MFT Energy
MFT Energy | 10.869 følgere på LinkedIn. A world of energy | MFT Energy is an independent energy trading company specializing in trading power, gas, and environmentals. We want to empower entrepreneurs to become the best. Rapidly growing we have 165 professionals working from all over the world on 38 markets.
BP, ADNOC''s XRG agree Egypt gas JV Arcius Energy
4 天之前· The joint venture, Arcius Energy, is 51% owned by BP and 49% owned by XRG. It will operate in Egypt initially. Naser Saif Al Yafei, an ADNOC veteran, was hired as Arcius'' chief
ENERGY PROFILE Egypt
Primary energy trade 2016 2021 Imports (TJ) 1 273 504 1 066 747 Exports (TJ) 603 229 871 586 Net trade (TJ) - 670 275 - 195 161 Imports (% of supply) 34 25 Exports (% of production) 19 22 Energy self-sufficiency (%) 83 96 Egypt COUNTRY INDICATORS AND SDGS TOTAL ENERGY SUPPLY (TES) Total energy supply in 2021 Renewable energy supply in 2021 38%
Annual Report 2021 – MFT Energy
MFT Energy generated impressive growth rates in 2021 and achieved an EBIT of EUR 65.4m (DKK 487m). Hitting the five-year mark, the company is making strong strategic progress and continues to accelerate. At the same time, the company strengthens the organization with a new professional Board with experienced executive Eivind Kolding as
会社概要 – MFT Energy
mft apac 3 欧州、北米、オーストラリアにおけるエネルギー取引活動への献身的な取り組みにより、卓越したプラットフォームを開発し、非常に魅力的な日本のエネルギー取引市場における貴重な機会を探求することができました。
Egypt
Egypt relied on fossil fuels for 88% of its electricity in 2023. Its per capita emissions are lower than the global average. Egypt''s largest clean electricity source is hydro (7%). Wind and solar are starting to grow, comprising 5% of the country''s electricity in 2023, up from just 1% in 2015.
MFT Energy cultivates a proactive mindset and a can-do attitude
MFT Energy is a place with a strong focus on both your personal and professional growth. Your development is not limited to your job description, but instead continued learning and progression in the organization. As a part of the legal team, I had the chance to work closely with our traders – and other departments – which provided me with
A new world of energy
In 2022, MFT Energy delivered solid results in an extraordinary market situation with high volatility. Our scalable business platform combined with our solid risk management setup secured a gross profit of EUR 641.9m and EBIT of EUR 576.2m, corresponding to a scalability of 89.8%. 0 100 200 300 400 500 600 700
MFT Energy announces new CEO and publishes 2022 results
MFT Energy A/S, Margrethepladsen 4, 3rd floor, 8000 Aarhus C, Denmark 1 MFT Energy announces new CEO and publishes 2022 results Energy trading company, MFT Energy, welcomes Bo Palmgren as the new CEO. He will be taking over the responsibility from Torben Nordal Clausen in a well-planned change of leadership. The change comes at the same time as
Annual report 2019 – MFT Energy
A year with crucial strategic investments for the future "We built a great foundation for continuing our growth and our ambitions. And we expect great things from our significant investments made in 2019" – Cagdas Ates, CEO at MFT Energy With Turnover rounding up at 111 million EUR, Gross Profit at 4.78 million EUR and EBIT landing at 2.1 million
At MFT Energy your talent is seen and encouraged to grow
I have chosen to be a part of MFT Energy because it is a growing company with a dynamic environment and great development opportunities. I joined MFT Energy five years ago in a highly versatile role, and since then, my learning curve has been very steep, navigating through positioning MFT Energy on 38 trading markets (so far) worldwide.
EA-500
Export Authorization Application to Canada, issued 11/8/2023. Pursuant to Section 202(e) of the Federal Power Act ("FPA"), 16 U.S.C. § 824a(e), and 10 C.F.R. §§ 205.300, et seq., MFT Energy US Power LLC ("Applicant") hereby submits this application for blanket authorization to export electricity from the United States to Canada for a term of ten years
Egypt Energy Monitor | Egypt Energy Monitor
Egypt Energy Brief, Issue 394. 2023-12-13. NDC profits still up in 9M 2023. 2023-12-12. AEDC said to award SEI another switchboard contract. 2023-12-12. Ministry plans five LNG shipments by year-end. 2023-12-12. Updates reported on Soda Ash project finance, works. 2023-12-12.
MFT ENERGY: Global Visions for Unique Trading Model
MFT Energy trades power and gas on energy exchanges and facilitates efficient markets, and while its primary business has historically been focused on short term power trading in Europe, taking advantage of the many lucrative opportunities in highly volatile markets driven by renewables, the last 18 months have seen a gradual move outside of Europe, taking in the
Australia as the Newest Addition to MFT Energy
MFT Energy has a professional approach towards the subsidiaries, the working environment is respectful and all about togetherness as opposed to silos. This is quite unique and something I have not encountered before in the energy business. With the opening of an Australian office, MFT Energy remains on track with its growth strategy and
Balyasny adds gas trader from MFT Energy
Cesni who joins from MFT Energy, has been on gardening leave since quitting the Aarhus-based independent energy trading company in July, according to his LinkedIn profile. The report cites unnamed sources familiar with the matter as confirming that Cesni, who spent one year and three months at MFT, is due to take up his new role in the third
About – MFT Energy
At MFT Energy, we have moved away from the command-and-control paradigm to allow highly-driven professionals to choose the best way to achieve goals. Competitive edge. Partners control the upside by strengthening their core
Financial Performance – MFT Energy
2021 was another record year for MFT Energy. Gross profit increased to EUR 83.7m (+524%) and EBIT increased to EUR 65.4m (+737%). The results outperformed even our most optimistic projections and proved the strength of our business model. Exceeding our expectations In 2021, our highly skilled trading teams succeeded in turning a demanding
Egypt''s bold 2030 Vision to transform the energy sector
In an exclusive interview with the Energy Connects Quarterly Review, H.E. Eng. Karim Badawi, Egypt''s newly-appointed Minister of Petroleum and Mineral Resources, shares his vision for the energy sector and how the country is poised to consolidate its reputation as a leading energy hub. Underscoring the pivotal role of the oil & gas sector to Egypt''s
The Keystone to Succeed in MFT Energy
MFT Energy has created a platform where there are no physical limits to recruiting the very best potential talents. Our CCO Bo Palmgren talked to Graduateships about our new Graduate Program. We bring the article underneath where you can read more about our Graduate Program and why It is an exciting time to join MFT Energy.
