Oil News

Prime Minister Mostafa Madbouly held a meeting with the CEO of the Norwegian renewable energy company Scatec Terry Belskog to discuss the first issuance of green bonds to refinance the company’s plants in the Benban Solar Complex. At the beginning of the meeting, Madbouly highlighted the confidence of international financial institutions in the Egyptian economy and the growing partnership with Scatec. This …

Wintershall Dea’s CEO Mario Mehren announced that his company decided to keep its projects in Russia after conducting intensive discussions . This announcement was made during the Wintershall Dea’s press conference for its first quarter results. Mehren confirmed that the company stopped financing new projects in Russia after its attack against Ukraine. He clarified that the company would not leave …