Egypt, Cyprus Push Forward Gas Interconnection Projects

Egypt, Cyprus Push Forward Gas Interconnection Projects

Minister of Petroleum and Mineral Resources Karim Badawi met with Cypriot President Nikos Christodoulides to review the latest developments in the natural gas interconnection projects between the two nations to bolster ...

Libya Achieves 15-Year High Oil Output In 2025

Libya’s NOC says output of crude and condensate averaged 1.374mn b/d for 2025, celebrating a rebound after a turbulent decade and a half for the country’s lifeline oil and gas sector (MEES, 20 December 2024). While M...

Cyprus: New Energy Minister, Same Challenges

Despite discovering gas fourteen years ago Cyprus has yet to produce a single molecule, and plans to gasify the island through the import of LNG could yet be binned. New Energy Minister Michael Damianos finds an in-tray ...

Egypt Oil & Gas Output: 2026 Offers Little Hope

Egypt plans to drill 101 exploration wells this year though, as is usually the case with Cairo’s grandiose announcements, details and context are thin. This is broadly in line with 2025, when around 100 wells were dril...

Oil Markets Face Another Year of Uncertainty in 2026

Opec+ is entering 2026 with the ‘Group of Eight’ holding production quotas steady for Q1. A decision on output policy for April is likely to be made in March. The parallels with the two previous years are clear, with...

Egypt, Syria Ink MoUs for Gas, Petroelum Cooperation

Egypt, Syria Ink MoUs for Gas, Petroelum Cooperation

The Ministry of Petroleum and Mineral Resources (MoPMR) has signed two Memoranda of Understanding (MoUs) with the Syrian Ministry of Energy to supply Syria with natural gas, petroleum products, and technical expertise. T...