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July 16, 2024

Electricity linkage between Egypt, Saudi Arabia

The Ministry of Electricity and Renewable Energy revealed Tuesday that the electricity linkage between Egypt and Saudi Arabia would begin operation in Fall 2025 with a capacity of 3,000 megawatts as a first phase.

The project – implemented by a conso…

Oil prices decline at settlement

Oil prices fell at settlement at the end of Monday’s trading.

Brent crude futures fell 18 cents, or 0.2 %, to settle at $84.85 per barrel.

US West Texas Intermediate crude also fell 30 cents, or 0.4 %, to reach $81.91 per barrel upon settlement.

Th…