US crude oil exports surged to an all-time high of 5.6 million barrels per day (mmbbl/d) in May, as Asian and European refiners increased purchases to offset supply disruptions triggered by the war between the US and Isr...

The Middle East conflict has now reached the three-month stage, and the endgame remains as uncertain as ever. Rumors that a deal is imminent have been ever present throughout the conflict, but have grown to a crescendo t...

Russia exported 14.5 million metric tons (mmt) of liquefied natural gas (LNG) between January and May, marking an 11.5% increase compared to the same period last year, according to Reuters. The growth was driven by highe...

Karim Badawi, Minister of Petroleum and Mineral Resources, participated in the first meeting of the Developing Eight (D‑8) Organization for Economic Cooperation, which includes Egypt, Türkiye, Indonesia, Iran, Malaysi...

UK-listed Sound Energy is exiting Morocco, selling its 20% stake in the Tendrara concession to operator Mana Energy and also quitting exploration acreage. Sound had earlier sold its 55% operating stake in Tendrara to Man...

Maridive and Oil Services Company reported a 171% increase in net profit after tax in 2025  compared to 2024, to reach  $59.3 million. Revenues during the same period climbed 21% to $254.3 million. Gross profit rose 24...

Despite signing a ceasefire on 15 May, Israel significantly stepped up military strikes against targets in Lebanon this week, and carried out its first strike on the capital, Beirut, in nearly three weeks. There was also...

Eni Industrial Evolution, a subsidiary of Italian energy major Eni, has signed an agreement with FIB, a subsidiary of battery manufacturer Seri Industrial Group, to jointly develop an integrated industrial supply chain f...

Bahrain’s state energy firm Bapco Energies began 2026 gearing up for its second summer of LNG imports to fill a widening supply shortfall. Fast forward a few months, and the Middle East conflict has derailed these plan...