UAE Oil Sector Stabilizes Amid Ceasefire

UAE oil production increased slightly in May, the first full month since the increasingly fragile US-Iran ceasefire was announced on 7 April (MEES, 10 April). The country’s oil sector remains highly constrained by the ...

Vaalco Adds HE‑9 Development Well Onshore Egypt

Vaalco Adds HE‑9 Development Well Onshore Egypt

US Vaalco Energy has kicked off its 2026 onshore Egyptian drilling campaign by bringing the HE‑9 development well online in early June. The well encountered 26 meters of net pay in the Asl B reservoir in the Gulf of Su...

Israel Committee To Endorse Gas Export Expansion

A high-level interministerial committee reviewing Israel’s gas sector is in the final stages of drafting its report, which is expected to be published within weeks and set the framework for the government’s gas polic...