08:22
194 min read
Energy Markets
Oil prices hold steady at $62.23 as traders assess supply risks amid rising geopolitical tensions...
26 Dec, 2025 08:14
163 min read
Energy Markets
Faraday Future Middle East signs strategic cooperation MoU with RAK Digital Assets Oasis...
25 Dec, 2025 12:14
245 min read
Energy Markets
Natural Gas And LNG Building A Bridge To African Energy Security And Prosperity – OpEd...
24 Dec, 2025 13:33
236 min read