Operating companies in the Gulf of Suez region held a workshop at the Gulf of Suez Petroleum Company (GUPCO) headquarters to discuss strategies for improving performance and reducing well drilling costs. The initiative a...
Opec+ is entering 2026 with the ‘Group of Eight’ holding production quotas steady for Q1. A decision on output policy for April is likely to be made in March. The parallels with the two previous years are clear, with...
The Ministry of Petroleum and Mineral Resources (MoPMR) has signed two Memoranda of Understanding (MoUs) with the Syrian Ministry of Energy to supply Syria with natural gas, petroleum products, and technical expertise. T...
The Houthis’ campaign against maritime traffic in the southern Red Sea shone a spotlight on an often overlooked but critical region. But while the wholesale diversion of global shipping from the Red Sea since early 202...
The Trump administration plans to meet later this week with US oil company executives to discuss boosting natural gas and oil production in Venezuela following the removal of President Nicolas Maduro, a source familiar w...
Following the capture of the Venezuelan president and his wife, President Trump suggested during his first press conference that the United States would run the country. This off-the-cuff remark created significant ambig...
Baker Hughes, an energy technology company, announced Monday the closing of the sale of its Precision Sensors & Instrumentation (PSI) product line to Crane Company. The transaction follows a divestiture agreement origina...
Egypt LNG imports surged to a new all time high in 2025, with volumes more than tripling year-on-year to 8.92mn tons according to Kpler data. LNG imports only resumed in 2024 for the first time in four years, but the ret...
One year ago if asked which country, Lebanon or Syria, was better set for a major economic turnaround in 2025, most observers would likely have said the former. The Iran-backed Hezbollah militia had been severely weakene...
Dana Gas, the Middle East’s largest private sector natural gas company, has received a $50 million payment from the Egyptian government, reducing overdue receivables, according to a press release issued by the company ...
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