Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with Alexie Ba, Regional Director of SANY Group, a Chinese company that operates in manufacturing renewable energy equipment, to discuss and follow up on p...
Iraq’s Shia parties nominated businessman Ali al-Zaidi as their prime ministerial candidate on 27 April in a surprise move that could end the five-month political impasse since last November’s parliamentary elections...
The UAE has announced its departure from the Organization of Arab Petroleum Exporting Countries (OAPEC), Reuters reported, citing a statement from the intergovernmental alliance released on Sunday. OAPEC, founded in 1968...
On 28 April, the US Treasury alerted financial institutions of the risk of secondary sanctions when dealing with Chinese independent refiners known as teapots that have been sanctioned for buying Iranian crude oil. The a...
Venezuela’s crude oil exports rose by 14% month-on-month to around 1.23 million barrels per day (mmbbl/d) in April, marking the highest level recorded in more than seven years, according to shipping data and documents...
Prime Minister Mostafa Madbouly inspected Egypt’s offshore drilling rig Al‑Qaher‑2, which carried out operations for the Denise West‑1 exploratory well in the Eni‑bp Temsah concession in the Mediterranean. Th...
Gas flows through the 8bcm/y (775mn cfd)-capacity Greenstream pipeline linking Libya and Italy resumed on 27 April following two weeks of scheduled maintenance. Operator Mellitah Oil and Gas, a joint venture between NOC ...
The government has raised natural gas supply prices for the industrial sector, setting a minimum selling price of no less than $6.50 per million British thermal units (MMBtu) for energy-intensive industries. The measure ...
The Egyptian Sustainable Aviation Fuel Company (ESAF), a subsidiary of the Egyptian Petrochemicals Holding Company (ECHEM), has signed a technology license agreement with US Honeywell to deploy its Ecofining technology i...
Saudi Arabia’s Petro Rabigh has benefitted from the market disruption caused by the Middle East conflict, and achieved its first quarterly profit since 2Q 2022 last quarter. The integrated refinery and petrochemicals c...
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