crude oil | Egypt Oil & Gas
Aramco Sells Eight High-Sulfur Fuel Oil Cargos for November Loading
Saudi Aramco has sold eight cargoes of high-sulfur fuel oil for November loading through a tender on a free-on-board (FOB) basis, according to Reuters. The cargoes range from 80,000 to 100,000 tons each. Five are sche...
Aramco Offers Additional Crude Oil Cargoes for Spot Delivery to Europe
Saudi Aramco has offered additional crude oil cargoes for spot delivery to Europe between late October and mid-November, as the state-owned oil producer continues to make supplies available to traders, three trade sou...
Iraq’s Oil Exports Reach 2.7 mmbbl/d, Plans Further Increases
Iraq’s crude oil exports have reached about 2.7 million barrels per day (mmbbl/d), and the Ministry of Oil is working to increase shipments through its northern and southern export outlets and boost flows throug...
Fitch Solutions: East‑West Pipeline Halt Puts Brent on Edge
In this exclusive interview, Emma Richards, Associate Director, Oil & Gas Research at BMI, Fitch Solutions outlines the far‑reaching impact of the Saudi East‑West Pipeline shutdown, assessing how the disruption co...
ADNOC Secures Iraqi Crude at Steep Discounts
Abu Dhabi National Oil Company (ADNOC) has agreed to buy up to 72 million barrels (mmbbl) of Iraqi crude for August and September at steep discounts, Reuters reported, citing Iraqi sources. ADNOC agreed to purchase 32...
Shell Ends Schwedt Refinery Stake Sale Talks with Poland’s Unimot
British oil major Shell has ended negotiations to sell its 37.5% stake in Germany’s PCK Schwedt refinery to Polish energy company Unimot, Reuters reported, citing Bloomberg News. The discussions, which began in 2023, ...
SOPC Refines1.4 mt of Crude in FY 2025/2026
Suez Oil Processing Company (SOPC) refined nearly 1.4 million tons (mt) of crude to provide mazut, asphalt, Liquefied Petroleum Gas (LPG), diesel, and gasoline, said Chairman Mohamed Shehata El-Baz during the general ...
Cabinet Approves Egyptian-Emirati Oil and Gas Free Zone in New Alamein
The Cabinet has approved the establishment of a special free zone named Fujairah Alamein Oil and Gas Company in New Alamein City, Matrouh Governorate, according to Decree No. 65 of 2026. The new free zone, which cover...
