TAQA Arabia Net Profit Jumps 50% to EGP 1 Bn in 2025March 4, 2026 TAQA Arabia, Egypt’s leading private-sector energy distribution group, recorded a 50% year-on-year (YoY) increase in net profit for the fiscal year…
$150 Oil Possible if Hormuz Remains Shut, Says Wood MackenzieMarch 4, 2026 The escalation of conflict in the Middle East following US and Israeli strikes on Iran has placed global energy markets…
Libya Announces New Oil AdditionsMarch 4, 2026 As Libya ramps up drilling activity to boost oil output to 2mn b/d by end-2026, NOC has announced a raft…
Badawi, Chevron Advance Talks on Aphrodite Gas PipelineMarch 4, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, met with Basil Allam, Country Manager of Chevron Cyprus, via video conference…
Israel To Launch Bid Round Despite Iran Conflict Risk |…March 4, 2026 Israel’s energy ministry announced on 25 February that it would launch its fifth offshore licensing round (OBR5) in the coming…
US-Iran Hostilities Disrupt Supertanker Costs to Surpass $423,000 Per DayMarch 3, 2026 Global oil and gas transport costs have surged sharply, with supertanker rates in the Middle East climbing to unprecedented levels…
Saudi Crude Exports Increase Amid Elevated Regional Risks…March 3, 2026 Saudi crude oil exports have increased sharply this month, preliminary data from Kpler shows. Exports are on course to average…
QatarEnergy Suspends LNG Output Following Strikes on Industrial SitesMarch 3, 2026 QatarEnergy has halted production of liquefied natural gas (LNG) and related products after military attacks targeted its operational facilities in…
Valmore Holding Revenues Grow 24% YoY in 2025March 3, 2026 Valmore Holding, previously known as Egypt Kuwait Holding, reported its financial results for the fiscal year (FY) 2025, with revenues…
Middle East Crude Futures Markets Gain Global Traction |…March 3, 2026 1: GME Oman Front Month Trading Volumes, Physical Deliveries Dropped in 2025 (Mn bbls) 2: IFAD Murban Volumes Soared In…