Adnoc Gas Awards $5bn Contracts

This week saw a landmark event for Adnoc Gas expansion plans, with the firm taking FID on the first phase of its $5bn Rich Gas Development (RGD). RGD will increase Adnoc Gas’ processing capacity by 1.5bn cfd, and the f...

Egypt Forges Ties in Energy Transition Summit in Greece

Egypt Forges Ties in Energy Transition Summit in Greece

Minister of Petroleum and Mineral Resources Karim Badawi attended the “Energy Transition: Eastern Mediterranean and Southeast Europe” Summit, held in the Greek capital Athens on June 17–18, 2025. Badawi participate...

EIA Says Price-Sensitive US Crude Output In Decline

US crude oil production has entered a period of decline warns the US Energy Information Administration (EIA) in its latest Short Term Energy Outlook (STEO). The EIA is the latest entity to ring the alarm bell over the US...

MoPMR, El Sewedy Electric Discuss Mining Cooperation

MoPMR, El Sewedy Electric Discuss Mining Cooperation

Minister of Petroleum and Mineral Resources Karim Badawi met with Ahmed Elsewedy, CEO and Managing Director of El Sewedy Electric Company, along with his accompanying delegation. The meeting discussed ways to enhance joi...

Israel Strikes Iranian Nuclear, Military Sites

Israeli military strikes against Iran’s nuclear program have long been held up as a worst-case scenario for geopolitical risk in the Middle East, and on 13 June that scenario materialized as Israeli military jets struc...

TotalEnergies Acquires PETRONAS’s Blocks Shares

TotalEnergies Acquires PETRONAS’s Blocks Shares

TotalEnergies acquired PETRONAS interests in multiple blocks offshore Malaysia and in one block offshore Indonesia. The blocks are still under operations of exploration, appraisal and development programs. According to t...