Trio of Abu Dhabi Exploration Blocks Upgraded to Product…June 19, 2025 Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA) announced on 11 June that it has awarded three production…
Five Blocks Awarded to Major Oil Companies through “Algeria Bid Round 2024”June 19, 2025 Algeria’s National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) has awarded exploration licenses of five regions, out of six,…
Egypt Blackouts Set To Return Amid Israeli Gas Field Shut…June 19, 2025 Egyptians woke on 13 June to the prospect that they could be faced with painful blackouts over the coming weeks…
Oil Supply Growth to Outpace Demand Amid Iran-Israel Tensions: IEAJune 19, 2025 The International Energy Agency (IEA) released a report on the oil market medium-term outlook, where it expected structural changes in…
ExxonMobil Egypt Renews Bab Amal Partnership, Aids 100 More FamiliesJune 18, 2025 ExxonMobil Egypt, a leading provider of high-quality lubricants and fuels with a wide network of convenience retail shops and centers,…
Adnoc Gas Awards $5bn ContractsJune 18, 2025 This week saw a landmark event for Adnoc Gas expansion plans, with the firm taking FID on the first phase…
Egypt Forges Ties in Energy Transition Summit in GreeceJune 18, 2025 Minister of Petroleum and Mineral Resources Karim Badawi attended the “Energy Transition: Eastern Mediterranean and Southeast Europe” Summit, held in…
Oil Prices Surge, LNG Supplies at Risk if Strait of Hormuz Closes: IEA ReportJune 18, 2025 The International Energy Agency (IEA) stated in a report that any disruption to transit flows in the Strait of Hormuz…
EIA Says Price-Sensitive US Crude Output In DeclineJune 18, 2025 US crude oil production has entered a period of decline warns the US Energy Information Administration (EIA) in its latest…
MoPMR, El Sewedy Electric Discuss Mining CooperationJune 18, 2025 Minister of Petroleum and Mineral Resources Karim Badawi met with Ahmed Elsewedy, CEO and Managing Director of El Sewedy Electric…