Egypt Clears IMF Hurdle, But Fiscal Pressures MountJuly 5, 2026 Cairo’s economic reform program has regained momentum just as it enters a critical phase. Parliament’s approval of the 2026-27 budget…
Oman Plans Ambitious Power Sector ReformsJuly 4, 2026 Oman’s power sector is undergoing a generational shift as the sultanate reorients its power mix away from gas and towards…
Gulf Oil Exports in June Led by Record UAE ShipmentsJuly 4, 2026 Gulf oil exports rose by over 3 million barrels per day (bpd) from May to over 10 million bpd in…
Iraq Approves Payment To Excelerate For LNG TerminalJuly 4, 2026 Steven Kobos, CEO of Excelerate Energy, met Prime Minister Ali al-Zaidi this week to discuss the company’s contract to build…
OPEC Oil Output Increased Significantly in June, According to a Reuters SurveyJuly 4, 2026 The Organization of the Petroleum Exporting Countries (OPEC) raised production by 3.3 million barrels per day (bpd) compared to May,…
Petchems Expansion Completed At Saudi Arabia’s Jubail |…July 3, 2026 Sipchem, one of Saudi Arabia’s most prominent listed petrochemicals companies has completed an expansion project at Jubail Industrial City, on…
Badawi Visits ENPPI Gas Project in Abu DhabiJuly 3, 2026 At the start of his official visit to Abu Dhabi, Karim Badawi, Minister of Petroleum and Mineral Resources, visited the…
Badawi, Al Jaber Discuss Expanding ADNOC Investments in EgyptJuly 3, 2026 Minister of Petroleum and Mineral Resources, Karim Badawi, met Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology and…
Genel Energy Secures Egypt Foothold with $360 Mn Capricorn TakeoverJuly 3, 2026 Genel Energy, a British oil and gas exploration and production company, is expanding into Egypt through a $360 million all-cash…