Cairo has pushed back against BP’s proposed asset sale to Energean, while greenlighting other upstream takeovers. Egypt is cautious over who could manage BP’s strategic assets.
Omani state upstream firm Energy Oman plans to expand its gas business by developing major non-associated gas resources with international partners and taking stakes in LNG facilities.
Cyprus and Israel hope to reach an agreement later this month on their long-running dispute over the cross-border Aphrodite-Ishai gas reservoir, Cypriot energy minister Michael Damianos said this week ...
The Ministry of Finance released its 2027 pre-budget document this week, and provided a revised outlook for the current year. It has revised up its expected budget deficit for 2026 from $44bn to ...
Turkey’s gas imports from Iran stayed steady at 920mn m3 (0.92bcm) in August, despite the 25-year gas supply contract expiring on 29 July, government statistics reported to the EU’s Eurostat show.
Crude oil exports from the Middle East are closing in on pre-conflict levels despite frequent Iranian attacks on tankers. With global concerns over fuel shortages growing, can the region achieve a ...
Libya’s Petroleum Facilities Guard (PFG) has allowed crude oil to once again flow through the Sharara-Zawiya pipeline. The blockade lasted nearly a week and NOC calculated the lost revenue at around ...
Egypt has completed work on its side for the 3GW high voltage direct current (HVDC) electricity interconnector with Saudi Arabia, leaving only limited work and technical testing in the kingdom before ...
Omani state-led upstream firm PDO has raised oil production to take advantage of the record prices Omani crude has fetched this year. The Hormuz crisis pushed the official selling price (OSP) for Oman ...
October, marking a landmark occasion for Saudi Arabia. The kingdom is an increasingly active player in global energy markets. Originally, Saudi Arabia was just an exporter of crude oil, but now Saudi ...
Sudan’s rival forces have once again accused each other of targeting critical energy infrastructure as the army-led government warned the conflict was shifting to ‘economic warfare.’ ...
TotalEnergies and its partners XRG and Socar have taken the final investment decision for the Absheron gas field’s 450mn cfd Phase 2 development in Azerbaijan. The expansion will help boost gas ...
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