The Board of Directors of the Export-Import Bank of the United States (EXIM)  has authorized over $2 billion in export credit insurance to facilitate US liquefied natural gas (LNG) exports to Egypt, according to an EXIM...

Sidi Kerir Petrochemicals Company (SIDPEC) reported total sales of EGP14.4 billion and a net profit of EGP1.138 billion for the fiscal year (FY) 2025, according to Chairman Mohamed Zakaria El Afandy, who noted that perfo...

The UAE's Port of Fujairah has emerged as a vital international oil gateway outside the Strait of Hormuz since the start of the Iran war on 28 February. Despite multiple Iranian attacks on Fujairah, Adnoc has continued t...

Yemen’s Houthis entered the Middle East conflict on 28 March, exactly one month into the war, when the group fired missiles and drones at Israel. Capturing the spirit of Iran’s ‘Axis of Resistance,’ military spok...

India has resumed buying oil from Iran for the first time in nearly five years, as ongoing tensions in the Middle East continue to disrupt supplies, especially through the Strait of Hormuz, Reuters reported. The oil mini...

Iraq is being drawn deeper into the ongoing conflict in the Middle East. Pro-Iran proxies have intensified their attacks on US military and diplomatic facilities in federal territories, the Kurdistan region, and neighbor...

Chevron restarted production at Israel’s 1.4bn cfd capacity Leviathan gas field on 2 April, ending a 33-day precautionary shut-in amid the US-Israeli conflict with Iran (MEES, 6 March). The move comes despite US Presid...