The Great Oil Shakeup: New Geopolitics, Old Rivalries, and the Race for Market Share – Oil & Gas Market Trends 2025: Futures Analysis & Industry InsightsJanuary 10, 2026 Geopolitical factors are heavily influencing the price of oil once again since the US troops captured President Maduro and his…
Rashpetco to Double Natural Gas Production by FY 2029/30January 10, 2026 Rashid Petroleum Company (Rashpetco) unveiled a five-year strategic plan (2025–2030), which encompasses Rashpetco and its subsidiaries: Burullus Gas Company and…
BP’s Kuwait ETSA Extended to Mid-2029January 9, 2026 BP operates in Kuwait through an enhanced technical services agreement (ETSA) to help the Kuwait Oil Company (KOC) manage development…
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…