Russian oil giant Lukoil plans to sell its international assets following the imposition of new restrictive measures against the company and its subsidiaries. The move signals a major shift for one of Russia’s largest ...
Seaborne Kurdish crude exports from Ceyhan are planned to increase by around 40,000 b/d in November, after averaging around 200,000 b/d so far this month. Exports are now overseen by federal oil marketer Somo following l...
QatarEnergy has acquired 40% participating interest in the North Rafah exploration block offshore the Mediterranean Sea through a farm-in-transaction with Italian Eni, the Operator of the block, which would retain the re...
Minister of Petroleum and Mineral Resources Karim Badawi chaired the first meeting of the Higher Committee for the Egypt Energy Show (EGYPES 2026) Conference and Exhibition, which will take place from March 30 to April 1...
Exploration activity in Libya is picking up steam with more and more companies resuming drilling after years of instability forced a hiatus (MEES, 1 December 2023). Algerian state firm Sonatrach and Libyan NOC subsidiary...
Alexandria Mineral Oils Company (AMOC) inked a joint agreement with Middle East Oil Refinery (MIDOR) to upgrade the quality of AMOC’s production to meet international standards, increasing the supply of high-qual...
The US government took its most concrete action against Russian oil exports under the Trump administration this week. Days after proposed US-Russia talks in Hungary were unceremoniously cancelled, the US unveiled a raft ...
KarmSolar, Egypt’s pioneering solar energy utility, announced its official expansion into the Cypriot energy market through KarmCyprus, the company’s first international venture. As part of this expansion, KarmCyprus...
Misr Fertilizers Production Company (MOPCO) reported a net profit of EGP 134.93 million for the three-month period ending in September(Q1 2025/26), surpassing its targeted profit of EGP 123.39 million. However, the compa...
Qatar and the US are leading a concerted industry pushback against an EU Directive that would penalize energy firms over their lack of net-z... Source link
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