Iran’s 5 April announcement that it would allow Iraqi oil to transit the Strait of Hormuz has been met with little enthusiasm from buyers, forcing Iraq to continue its quest for alternative routes to market. A senior o...

Tag Oil, a Canadian-based international oil and gas exploration company, is preparing to drill a  T-200 vertical well in the Badr Oil Field (BED-1) concession located in the Western Desert in 2026, according to its firs...

Libya this week announced three oil and gas discoveries with international partners Sonatrach, Repsol, and Eni, marking progress despite the sector’s slow recovery as exploration activity has gained momentum after more...

Refined oil product inventories in Fujairah, the United Arab Emirates (UAE), dropped below 10 million barrels (mmbbl) on April 15, marking their lowest level in at least nine years, according to the latest data reported ...

The Egyptian Projects Operation and Maintenance (EPROM), a subsidiary of the Egyptian General Petroleum Corporation (EGPC), reported a net profit of EGP 1.586 billion in 2025, marking a 44% increase from 2024, Chairman H...

Cyprus gas developments have been in the spotlight in recent weeks, even though no gas has been produced to date. However, energy companies with offshore assets are making progress on a number of projects with the latest...

Shipping data recorded on April 14 showed that a third Iran-linked tanker was transiting the Strait of Hormuz on the first full day of the US blockade on vessels calling at Iranian ports. US President Donald Trump announ...

Opec’s monthly crude oil production fell by a massive 7.50mn b/d in March, the largest decline in its history. The group’s largest producers were forced to implement large-scale shut-ins after Iran closed the Strait ...

Karim Badawi, Minister of Petroleum and Mineral Resources, underscored the importance of maximising the capabilities of Tanmia Petroleum Company in implementing Early Production Facilities (EPFs) to accelerate the additi...