Saudi Turns To Fuel Oil Imports Amid Hormuz ClosureMay 10, 2026 Saudi Arabia is loading up on imported fuel oil ahead of a summer in which the Middle East conflict and…
Shell Posts $6.9 Bn Adjusted Earnings in Q1 2026May 10, 2026 Shell reported $6.9 billion in adjusted earnings for the first quarter (Q1) of 2026, a significant increase from $3.3 billion…
Iraq Announces New Oil Discovery at Al-Qarnain BlockMay 10, 2026 Iraq announced the discovery of a new oil field in Najaf province, close to the Saudi border in the country’s…
Masdar Takes The Lead In Abu Dhabi’s Renewable DriveMay 10, 2026 A framework agreement signed this week between Abu Dhabi renewables investor Masdar and the Emirates Water and Electricity Authority (Ewec)…
Billion Dollar Deals For Abu Dhabi’s Ta’ziz Chemicals Zo…May 10, 2026 Adnoc and its partners at the Ta’ziz Industrial Chemicals Zone unveiled billions of dollars’ worth of deals during the Make…
Egypt Imposes Levy On Nitrogen Fertilizer ExportsMay 9, 2026 Egypt has imposed a $90/ton three-month levy on nitrogen fertilizer exports to take advantage of soaring global prices. A decree…
Libya’s Oil Revenues Surge Thanks To Gulf TurmoilMay 9, 2026 Libya’s monthly oil revenues nearly tripled in April as the country begins to reap the benefits of the oil price…
TGS to Rehabilitate Lebanese Natural Gas NetworkMay 8, 2026 Egypt’s Technical Gas Services Company (TGS) has secured a contract to repair and rehabilitate Lebanon’s natural gas infrastructure, marking a…
Egypt, bp, Harbour Sign Deal to Boost Mediterranean OutputMay 8, 2026 The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have signed a Heads of Agreement…
Egypt Gas Records 20% Surge in 2025 RevenuesMay 8, 2026 Egypt Gas recorded a net profit after tax of EGP 321.8 million in 2025, marking 11% increase from 2024. This…