India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply PivotJanuary 22, 2026 Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian Oil Marketing Company, secured one-year term deals for Iraqi and Omani…
ENGIE Signs 10-Year Biomethane Supply Deal with PepsiCo UKJanuary 22, 2026 ENGIE, a French major player in energy transition, has signed a 10-year Biomethane Purchase Agreement (BPA) with PepsiCo UK to…
Geopolitical Volatility Overshadows Market Fundamentals…January 22, 2026 Oil markets are enduring a wild ride in early 2026, with fast-moving geopolitical developments in Iran causing sharp price reactions.…
Egypt Settles $5Bn in Oil ArrearsJanuary 21, 2026 Egypt has cleared approximately $5 billion of the arrears due to its foreign partners in the oil sector, significantly reducing…
USA Retains Clear Lead As Top Global Oil ExporterJanuary 21, 2026 The USA remained unchallenged as the world’s leading petroleum exporter last year, marking a sixth straight year at the top.…
Basra Gas Company Sees Rising LNG Exports, Plans New Project to Boost VolumesJanuary 21, 2026 Basra Gas Company (BGC) has announced a strategic expansion of its export capacity, including a new large-scale project to export…
Egypt, Germany Deepen Ties in Gas, Renewables and TechnologyJanuary 21, 2026 Karim Badawi, Minister of Petroleum and Mineral Resources, met with Frank Wetzel, Germany’s State Secretary at the Federal Ministry for…
Iranian Regime Weakening Even As Immediate US Threat Eas…January 21, 2026 Iran’s Islamic regime is facing an existential crisis. What began with merchants in Tehran’s famed Bazaar closing their shops at…
Investment Minister in WEF: Egypt Eyes 900 GW Solar PotentialJanuary 21, 2026 The Minister of Investment and Foreign Trade, Hassan El-Khatib, highlighted that Egypt possesses enormous potential in the field of renewable…
GUPCO Lifts Output to 65,000 bbl/d as Al Wasl-4 Comes OnstreamJanuary 20, 2026 The Gulf of Suez Petroleum Company (GUPCO) has successfully commenced production from the Al Wasl-4 development well in the North…