Third Iran-Linked Tanker Records Transit Through Strait of HormuzApril 15, 2026 Shipping data recorded on April 14 showed that a third Iran-linked tanker was transiting the Strait of Hormuz on the…
Historic Opec Output Decline On Hormuz ClosureApril 15, 2026 Opec’s monthly crude oil production fell by a massive 7.50mn b/d in March, the largest decline in its history. The…
Badawi Urges Tanmia to Expand Role in Early Production FacilitiesApril 15, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, underscored the importance of maximising the capabilities of Tanmia Petroleum Company in…
Iran Strikes Damage Multiple Saudi Energy Installations…April 14, 2026 Iran carried out multiple strikes on key energy assets in Saudi Arabia this week, causing a 700,000 b/d drop in…
bp Sees Stable Upstream Output, Strong Trading Boost in Q1 2026April 14, 2026 bp reported that upstream production in the first quarter (Q1) of 2026 is expected to remain broadly stable compared with…
ANOPC Diesel Complex Nears Completion, Trial Run by End‑2026April 14, 2026 Assiut National Oil Processing Company (ANOPC) reported that the construction work in its diesel production complex is almost 88% complete,…
Oil Market Faces Prospect of Slow Recovery After Ceasefi…April 14, 2026 Oil markets responded swiftly to the 7 April announcement of a ceasefire between the US and Iran, with Brent futures…
Iran Tightens Grip On Hormuz Chokepoint Despite Ceasefire…April 14, 2026 The US and Iran on 7 April agreed to a two-week ceasefire deal, under which the Strait of Hormuz was…
US, Iran To Hold Islamabad Peace TalksApril 13, 2026 The fragile US-Iran ceasefire appears to be broadly holding, despite Iran’s continued control over the Strait of Hormuz and contradictory…
Elsharkawi: Baker Hughes, MoPMR Partner to Launch Subsurface Gas Storage ProjectsApril 13, 2026 Baker Hughes is accelerating its strategic involvement in underground natural gas storage projects in collaboration with the Ministry of Petroleum…