Egypt will launch an offshore seismic survey using Ocean Bottom Node (OBN) technology in the Eastern Mediterranean on October...

Global energy markets are unlikely to return to pre-war conditions in 2027 as the conflict involving Iran continues to...

Egypt is seeking to accelerate oil and gas investments, develop discoveries, and increase domestic production, Karim Badawi, Minister of...

Italian energy services company Saipem and Egypt’s Modern Drilling Company (MDC) signed a memorandum of understanding (MoU) to expand...

Egypt’s Ministry of Petroleum and Mineral Resources and Chevron have initialed a financial framework agreement for the project to...

Asian oil refiners are turning to smaller tankers, securing vessels through long-term charters, and buying Middle Eastern crude on...

Italy’s energy major Eni has launched start-up activities at the Meleiha Phase 2 (MP2) project in Egypt’s Western Desert,...

Oil prices fell in early Asian trading on October 19 after US President Donald Trump waived sanctions and tariffs...

Türkiye could announce a new oil discovery at its Gabar field in southeastern Türkiye as the country steps up...

China’s diesel exports surged 262.3% year on year (YoY) to 1.85 million tons in September 2026, reaching their highest...