Iraq Moves to Nationalize West Qurna 2 Oilfield OperationsJanuary 9, 2026 Iraq’s cabinet has endorsed the takeover of petroleum operations at the West Qurna 2 oilfield, one of the largest globally,…
bp Commits to Increase Investments in EgyptJanuary 9, 2026 UK Energy giant bp reaffirmed its commitment to boosting investments in Egypt, accelerating drilling programs, and turning discoveries into actual…
Chevron Seeks Broader US License to Boos Venezuelan oil exportsJanuary 9, 2026 US oil major Chevron is in discussions with the Trump administration to broaden a key authorization that would allow the…
ADNOC approves FID for SARB Deep Gas project in Ghasha ConcessionJanuary 9, 2026 Abu Dhabi National Oil Company (ADNOC) has reached a final investment decision (FID) for the SARB Deep Gas development, a…
Egypt, Cyprus Push Forward Gas Interconnection ProjectsJanuary 8, 2026 Minister of Petroleum and Mineral Resources Karim Badawi met with Cypriot President Nikos Christodoulides to review the latest developments in the…
Libya Achieves 15-Year High Oil Output In 2025January 8, 2026 Libya’s NOC says output of crude and condensate averaged 1.374mn b/d for 2025, celebrating a rebound after a turbulent decade…
Cyprus: New Energy Minister, Same ChallengesJanuary 8, 2026 Despite discovering gas fourteen years ago Cyprus has yet to produce a single molecule, and plans to gasify the island…
Egypt Oil & Gas Output: 2026 Offers Little HopeJanuary 7, 2026 Egypt plans to drill 101 exploration wells this year though, as is usually the case with Cairo’s grandiose announcements, details…
Dana Gas Receives $50 Million Payment from Egypt, Reducing ArrearsJanuary 7, 2026 Dana Gas, the Middle East’s largest private sector natural gas company, has received a $50 million payment from the Egyptian…
Gulf of Suez Operators Hold Workshop to Boost Drilling EfficiencyJanuary 7, 2026 Operating companies in the Gulf of Suez region held a workshop at the Gulf of Suez Petroleum Company (GUPCO) headquarters…