Leviathan Expansion FID Approved | MEESJanuary 22, 2026 After months of talks and intensive negotiations, the high profile $35bn Israel-Egypt gas export deal “has taken effect,” says NewMed…
Halliburton Delivers Strong Q4 2025 ResultsJanuary 22, 2026 Halliburton, an American oil service company, has reported a significant sequential improvement in its fourth-quarter (Q4) 2025 earnings, posting a…
Valero and Phillips 66 Secure First Venezuelan Crude CargoesJanuary 22, 2026 US Gulf Coast refiners Valero Energy and Phillips 66 have purchased Venezuelan crude oil cargoes from independent trading houses, marking…
Cronos To Bolster Egypt’s Gas Hub AmbitionsJanuary 22, 2026 Cyprus hopes to join the ranks of gas producing nations next year with the development of its 3.1tcf (gas in…
India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply PivotJanuary 22, 2026 Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian Oil Marketing Company, secured one-year term deals for Iraqi and Omani…
ENGIE Signs 10-Year Biomethane Supply Deal with PepsiCo UKJanuary 22, 2026 ENGIE, a French major player in energy transition, has signed a 10-year Biomethane Purchase Agreement (BPA) with PepsiCo UK to…
Geopolitical Volatility Overshadows Market Fundamentals…January 22, 2026 Oil markets are enduring a wild ride in early 2026, with fast-moving geopolitical developments in Iran causing sharp price reactions.…
Egypt Settles $5Bn in Oil ArrearsJanuary 21, 2026 Egypt has cleared approximately $5 billion of the arrears due to its foreign partners in the oil sector, significantly reducing…
USA Retains Clear Lead As Top Global Oil ExporterJanuary 21, 2026 The USA remained unchallenged as the world’s leading petroleum exporter last year, marking a sixth straight year at the top.…
Basra Gas Company Sees Rising LNG Exports, Plans New Project to Boost VolumesJanuary 21, 2026 Basra Gas Company (BGC) has announced a strategic expansion of its export capacity, including a new large-scale project to export…