MFT Energy Graduate – MFT Energy
At MFT Energy, you''ll be part of a truly international company, with a diverse team representing 30 nationalities and five offices worldwide. In this fast-paced field, every day brings new challenges and opportunities to make a real difference by optimizing energy flows, balancing market demands, and supporting sustainable practices.
Life as an MFT Expat in Istanbul
Traveling globally can broaden your perspective, introducing you to diverse cultures, and ideas, and offering insights into alternate ways of thinking, behaving, and believing. Our Graduate and Partner, Anders Kjeldgaard, embraced MFT Energy''s Globetrotter opportunity, spending three enriching months in Istanbul. Here are his reflections on life as an expat. My
Trading with a purpose
MFT Energy Made For Trading MFT Energy''s talented and dedicated employees turns knowledge and data into trading strategies and business opportunities using in-depth market knowledge, comprehensive data sets, automation and analytical capabilities from data to execution. MFT Energy A/S - Annual report 2023 5
Egypt''s journey from gas bonanza to power blackouts
When Egypt inaugurated its vast Zohr gasfield in 2018, the government hailed the project for helping it achieve its ambitions to become energy self-sufficient and save an annual $2.8bn in gas...
Huge Growth Potential in the US – MFT Energy
Backed up by our strong team, well proven trading strategies and the MFT Energy platform, we have high expectations for the US market in the years to come . Brian Madsen . Director US Markets & Partner . Future. We see significant growth opportunities in the North American market and will continue to strengthen our market position and our US
Egypt signs green hydrogen agreement
The move follows Egypt''s Petroleum Minister, Tarek El Molla, saying the country planned for renewables to make up 60% of its energy mix by 2030. Its location in the global "sun belt" means it averages 9-11 hours of
EliTe Solar Breaks Ground on 5GW Solar Manufacturing Hub in
16 小时之前· SUEZ, Egypt, Dec. 20, 2024 /PRNewswire/ -- On December 16, 2024, EliTe Solar, a leading solar PV manufacturer headquartered in Singapore, held a groundbreaking
MFT Energy continues its global growth and sees great potential
While energy markets stabilized in 2023, MFT Energy continued to expand globally in both new and existing markets. The company opened an office in Austin (USA), increased its employee count in Singapore, and added environmentals as a new and established business area. In 2023, MFT Energy continued its growth strategy outside Europe and
Egypt''s Sisi updated on energy sector-related projects
The president stressed the importance of ensuring a swift implementation of various energy projects as key drivers of Egypt''s development. He emphasized the need to adhere to the set timeline for the Dabaa nuclear power plant. The president also highlighted the importance of training and qualifying human resources for the operation and
Career – MFT Energy
At MFT Energy, you''ll join a fast-paced, entrepreneurial environment where grit, hunger, and unity drive success—and where your work makes a real impact on the future of energy markets. Read more . Work whenever wherever. MFT Workspace is an initiative to make workdays more flexible, more efficient, and more enjoyable – dovetailing the
BP and XRG Close Deal to Launch Arcius Energy in Egypt
3 天之前· The platform, designed to develop natural gas assets, will initially focus on Egypt, contributing to the region''s energy security and economic development. This marks a
6 FAQs about [Egypt mft energy]
What is MFT energy doing now?
MFT Energy has become a global player within power and gas trading, and our role as a facilitator in the green transition and contributor to eficient markets provides us with a very strong growth potential. We will continue our accelerated growth strategy, global expansion and preparing for an IPO in 2023.
How does MFT energy manage risk?
Analytical tools are used to identify risks that could poten-tially prevent MFT Energy from achieving its strategic targets. Risks are assessed according to MFT Energy’s risk assess-ment guidelines. Monitoring of accepted positions. Risks are either accepted, avoided, or mitigated.
Does MFT energy enter into physical energy contracts?
As described under revenue recognition, MFT Energy enters into physical energy contracts, which are not considered entered into for the purpose of selling or taking delivery of the underlying goods. Further, MFT Energy enters into financial gas and power derivatives. Fair value changes for the accounting period are included in this line item.
What makes MFT energy a strong growth platform?
MFT Energy has built a strong growth platform within power and gas trading by applying deep market knowledge, data, analytical tools, technology, risk management and capital.
Where is MFT Energy headquartered?
We are headquartered in Aarhus, Denmark, and at the end of 2021, MFT Energy had 87 employees based in Europe, Turkey, the USA, Singapore, and Australia. Our growth strategy is based on growing in our existing markets and expanding into new ones.
Does MFT energy have a payment obligation?
MFT Energy has no further payment obligations once the contributions have been paid. The contributions are recognized as employee benefit expense when they are due. Prepaid contributions are recognized as an asset to the extent that a cash refund or a reduction in the future payments is available.