IEA: Iran-Related Energy Crisis Will Accelerate Global ElectrificationJune 24, 2026 The ongoing Iran-related energy crisis is expected to drive global electrification efforts, as countries seek to enhance domestic energy security…
Race Between Falling Inventories And Hormu…June 24, 2026 The 17 June signing of the memorandum of understanding (MoU) to end the US-Iran conflict has fired the starting gun…
Russia’s Seaborne Fuel Oil, VGO Exports Decline 6% in May Amid Ukraine StrikesJune 24, 2026 Russia’s seaborne exports of fuel oil and vacuum gasoil (VGO) declined by around 6% month-on-month (MoM) in May to 3.2…
Dana Gas Egyptian Output Increases by 30,000 boe/dJune 23, 2026 Dana Gas, the Middle East’s largest regional private natural gas company, revealed drilling results across its Nile Delta concessions, with…
US-Iran MoU Brings War To An EndJune 23, 2026 After nearly four months of conflict and a historic energy supply shock that threatened a global recession, the US and…
Norway’s Scatec to Invest $5 Bn in Egypt Over Next Two YearsJune 23, 2026 Norwegian renewable energy company Scatec plans to invest up to $5 billion in Egypt over the next two years across…
US-Iran Conflict Over, What Comes Next?June 23, 2026 The US-Israeli war against Iran that was launched on 28 February and wreaked havoc across the Middle East appears to…
Libya’s Oil Output Nears 1.5 mmbbl/d, Highest Since 2013June 23, 2026 Libya’s oil production is approaching the 1.5 million barrels per day (mmbbl/d) milestone, according to the National Oil Corporation (NOC),…
Iraq Launches First Northern Exploration Well Since 1978, Targets 4.3 MMbbl/dJune 23, 2026 Iraq’s Ministry of Oil has launched drilling operations for a new exploratory well in the northern provinces, marking the first…
The UAE’s Hormuz Divorce PlanJune 22, 2026 The UAE’s economic model has been based on the unrestricted flow of goods in and out of the Strait of…
