US Imposes Maritime Blockade On IranApril 20, 2026 In a surprise move on 13 April, the US imposed a blockade on Iran and Iranian-linked vessels through its Central…
ECMR Reports 39% Rise in Revenues in FY 2024/25April 20, 2026 The Egyptian Company for Mineral Resources (ECMR) recorded a net profit of EGP 1.2 billion for the 2024/2025 fiscal year…
Media release: Coalition plan to fast-track oil and gas projects a welcome step for energy securityApril 20, 2026 Media release: Coalition plan to fast-track oil and gas projects a welcome step for energy security | Australian Energy Producers…
US Extends Russian Oil Sanctions Wavier Amid Global Energy VolatilityApril 20, 2026 The US Trump administration, on April 17, renewed a waiver allowing countries to purchase Russian oil and petroleum products already…
US Opts For Economic Pressure In Iran ConflictApril 20, 2026 The US blockade on Iranian shipments through the Strait of Hormuz is an attempt to pressure Tehran economically and induce…
Egypt Launches New Bid Round for Three Blocks Offshore Gulf of SuezApril 20, 2026 Egypt has launched a new bidding round for three offshore development blocks in the Gulf of Suez: North Shadwan-1, North…
US Brokers 10-Day Israel-Lebanon CeasefireApril 19, 2026 After six weeks of daily Israeli bombardment, Israel and Lebanon agreed to a 10-day ceasefire this week, that entered into…
EDC Revenues Surge 88.5% in 2025, Reaching $402 MillionApril 19, 2026 The Egyptian Drilling Company (EDC) recorded a net profit of $132 million in fiscal year (FY) 2025, yielding a high…
Petroleum Arrows Delivers 27% Profit Growth in 2025April 19, 2026 The Petroleum Arrows Company recorded a 27% year-on-year (YoY) increase in net profit during fiscal year (FY) 2025, driven by…
Presidential Election Shakes Up Iraqi PoliticsApril 19, 2026 Iraq’s parliament elected a new president on 11 April, triggering a 15-day countdown for the leading Shia blocs to nominate…
