Karim Badawi, Minister of Petroleum and Mineral Resources, underscored the importance of maximising the capabilities of Tanmia Petroleum Company in implementing Early Production Facilities (EPFs) to accelerate the additi...

Iran carried out multiple strikes on key energy assets in Saudi Arabia this week, causing a 700,000 b/d drop in throughput on the key East-West pipeline supplying crude oil to the Red Sea port of Yanbu. Strikes on two ma...

bp reported that upstream production in the first quarter (Q1) of 2026 is expected to remain broadly stable compared with the fourth quarter (Q4) of 2025, at 2.344 million barrels of oil equivalent per day (mmboe/d). Wit...

Oil markets responded swiftly to the 7 April announcement of a ceasefire between the US and Iran, with Brent futures prices dropping by $14.52/B to $94.75/B on 8 April. The scale of the price decline appears excessive as...

The US and Iran on 7 April agreed to a two-week ceasefire deal, under which the Strait of Hormuz was theoretically to reopen unconditionally. In reality, little has changed with ships still largely unable to sail through...

The fragile US-Iran ceasefire appears to be broadly holding, despite Iran’s continued control over the Strait of Hormuz and contradictory statements from both sides over its terms. That talks in Islamabad, Pakistan, ar...

Baker Hughes is accelerating its strategic involvement in underground natural gas storage projects in collaboration with the Ministry of Petroleum and Mineral Resources (MoPMR), according to Amro Ismail Elsharkawi, the c...

The Egyptian Maintenance Company (EMC) reported exceptional operational and financial results in 2025, with revenues rising by 31% to EGP 16.7 billion, while new contracts increased by 27% to EGP 19.6 billion, according ...