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…
Oil Markets Face Another Year of Uncertainty in 2026January 7, 2026 Opec+ is entering 2026 with the ‘Group of Eight’ holding production quotas steady for Q1. A decision on output policy…
Egypt, Syria Ink MoUs for Gas, Petroelum CooperationJanuary 7, 2026 The Ministry of Petroleum and Mineral Resources (MoPMR) has signed two Memoranda of Understanding (MoUs) with the Syrian Ministry of…
Red Sea’s Geopolitical Chessboard Latest Global Flashpoin…January 7, 2026 The Houthis’ campaign against maritime traffic in the southern Red Sea shone a spotlight on an often overlooked but critical…
Trump Administration to Hold Talks With US Oil Firms on Reviving Venezuelan ProductionJanuary 6, 2026 The Trump administration plans to meet later this week with US oil company executives to discuss boosting natural gas and…
Venezuelan Crisis: governing a country by remote control: is it possible? – Oil & Gas Market Trends 2025: Futures Analysis & Industry InsightsJanuary 6, 2026 Following the capture of the Venezuelan president and his wife, President Trump suggested during his first press conference that the…
Baker Hughes Completes Sale of PSI Business to Crane CompanyJanuary 6, 2026 Baker Hughes, an energy technology company, announced Monday the closing of the sale of its Precision Sensors & Instrumentation (PSI)…
Egypt LNG Imports: Record 2025, More to Come in 2026January 6, 2026 Egypt LNG imports surged to a new all time high in 2025, with volumes more than tripling year-on-year to 8.92mn…