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2026-10-13T17:35:23.100Z

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Shell divests Nigeria gas assets

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3 Hrs2026-10-13T20:50:00.000Z
Shell divests Nigeria gas assets

European stocks hit one-week peak

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10 Hrs2026-10-13T14:01:00.000Z
European stocks hit one-week peak

Stellantis faces production halt and shipment dip

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10 Hrs2026-10-13T13:31:00.000Z
Stellantis faces production halt and shipment dip

Tencent Raises $4.5B via Offshore Bonds

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13 Hrs2026-10-13T11:02:00.000Z
Tencent Raises $4.5B via Offshore Bonds

Gold Gains Ahead of U.S. Inflation Report

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14 Hrs2026-10-13T09:56:00.000Z
Gold Gains Ahead of U.S. Inflation Report
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Egypt and Saudi Arabia plan 3000 MW connect

Egypt and Saudi Arabia plan 3000 MW connect

Egypt and Saudi Arabia have agreed to complete the operation of the electrical interconnection project between the two countries, which aims to exchange capacities of up to 3,000 megawatts through a directly connected electrical network. This network includes three converter stations, overhead lines approximately 1,350 kilometers long, and submarine cables. The project is expected to be inaugurated and commissioned in the upcoming weeks after the completion of the second phase's trial operation at a capacity of 1,500 megawatts. This will enhance the stability of both grids, improve the efficiency of utilizing surplus electricity, and enable energy exchange to benefit from the differing peak times between the two nations. The two sides also discussed expanding investments in renewable energy projects, especially solar and wind, as well as exchanging technical expertise and modern technologies to support their shared goals and achieve sustainable development objectives.

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