Chevron, Shell Near First Major Oil Deals in Venezuela After Maduro CaptureMarch 12, 2026 International oil majors, Chevron and Shell, are nearing agreements to expand oil and gas production in Venezuela, marking the first…
UAE’s Fujairah Hub Hit By Iranian Drone StrikesMarch 12, 2026 Oil tankers have been clustering offshore Fujairah ever since the US and Israel launched their military campaign against Iran on…
El-Sisi Urges Use of Advanced Drilling Technologies to Boost Oil and Gas OutputMarch 11, 2026 President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to…
Trump Announces 168,000 bbl/d Refinery Project at BrownsvilleMarch 11, 2026 US President Donald Trump revealed plans to build a new oil refinery on the southern US border, backed by India’s…
Energy Infrastructure Shut In As Israel Holds Its Breath…March 11, 2026 Israel has entered a state of emergency. Not for the first time and likely not the last. As many analysts…
G7, IEA Urge Coordinated Release of Oil Reserves Amid Rising PricesMarch 11, 2026 The International Energy Agency (IEA) has urged countries to coordinate a release of emergency oil reserves during an online meeting…
Iraq Oil Sector On The BrinkMarch 11, 2026 Iraq’s oil sector is the first domino to fall in the Middle East amid the escalating regional conflict sparked by…
Aramco Cuts Output Amid Strait of Hormuz CrisisMarch 11, 2026 Saudi Arabia’s Aramco has begun reducing production at two of its oilfields, sources said Monday, as disruptions in the Strait…
Madbouly: Global Oil Spike Forces Egypt to Adjust Fuel PricesMarch 10, 2026 Prime Minister Mostafa Madbouly said the recent fuel price increases were a preemptive step to safeguard economic activity and ensure…
Algeria Launches Hydrocarbons Investment DriveMarch 10, 2026 Algeria’s important role as an energy supplier to Europe is in focus this week as Gulf oil and gas supplies…