Hormuz Crisis Complicates Gulf States’ Summer Electricity…June 7, 2026 Across the Middle East, countries rely to varying degrees on gas for power generation, with demand increasing substantially in the…
Israel Commits To Battery Storage CapacityJune 7, 2026 Israel Key Combined Solar & Storage Capacity 1: Israel Installed Capacity (GW): Renewables Rise 20% To 8.2GW At End-2025 2:…
Jeddah Emerges As Saudi Arabia’s Primary Hub For Seaborn…June 6, 2026 The ongoing Hormuz crisis has attracted widespread international attention due to its impact on the Middle East’s exports of crude…
Egypt Cabinet Imposes VAT on Natural Gas, No Impact on HouseholdsJune 6, 2026 The Egyptian Cabinet approved a draft law that cancelled the exemption of natural gas from the value-added tax (VAT), making…
Libya Oil Revenues Hit Decade-High $3.76bnJune 6, 2026 The Hormuz crisis is generating revenue windfalls for those producers outside of the Gulf able to capitalize in full on…
EGAS, Chevron Set September Deadline on Aphrodite Gas DealJune 6, 2026 Egypt and Cyprus are moving closer to finalising the technical and commercial agreements to connect Cyprus’s Aphrodite offshore natural gas field…
Badawi, Global Mining Executives Discuss Gold Investment OpportunitiesJune 5, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, met senior executives from leading international mining companies to explore new investment…
BP Weighs UK North Sea Asset Divestment in $2.69 Billion DealJune 5, 2026 British Petroleum (bp) is in talks with Ithaca Energy, a North Sea oil and gas operator and producer, regarding the…
Egypt, UAE’s Al Nowais Ink 1,500 MWh Battery Storage DealJune 5, 2026 Mahmoud Esmat, Minister of Electricity and Renewable Energy, witnessed the signing of two agreements to establish separate Battery Energy Storage…
Chevron & Eni Prepare For Crucial Egypt Appraisal Wells…June 4, 2026 Can Egypt translate renewed offshore Mediterranean drilling into tangible gas output gains over the next 18 months? Cairo certainly hopes…
