Karim Badawi, Minister of Petroleum and Mineral Resources, highlighted Amreya Petroleum Refining Company’s (APRC) higher production and urged refineries to improve efficiency and make better use of available production...
Iran has allowed a number of Iraqi oil tankers to transit the Strait of Hormuz after Baghdad repeatedly sought permission through multiple channels, Reuters reported, citing Iran’s state-run Islamic Republic News Agenc...
US President Donald Trump is ratcheting up the economic pressure on Iran in a bid to force it to compro-mise. Years of sanctions, followed by this year’s destructive military campaign, have not persuaded Teh-ran to mak...
Egypt’s external vulnerability to higher oil prices is materially lower than previously assumed, with record remittance inflows and greater exchange-rate flexibility providing a crucial cushion against external shocks,...
Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, met with Abdullah Ateya Al Messabi, CEO of ADNOC Drilling, to discuss strategic partnerships and the company’s participation in Egypt’s expanded on...
The first half of the year was an unprecedented period for Saudi Arabia’s oil sector, and newly released Jodi data provide a clearer picture of how the kingdom navigated the turbulence. The effective closure of the Str...
Suez Oil Processing Company (SOPC) refined nearly 1.4 million tons (mt) of crude to provide mazut, asphalt, Liquefied Petroleum Gas (LPG), diesel, and gasoline, said Chairman Mohamed Shehata El-Baz during the general ass...
The Libyan oil producer is wrestling with liquidity problems Source link
The Cabinet has approved the establishment of a special free zone named Fujairah Alamein Oil and Gas Company in New Alamein City, Matrouh Governorate, according to Decree No. 65 of 2026. The new free zone, which covers a...
About half of Venezuela’s oil production is now being exported to the United States (US), Reuters reported, quoting US Energy Under Secretary Kyle Haustveit, highlighting the rapid shift in Venezuela’s crude trade fo...
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