Global Supply Shocks Drive Record US Crude ExportsJune 3, 2026 US crude oil exports surged to an all-time high of 5.6 million barrels per day (mmbbl/d) in May, as Asian…
Deal Rumors Swirl As Middle East Conflict Hits Three-Mont…June 3, 2026 The Middle East conflict has now reached the three-month stage, and the endgame remains as uncertain as ever. Rumors that…
Russia Raises LNG Exports by 11.5% in First Five Months of 2026June 3, 2026 Russia exported 14.5 million metric tons (mmt) of liquefied natural gas (LNG) between January and May, marking an 11.5% increase…
Badawi Pushes for Regional Integration at D-8 Organization MeetingJune 2, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, participated in the first meeting of the Developing Eight (D‑8) Organization for…
Sound Energy Exits Morocco | MEESJune 2, 2026 UK-listed Sound Energy is exiting Morocco, selling its 20% stake in the Tendrara concession to operator Mana Energy and also…
Maridive Net Profit Grows 171% in 2025June 2, 2026 Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025 compared to 2024, to…
Israel Intensifies Attacks On LebanonJune 2, 2026 Despite signing a ceasefire on 15 May, Israel significantly stepped up military strikes against targets in Lebanon this week, and…
IMF, WTO, World Bank, IEA Flag Rising Energy Risks From Middle East WarJune 2, 2026 The heads of the International Monetary Fund (IMF), World Bank Group (WBG), World Trade Organization (WTO), and International Energy Agency…
Eni, Seri Industrial Develop Lithium Iron Phosphate Battery Supply Chain in ItalyJune 2, 2026 Eni Industrial Evolution, a subsidiary of Italian energy major Eni, has signed an agreement with FIB, a subsidiary of battery…
Bahrain Scraps Summer LNG Import PlansJune 1, 2026 Bahrain’s state energy firm Bapco Energies began 2026 gearing up for its second summer of LNG imports to fill a…