Kuwait Expects Durra Field Bid Rounds to Launch this YearFebruary 3, 2026 Kuwaiti Oil Minister Tariq Al-Roumi announced that bid rounds for the long-delayed Durra offshore oil and gas field are expected…
Saudi Aramco Completes $4 Bn Multi-tranche Bond SaleFebruary 3, 2026 Saudi Aramco, one of the world’s largest integrated energy and chemicals companies, has completed a $4 billion bond issuance across…
Will Trump’s Mediation Finally Resolve The Egypt-Ethiopia Dam Dispute?February 3, 2026 A US offer to mediate a long-running Nile water dispute between Ethiopia and downstream Egypt and Sudan has received mixed…
SIDPEC Reports Marginal Increase in Sales in 2025February 3, 2026 Sidi Kerir Petrochemicals Company (SIDPEC) announced a 1.84% year-on-year (YoY) increase in total sales for the fiscal year ending December…
XRG Expands Gas Portfolio With Rio Grande LNG Phase 2 St…February 3, 2026 On 26 January, XRG, the international investment arm of Adnoc, announced that it was taking a 7.6% equity stake in…
Obelisk in Egypt, Mogobe BESS Fuel Scatec’s Q4 Revenue SurgeFebruary 3, 2026 Scatec, a renewable energy company from Norway, said its revenues grew by 25% in the fourth quarter (Q4) of 2025.…
MoPMR Targets Drilling 101 Exploratory Wells in 2026February 2, 2026 Minister of Petroleum and Mineral Resources Karim Badawi announced an ambitious 2026 roadmap featuring the drilling of 101 exploratory wells…
Jordan To Supply Syria With More GasFebruary 2, 2026 Jordan has agreed to increase gas exports to Syria, as neighboring states continue to support the Sharaa government’s efforts to…
OPEC+ Eight Maintain Pause on Output IncreasesFebruary 2, 2026 Eight OPEC+ member nations agreed to maintain their pause on planned oil production increases during a virtual meeting held on…
Badawi Appoints New EGAS CEO as Abdel Hamid Moves to Senior Advisor RoleFebruary 2, 2026 Karim Badawi, the Minister of Petroleum and Mineral Resources, has appointed Sayed Ahmed Abdel Fattah Selim as Executive Managing Director…
