On 25 July, in the fifth month of a war that has effectively shut the Strait of Hormuz to most traffic, Kuwait Petroleum Corporation (KPC) secured the largest inward investment in the country’s history through ‘Proje...
Russia has extended its ban on diesel exports until September 30 as the country seeks to stabilize its domestic fuel market, Reuters reported, citing the Russian government. The extension also applies to exports of marin...
Morocco is relying increasingly on electricity imports from Spain, which have risen to their highest level in nine years. Despite ambitious plans to become a major exporter of low-carbon electricity to Europe, Morocco’...
The production sharing agreement covers an onshore area in Libya’s Sirte Basin Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis ...
El Wastani Petroleum Company’s (WASCO) plans to boost gas output from existing fields by maximizing well productivity and reassessing formations and reservoirs and accelerating drilling and development activities based...
Q: After years of anticipation, delays and unsuccessful attempts to bring Cyprus’ offshore gas to market, the Cronos project has now reached FID (MEES, 31 July). What does this milestone mean for Cyprus’ energy secto...
Karim Badawi, Minister of Petroleum and Mineral Resources, is pushing Petrojet’s expansion into regional markets as the state-owned Petroleum Projects and Technical Consultations Company (PETROJET) signs a $22.7 milli...
The agreements were signed by Aramco and Aramco Digital during the French-Saudi Investment roundtable meeting in Paris, which was attended by Amin Nasser, president and CEO of Aramco Subscribe to read the full arti...
The Cronos field will transform Cyprus from a country with gas potential into a gas producer. After years of hope and frustration, Cyprus plans to produce its first gas in 2028. Cronos is operated by Eni (50%) alongside ...
The US has imposed sanctions on Singapore-based Wellbred Capital and affiliated trading companies in the UAE and Switzerland, citing their links to Iran as Washington intensifies efforts to disrupt Tehran’s global fina...
Hi! How can we help you? 👋