2025 has been a challenging year for Greek independent Energean. The London and Tel-Aviv listed firm had hoped to sell its Egypt, Italy and Croatia assets to UK-based equity giant Carlyle for $945mn, but the deal fell th...
Saudi Aramco’s Jafurah shale gas project has commenced production at 450 million standard cubic feet per day (mmscf/d), marking the completion of the project’s first phase, Saudi Arabia’s Finance Ministry revealed,...
Egypt is seeking partnerships with investors and financial institutions to unlock its untapped mineral wealth and boost the sector’s contribution to the national economy, said Minister of Petroleum and Mineral Resource...
The US is an increasingly critical pillar of Egypt’s energy security strategy, supplying record volumes of LNG this year. This has been key to avoiding blackouts in Egypt as Israeli pipeline supplies have been enduring...
Eight leading OPEC+ members, Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, agreed to pause their planned production increases for January to March 2026, citing seasonal demand patterns and a...
Adnoc’s 2024 board meeting this week has shed new light on its medium-term growth plans (MEES, 28 November). “Adnoc continues to responsibly provide energy to meet growing global demand while maximizing value for our...
ExxonMobil has approached Iraqi oil ministry officials to express interest in acquiring Lukoil’s majority share in the West Qurna 2 oilfield, Reuters reported. The field holds approximately 13 billion barrels of recov...
French oil major TotalEnergies and its partner Tree Energy Solutions will jointly develop a synthetic methane production facility in Nebraska with Japanese firms Osaka Gas, Toho Gas, and Itochu, Reuters reported. The Li...
Entering the final stretch of the year, Saudi Arabia can look back at how the summer played out with satisfaction. The kingdom brought back 1mn b/d of crude oil production between April and September, and despite concern...
Petroleum Projects and Technical Consultations Company (PETROJET) has secured a $273 million Engineering, Erocurement, and Construction (EPC) contract to deliver a 193-kilometer natural gas pipeline project in Oman. The ...
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