6+ hour, 54+ min ago   (276+ words) Sayed Selim, Executive Managing Director at the Egyptian Natural Gas Holding Company (EGAS), toured the company’s polyethylene pipe factory in Ain Sokhna. The visit aims to follow up on directives from Minister of Petroleum and Mineral Resources Karim Badawi to…...

1+ week, 3+ day ago   (249+ words) Iraq’s Prime Minister Ali al‑Zaidi said on Tuesday that the country must secure a fair share within the Organization of the Petroleum Exporting Countries (OPEC), responding to reporters who asked whether Baghdad was weighing an exit from the oil…...

1+ week, 4+ day ago   (827+ words) Egypt Oil & Gas Red Sea Reforms: From Frontier Promise to Capital Flow “The Egyptian Red Sea remains one of the world’s last underexplored frontier basins. Unlike the mature hydrocarbon provinces of the Gulf of Suez, Western Desert, and the Mediterranean,…...

1+ mon, 1+ day ago   (573+ words) Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman al‑Thani stressed that establishing a direct hotline between the US and Iran is vital to prevent rogue actors from obstructing efforts to reopen the Strait of Hormuz, adding that the Gulf state…...

1+ mon, 4+ day ago   (231+ words) Iraq is preparing to export crude oil and naphtha through Syrian ports after the Iran war disrupted its main Gulf shipping routes, according to Iraqi and Syrian energy officials and refinery sources, Reuters reported. The move expands an existing arrangement…...

1+ mon, 1+ week ago   (284+ words) The ongoing war has unleashed complex macroeconomic challenges for Egypt, with energy at the heart of the storm. As a net energy importer, the government faces the formidable task of navigating the financial arithmetic of conflict while executing International Monetary…...

1+ mon, 2+ week ago   (246+ words) Iran has announced that it is moving forward with plans to coordinate with Oman on the administration of the Strait of Hormuz, one of the world’s most important oil transit routes. Foreign Minister Abbas Araghchi said the initiative aligns with…...

2+ mon, 5+ day ago   (258+ words) Energean lowered its 2026 production guidance and reduced its dividend after a 41-day suspension of operations in Israel weighed on its first-quarter performance, Reuters reported. The company, which operates natural gas and oil assets across Israel, Greece, the UK, and other…...

2+ mon, 5+ day ago   (249+ words) Egypt has reduced arrears to foreign partners to $440 million from $6.1 billion in June 2024, with the remaining dues set to be fully settled by the end of next month, said Karim Badawi, Minister of Petroleum and Mineral Resources, during a strategic…...

2+ mon, 2+ week ago   (409+ words) Saudi Energy Giant Aramco reported a 25% year-on-year (YoY) increase in first-quarter (Q1) net profit for 2026, supported by operational resilience amid ongoing disruptions to shipping through the Strait of Hormuz, according to a press release by the company. The company recorded a…...