Russia will reroute crude oil volumes originating from Kazakhstan that had been destined for Germany through the Druzhba pipeline to alternative export channels beginning May 1, Reuters reported, citing the Russian Deput...

Oman’s energy ministry has announced a new bid round comprising five exploration blocks as part of its renewed push to attract international investment in its upstream. Four of the blocks were created by splitting up t...

On 13 April, Omani upstream firm Masar Petroleum (previously Hydrocarbon Finder) announced a “landmark” discovery in Block 7 (see map). According to the firm a successful exploration well has validated “the concept...

Badr Eldin Petroleum Company (Bapetco), a joint venture (JV) between Shell and the Egyptian General Petroleum Corporation (EGPC), have implemented an updated drilling system and well design in BED 16-33 well in Westen De...

The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held a meeting to review measures for accelerating production and securing domestic energy supplies. During the meeting, conducted via Video con...

Saudi Arabia announced on 12 April the completion of repairs on the vital 7mn b/d East-West crude oil pipeline to Yanbu, enabling it to again operate at full capacity. The repairs were on a pumping station damaged by an ...

Oilfield services giant Halliburton recorded a net income of $461 million, or $0.55 per diluted share, for the first quarter (Q1) of 2026, more than doubling the $204 million reported in Q1 2025, the company announced on...

The US-Iran conflict entered a new phase after Washington imposed a maritime blockade on Iran from 13 April (MEES, 17 April). The move is intended to pressure Iran – both directly and via China, the dominant buyer of I...