Kuwait Pushes Back Pipeline Bid Deadline Amid War ConflictApril 29, 2026 Kuwait Petroleum company (KPC), a state- owned oil company, has extended the deadline for preliminary bids on its crude oil…
Badawi Outlines Egypt’s Strategy for Mining Value Creation at OECD ForumApril 29, 2026 Minister of Petroleum and Mineral Resources, Karim Badawi, represented Egypt and delivered a keynote address at the opening of the…
Crude Divorce: UAE Quits OPEC Amid Geopolitical Firestorm – Oil & Gas Market Trends 2025: Futures Analysis & Industry InsightsApril 29, 2026 The Organization of the Petroleum Exporting Countries (OPEC), founded in 1960 by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela, faced…
UAE Exits OPEC, OPEC+ Amid Oil ShockApril 28, 2026 The UAE announced on April 28 that it is withdrawing from both OPEC and OPEC+, a major setback for the…
US Extends Ceasefire As Talks Stall And Hormuz Tensions…April 28, 2026 With the ceasefire deadline approaching, US President Donald Trump announced an indefinite extension on the evening of 22 April, stepping…
Egypt, Türkiye Talk Mining CooperationApril 28, 2026 Egypt and Türkiye are set to strengthen mining sector cooperation. Karim Badawi, Minister of Petroleum and Mineral Resources, met Alparslan…
Goldman Sachs Lifts Q4 Oil Price Outlook Amid Middle East Supply DisruptionsApril 28, 2026 Goldman Sachs has increased its oil price projections for the fourth quarter (Q4), attributing the revision to reduced Middle East…
Hormuz Crisis Revives Basra-Ceyhan Pipeline PushApril 28, 2026 The closure of the Strait of Hormuz has reinforced the importance of the Iraq-Turkey Pipeline, now Iraq’s only functioning export…
Madbouly Urges Solar Shift for Homes, IndustryApril 28, 2026 Prime Minister Mostafa Madbouly urged the government to launch an initiative to incentivize factories and households to transition to solar…