Saudi Arabia Prioritizes Investment Despite Budget Defic…December 6, 2025 Saudi Arabia’s government this week approved an expansionary budget for 2026, in which it expects to run an annual deficit…
Kurdistan Emerges As Iraq’s Largest Electricity Supplier…December 6, 2025 Last week’s attacks on the 750mn cfd Khor Mor gas field laid bare the growing role of the Kurdistan Region…
Badawi, AngloGold Discuss Expanding investment, Training CooperationDecember 6, 2025 During an official visit to London as the head of the Egypt‑UK business mission for mining, Minister of Petroleum and…
Turkey Extends Russian Natural Gas Contracts for One Year, Plans US Upstream InvestmentsDecember 5, 2025 Turkey finalized a one-year extension of two natural gas import contracts with Russia’s Gazprom totaling 22 billion cubic meters (bcm),…
Infinity Power to Build 200 MW Wind Farm in Ras GharebDecember 5, 2025 Infinity Power, Africa’s largest renewable energy company, signed an Engineering, Procurement, and Construction (EPC) contract with POWERCHINA Huadong Engineering Corporation…
ESAF Aquires Egypt’s First License to Produce Aviation FuelDecember 5, 2025 Egypt awarded its first Sustainable Aviation Fuel (SAF) production license to the Egyptian Sustainable Aviation Fuel Company (ESAF), a subsidiary…
EGPC Signs $30mm Oil Exploration, Production Deal with CheironDecember 5, 2025 Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East…
Iran Targets West Karun For Oil GainsDecember 4, 2025 Iran is on course for a fifth consecutive annual increase in oil production, albeit a marginal increase, despite the return…
ExxonMobil to Shut Singapore Steam Cracker by June 2026December 4, 2025 ExxonMobil plans to permanently shut down the older of its two steam crackers on Singapore’s Jurong Island, with closure beginning…
Energean Seeking East Mediterranean Collaboration & Inter…December 4, 2025 Q: Energean has a strong East Mediterranean footprint with producing assets in Israel and Egypt. The key asset is the…