MoPMR Targets Drilling 101 Exploratory Wells in 2026

MoPMR Targets Drilling 101 Exploratory Wells in 2026

Minister of Petroleum and Mineral Resources Karim Badawi announced an ambitious 2026 roadmap featuring the drilling of 101 exploratory wells to bolster national reserves. Speaking at an American Chamber of Commerce (AmCh...

Jordan To Supply Syria With More Gas

Jordan has agreed to increase gas exports to Syria, as neighboring states continue to support the Sharaa government’s efforts to rebuild the state. Jordan’s state utility Nepco has been supplying Syria with 30-90mn c...

OPEC+ Eight Maintain Pause on Output Increases

Eight OPEC+ member nations agreed to maintain their pause on planned oil production increases during a virtual meeting held on February 1. The group cited seasonal demand factors and ongoing market uncertainty as the pri...

IOCs Step Up Investment As Payment Reliability Im...

Egypt plans to bring down its outstanding receivables to oil and gas producers to $1.2bn by end-June, Prime Minister Mostafa Madbouly announced on 21 January. This means that Egypt would have paid off nearly $5bn over th...