Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has stated that Egypt contributed to securing part of Europe’s energy needs during the global crisis, as an investment in its role as a regional center for energy trade and circulation.
On February 15, 2023, Ministers responsible for energy from around 40 countries took part in an IEA Ministerial meeting on Gas Markets and Supply Security. Ministers expressed their sincere condolences to Türkiye following the tragic loss of life caused by the devastating earthquakes this month and pledged their continued support for disaster relief and recovery efforts in the country.
The December 2022 US-Africa Leaders Summit hosted by President Biden in Washington highlighted the emerging role of Africa in global affairs, including in the competition with China and Russia. In his address to the Summit, President Biden endorsed the proposal for the African Union to join the G20 and pledged $55 billion in financing and investment over three years.
(WO) — Government and industry gathered on Nov. 30 to discuss energy security, the energy transition to net zero and challenges to maintaining investment in the North Sea during a forum hosted by industry regulator the North Sea Transition Authority (NSTA).
Energy security has been ignored for too long, a diversified and global strategy is needed if the world is going to avoid future energy crises
The narrative that the world will be able to quickly and effectively move away from fossil fuels has been majorly undermined this year.