An Israeli court has approved a class action suit against NewMed Energy over allegations that the company failed to disclose a material risk in a landmark gas export agreement that helped establish Israel as a regional g...
QatarEnergy has reduced its scheduled liquefied natural gas (LNG) deliveries to Bangladesh by half this year as disruptions linked to the ongoing US -Israeli war on Iran continue to affect shipments through the Strait of...
Baker Hughes, a leading energy technology company, announced that it has secured multiple contracts from India’s Oil and Natural Gas Corporation Limited (ONGC) to deliver advanced wireline services aimed at enhancing r...
UK-listed Genel Energy has agreed a $360mn all-cash takeover of Edinburgh-headquartered, Egyptian producer, Capricorn Energy, in a move that will transform the Iraqi Kurdistan-focused company into a more diversified Mena...
The Ministry of Petroleum and Mineral Resources (MoPMR) plans to offer 62 investment opportunities through the Egypt Upstream Gateway (EUG). Karim Badawi, Minister of Petroleum and Mineral Resources, announced the plan d...
The UAE increased its crude oil production to more than 3.8 million barrels per day (mmbbl/d) in June, reaching its highest level since April 2020 after withdrawing from OPEC and OPEC+ production quotas, Reuters reported...
Shipping traffic through the Strait of Hormuz continues to be sporadic, even as transits increase from record lows. An overall uptick in traffic has come on the back of on-off talks between the US and Iran that follow th...
XRG, the investment arm of Abu Dhabi National Oil Company (ADNOC), has acquired an additional stake in Trains 4 and 5 at the Rio Grande liquefied natural gas (LNG) terminal in Brownsville, Texas, deepening its exposure t...
The Great Restart is well underway, with producers across the Gulf increasing production and exports despite the fragility of the US-Iran agreement that led to the partial reopening of the Strait of Hormuz. The closure o...
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Sherif Bayoumy, Managing Director of SLB (formerly Schlumberger) for Egypt and the Eastern Mediterranean, and Basil Abdel Wahab, SLB Vice President of D...
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