sound-energy

Egypt Could Secure $10 bln from IMF – Central Bank

Egypt could secure up to $10 billion from the International Monetary Fund (IMF) by agreeing to a structural reform program, the central Bank said on Monday. The announcement follows an earlier comment by a cabinet minister on Monday that Egypt had last week started negotiations with the IMF for a $5 billion loan. Since the […]

Morocco-Nigeria Gas Pipeline Project: ILF & DORIS picked up for phase II FEED Studies

The International consulting firms ILF and DORIS Engineering have been chosen to conduct phase II of the FEED (Front End Engineering Design) study of the Morocco-Nigeria gas pipeline project, a key strategic undertaking for Africa’s energy development and sovereignty. The onshore and offshore gas pipeline will cross the land and waters of 16 countries along […]

Putin’s turnaround: Russian leader to abstain from BRICS summit in South Africa

In a surprising turnaround, South Africa’s presidency announced on Wednesday that, in the end, Russian President Vladimir Putin will not personally attend the BRICS summit in South Africa in August. In March, the International Criminal Court (ICC) issued an arrest warrant for Putin for alleged war crimes involving accusations that Russia has forcibly taken Ukrainian […]