Agiba Petroleum’s New Discovery Adds 330 bcf of Gas, Largest in 15 YearsMay 24, 2026 Agiba Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and the Italian energy major Eni, has…
Algeria Doubles Solar Capacity With Two New PlantsMay 24, 2026 Algeria doubled its solar power capacity with this week’s commissioning of two new solar photovoltaic (PV) power plants with combined…
Chevron Starts Drilling New Well at Nargis Gas FieldMay 24, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the launch of drilling operations for a new well at the…
Asian currencies fall as crude oil bills rise! – Oil & Gas Market Trends 2025: Futures Analysis & Industry InsightsMay 23, 2026 With the crisis in the Strait of Hormuz showing no signs of a resolution, Asian currencies have fallen sharply against…
Oman Awards First 24/7 Solar Project To New State Renewa…May 23, 2026 Omani state offtaker Nama Power and Water Procurement (Nama PWP) on 17 May signed a Power Purchase Agreement (PPA) with…
SIDPEC Revenues Grow by 4.8 % in Q1 2026May 23, 2026 Sidi Kerir Petrochemicals Company (SIDPEC) reported a 4.87% increase in revenues in the first quarter (Q1) of 2026 to EGP…
AngloGold Ashanti Gross Profit from Sukari Mine Jumps 80% in Q1 2026May 12, 2026 AngloGold Ashanti’s Sukari mine in Egypt delivered gross profit of $292 million in the first quarter (Q1) of 2026, marking…
US-Iran Exchange Fire, But ‘Deal’ Speculation MountsMay 12, 2026 The US’ ‘Project Freedom’ to bring tankers trapped in the Gulf out through the Strait of Hormuz lasted barely 24…
Saudi Crude Exports to China Expected to Hit Record Low in JuneMay 12, 2026 Saudi Arabia’s crude oil exports to China are set to decline further in June, as Chinese refiners reduce demand in…
Egypt to Host African Petroleum Producers Meeting in JuneMay 11, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, has proposed hosting a high-level ministerial meeting for members of the African…