Global Oil Stocks Fall at Fastest Pace in Eight Years: Goldman SachsMay 6, 2026 Global oil stocks are shrinking at a pace not seen in nearly eight years, with Goldman Sachs warning on May…
Project Freedom: the UAE under attack for second consecutive day! – Oil & Gas Market Trends 2025: Futures Analysis & Industry InsightsMay 6, 2026 The geopolitical situation in the Persian Gulf has reached a fever pitch following President Trump’s sudden launch of Project Freedom,…
The UAE And Opec: 59 And OutMay 5, 2026 The radical reshaping of global energy markets gathered pace this week, with the UAE exiting Opec on 1 May. The…
Eni Restarts Oil Lifting from Venezuela to Recover Gas-Related DeptsMay 5, 2026 Eni resumed receiving Venezuelan crude shipments in April as a form of payment for natural gas produced in the country,…
Rashpetco Exceeds H2 2025 Production TargetMay 5, 2026 Rashid Petroleum Company (Rashpetco) exceeded its production plan by 4% during the second half (H2) of 2025, although the specific…
Middle East Remains ‘Core’ To BP Despite Rising Risks |…May 5, 2026 In BP’s first results call since the start of the Iran War on 28 February, newly appointed CEO Meg O’Neill…
Ganope Extends Red Sea Bid Round Deadline to June 29May 5, 2026 The South Valley Egyptian Petroleum Holding Company (Ganope) has announced an extension of the closing date for the Red Sea…
Esmat Advances Local Wind Turbine Manufacturing PlansMay 5, 2026 Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Alexie Ba, Regional Director of SANY Group, a Chinese company…
Iraq’s PM-Designate Secures US BackingMay 5, 2026 Iraq’s Shia parties nominated businessman Ali al-Zaidi as their prime ministerial candidate on 27 April in a surprise move that…
UAE Exits OAPEC After Leaving OPEC and OPEC+May 4, 2026 The UAE has announced its departure from the Organization of Arab Petroleum Exporting Countries (OAPEC), Reuters reported, citing a statement…