This is Beirut, 22/05 17:26 - Reading : 2 minute(s)
Damascus European Union Turkey Energy
Turkish Energy Minister Alparslan Bayraktar said Thursday in Damascus that his country would ramp up energy exports to Syria to help boost electricity supplies as its neighbour seeks to recover after years of war. "We want to triple our current electricity exports to meet Syria's electricity needs, and realise an electricity export of ...
This is Beirut, 21/05 19:05 - Reading : 2 minute(s)
Iraq signed a major energy deal Wednesday with a Chinese petroleum company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent years, becoming a major player across various sectors and now one of the largest importers of Iraqi ...
This is Beirut, 16/05 22:40 - Reading : 2 minute(s)
Lebanon Iraq Arab Summit Nawaf Salam Energy
Prime Minister Nawaf Salam met on Friday with his Iraqi counterpart, Prime Minister Mohammed Shia Al-Sudani, in Baghdad to discuss expanding bilateral cooperation ahead of the 34th Arab Summit. Talks focused on energy, economic ties, and cultural exchange, with both leaders emphasizing the need to strengthen Arab unity in the face of regional ...
This is Beirut, 16/05 18:50 - Reading : less than a minute
Lebanon Energy Water Infrastructure Loan World Bank
Lebanon is advancing efforts to tackle its energy and water crises by activating two major loans from the World Bank. Finance Minister Yassine Jaber announced that the Council of Ministers has approved Decree No. 217, tied to a $250 million loan to develop renewable energy and strengthen the national power grid. The project, prepared on an urgent ...
This is Beirut, 16/05 10:40 - Reading : 1 minute(s)
United States Lebanon Syria Energy Power
Minister of Energy Joe Saddi expressed cautious optimism on Friday following the United States’ surprise decision to lift certain sanctions on Syria, suggesting the move could breathe new life into long-stalled regional energy projects vital to Lebanon’s power sector. Speaking to the Markazia news agency, Saddi said the US initiative may ...
This is Beirut, 07/05 19:10 - Reading : 2 minute(s)
Google Technology Energy Artificial Intelligence
Tech giant Google and nuclear developer Elementl Power have signed an agreement to develop three advanced nuclear power plants in the United States, according to a statement released Wednesday. The partnership comes as technology companies seek new power sources to meet the growing energy demands of the generative AI revolution. Under the ...
This is Beirut, 06/05 18:27 - Reading : 1 minute(s)
Lebanon Iraq Central Bank Baghdad Energy Oil agreement
Lebanon and Iraq have renewed a key energy deal through which Baghdad will supply Beirut with two million tons of crude oil, now under new payment terms that reflect shifting regional dynamics. In a notable departure from past arrangements, Lebanon has agreed to settle its dues in US dollars via direct transfers from the Banque du Liban, ending ...
This is Beirut, 16/04 17:35 - Reading : 2 minute(s)
The Kremlin on Wednesday declined to specify when a 30-day moratorium on strikes on Ukraine's energy infrastructure would end -- or whether it would be extended -- just hours before the agreement was set to expire. Russian President Vladimir Putin said on March 18 he had ordered his army to halt attacks on Ukraine's energy infrastructure for 30 ...
This is Beirut, 13/04 15:15 - Reading : 2 minute(s)
United States Saudi Arabia Chris Wright Prince Abdulaziz bin Salman Energy Nuclear Program
The United States and Saudi Arabia are set to sign a preliminary agreement to collaborate on Saudi Arabia's plans to establish a civil nuclear industry, according to US Energy Secretary Chris Wright. Speaking in Riyadh and cited by Reuters, Wright mentioned that both countries are on “a pathway” towards an agreement that would support the ...
This is Beirut, 10/04 13:15 - Reading : 2 minute(s)
Electricity consumption by data centres will more than double by 2030, driven by artificial intelligence applications that will create new challenges for energy security and CO2 emission goals, the IEA said Thursday. At the same time, AI can unlock opportunities to produce and consume electricity more efficiently, the International Energy Agency ...
This is Beirut, 09/04 21:19 - Reading : 3 minute(s)
Iraq Electricity Energy GE Vernova
Iraq on Wednesday signed a memorandum of understanding with US energy firm GE Vernova to produce 24,000 megawatts of electricity, the government said, during a visit by an American trade delegation. Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework ...
Liliane Mokbel, 29/03 12:00 - Reading : less than a minute
solar panels lebanon imports energy
The solar energy market in Lebanon experienced a dramatic decline. In 2024, imports of solar panels dropped by 41% compared to 2023 and by 82% compared to 2022, according to data from the Lebanese Customs Authority. A record high was reached in 2022, with 5 million panels imported, while only 2.24 million were imported in 2024, valued at a ...