Egypt signed a deal with United Arab Emirates on June 6 for a $10 billion wind energy project to produce 10 gigawatts of electricity, Egyptian state TV reported.
The project will be established by a consortium led by UAE renewable energy firm Masdar and including Infinity Power and Egypt's Hassan Allam Utilities.
Recommended Reading
Chevron Corp. Waives Rules to Retain CEO Mike Wirth
2023-07-24 - Chevron Corp. waived its mandatory retirement age to retain CEO Mike Wirth while CFO Pierre Breber will retire.
Bakken’s Vitesse Energy Appoints James Henderson as CFO
2023-08-30 - James Henderson’s new role at Vitesse Energy follows financial leadership roles at Williston Basin E&Ps including Whiting Petroleum Corp. and Kodiak Oil & Gas.
X-Energy Reactor Appoints Gregory Goff to Board
2023-08-08 - X-Energy Reactor Co. is appointing Gregory J. Goff to its board of directors, who also serves on the boards of Exxon Mobil and Avient.
Kinetik Announces Senior Leadership Promotions
2023-08-27 - The new promotions will report directly to President and CEO of Kinetik, Jamie Welch.
Civitas Resources Appoints Kelly to Chief Transformation Officer
2023-08-10 - Civitas Resources has appointed Jeff Kelly, formerly of The Blackstone Group and Anadarko Petroleum Corp., to chief transformation officer.