Saudi’s Summer Production Increases Pay DividendsDecember 2, 2025 Entering the final stretch of the year, Saudi Arabia can look back at how the summer played out with satisfaction.…
PETROJET wins $273mm EPC contract for Oman gas pipelineDecember 2, 2025 Petroleum Projects and Technical Consultations Company (PETROJET) has secured a $273 million Engineering, Erocurement, and Construction (EPC) contract to deliver…
Cabinet Affirms Commitment to Strategic Petroleum Reserves, Timely Payments to IOCsDecember 2, 2025 Prime Minister Mostafa Madbouly held a meeting to review the availability of petroleum products’ strategic reserves and the regularity of…
Adnoc Keeps Annual Capex At $30bn Out To 2030December 2, 2025 Adnoc’s Board of Directors this week approved the state energy company’s new five-year business plan for 2026-2030. The board meeting…
Egypt Targets 10mt/y of Green Hydrogen with New Investment PushDecember 2, 2025 Egypt is currently developing investment incentive packages that aim to increase the country’s share of the global green Hydrogen market…
Sonatrach, Sinopec Plan Algeria Gasoline BoostDecember 2, 2025 Algeria’s refining sector has been stuck in second gear for the last decade or more, with installed capacity of 677,000…
Badawi Affirms Egypt’s Leadership in Energy Transition at Oman Hydrogen SummitDecember 1, 2025 On the sidelines of the Oman Green Hydrogen Summit 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, held a…
Equinor, Shell Complete UK North Sea Joint Venture AduraDecember 1, 2025 Equinor and Shell have officially completed a transaction to combine their United Kingdom (UK) offshore oil and natural gas operations…
IHC’S Lukoil Interest Showcases Global Energy Ambitions…December 1, 2025 Abu Dhabi’s International Holding Company (IHC) is bidding to acquire some of Russian oil company Lukoil’s international assets. Lukoil has…
Rosneft’s Net Income Drops 70% in 9M 2025December 1, 2025 Russian oil company Rosneft reported a 70.1% decline in net income during the first nine months of 2025, falling to…