Evolving Geopolitical Landscape Pushes Oil and Gas Prices Up – Oil & Gas Market Trends 2025: Futures Analysis & Industry InsightsMay 12, 2025 www.oilfutures.co.ukAs the military standoff between India and Pakistan subsided, thanks to President Trump’s intervention, the oil markets suddenly found some…
Oman Denies Reports Of Gas Assets SaleMay 12, 2025 Oman is not planning to sell interests in natural gas fields, noted a statement issued by the Omani Ministry of…
Sabic Posts Q1 Loss In ‘Oversupplied Market’May 12, 2025 Saudi petrochemicals giant Sabic posted a first quarter loss of $320mn amid a weak market characterized by continued oversupply. This…
Aramco’s net profit fell by 4.6 % in Q1 2025May 12, 2025 Saudi oil giant Aramco reported a 4.6 % decline in its net profits during the first quarter (Q1) of 2025…
MoPMR Concludes First Cybersecurity Training for Oil Sector ProfessionalsMay 12, 2025 Egypt’s Ministry of Petroleum and Mineral Resources announced on May 6, 2025 the completion of its first accredited training program…
Oxy Steps On The Gas In OmanMay 12, 2025 American independent Occidental revealed it has made a sizeable discovery in North Oman. Speaking on the company’s 8 May first…
Petroleum Ministry Tests 870 Gasoline Samples, Finds Five Below StandardMay 11, 2025 The Ministry of Petroleum and Mineral Resources (MoPMR) has received 870 complaints regarding gasoline quality from May 4 to 9,…
Saudi Budget Deficit Swells To Largest Since 2021May 11, 2025 Saudi Arabia may have to prepare for a much higher than expected budget deficit this year, with freshly-released data from…
Chevron Eyes New Egyptian Acreage Offshore The MediterraneanMay 11, 2025 The US energy giant Chevron is currently in negotiations with the Egyptian government to expand its presence in the West…
Iraq Suffers Blackouts As Temperatures RiseMay 11, 2025 Many cities across Iraq have been suffering blackouts since late April amid a spike in temperatures across the region. Iraq…