The International Energy Agency (IEA) said more than 400 million barrels (mmbbl) of oil from emergency reserves will start entering global markets soon as part of a coordinated effort to ease a surge in crude prices foll...
Australia’s Murdoch University will launch an advanced training program for geologists working at the Mineral Resources and Mining Industries Authority (MRMIA) and affiliated companies. The program, designed in coopera...
More than 130mn barrels of oil have been loaded onto tankers stranded inside the Gulf following Iran’s de facto closure of the Strait of Hormuz. The risk of attacks from Iran has been too great for most shipping compan...
Iran has permitted two Indian-flagged liquefied petroleum gas (LPG) carriers to pass through the Strait of Hormuz, sources with direct knowledge said to Reuters, marking a rare exception to Tehran’s blockade that has d...
Every day that the Strait of Hormuz remains closed, the world slides deeper into an economic crisis. This week the IEA said the world is facing the largest oil market disruption in history, as its members approved a reco...
Karim Badawi, Minister of Petroleum and Mineral Resources, conducted an unannounced visit to the National Natural Gas Grid Control Center (NATA) at the Egyptian Natural Gas Company (GASCO) headquarters. The visit aimed t...
Vaalco Energy, a US-based energy company, completed drilling four development wells in the Eastern Desert during the fourth quarter (Q4) of 2025. Three wells were completed during the quarter, with the fourth finished in...
Aramco’s plans to expand its liquids-to-chemicals capacity to 4mn b/d by 2030 have been deferred, the firm said in its 2025 Annual Report. The company says it is “re-pacing LTC investments,” and now describes the 4...
TotalEnergies reported that production in Qatar, Iraq, and offshore United Arab Emirates (UAE) is either halted or in the process of shutting down, representing around 15% of the company’s total output. Onshore UAE pro...
Sitting outside the Strait of Hormuz, the 255,000 b/d Duqm refinery in Oman has escaped largely unscathed from the Iranian onslaught on Gulf energy infrastructure. On 2 March, a suspected Iranian drone hit a fuel tank at...
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