bp’s RC Profits Records $2.2bn in Q3 2025November 4, 2025 bp, the leading energy giant, announced that its underlying replacement cost profit (RC profit) recorded $2.2 billion in the third…
Algeria Hails ‘New Dynamic’ For Hydrocarbons, Replaces S…November 4, 2025 Algeria’s oil minister, Mohamed Arkab, has sacked Rachid Hachichi as head of state firm Sonatrach only two years after he…
Badawi Accelerates E&P Projects, Strengthens IOC Ties at ADIPEC 2025November 4, 2025 Karim Badawi, Minister of Petroleum and Mineral Resources, met with senior officials and CEOs of leading international energy companies (IOCs)…
Eni, PETRONAS Form Southeast Asia Upstream Venture, Targeting $15 Bn InvestmentNovember 4, 2025 Eni and PETRONAS have signed a binding agreement to create a new joint venture (JV) company, NewCo, which will combine…
Kuwait Sells Prompt Crude Cargoes Following Al Zour Fire…November 4, 2025 A fire at Kuwait’s 615,000 b/d Al Zour refinery has forced state petroleum firm KPC to offer prompt crude cargoes…
bp Sells Minority Stakes in US Midstream Assets to Sixth Street for $1.5 BillionNovember 4, 2025 bp has reached an agreement with Sixth Street-managed funds for the sale of non-controlling interests in its Permian and Eagle…
Iran: Bizarre AIS Activity As Exports Remain StrongNovember 3, 2025 Despite the intensification of US sanctions and regional tensions spilling over into a brief (but intense) conflict with Israel earlier…
Badawi Highlights Egypt’s Expanding Role as Regional Energy Hub at ADIPEC 2025November 3, 2025 Karim Badawi, Minister of Petroleum and Mineral Resources, stated that Egypt is working on strengthening its status as a regional…
TotalEnergies Posts Earnings of $10.3 billion in Q3 2025November 3, 2025 TotalEnergies announced adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $10.3 billion in the third quarter (Q3) of…
Lebanon Approves Cyprus Maritime Border, Syria NextNovember 3, 2025 As Lebanon seeks to re-engage internationally and attract much needed foreign investment, its new government is optimistically turning to its…