imports | Egypt Oil & Gas

Indonesia Secures UAE Commitment to Supply up to 30 Mmbbl

Indonesia has secured a commitment from the United Arab Emirates (UAE) to supply up to 30 million barrels of oil (mmbbl) amid efforts to diversify energy imports and safeguard fuel supplies against prolonged disruptio...

Europe’s LNG Imports Drop 13% to 21.52 mmt in Q3 2026

Europe’s liquefied natural gas (LNG) imports fell 13% year-on-year (YoY) to 21.52 million metric tons (mmt) during the third quarter (Q3) of 2026, down from 24.73 mmt in Q3 2025, according to a report published ...

Egypt Draws $6.7bn in Oil, Minerals FDI in FY2025/26

The Egyptian oil and mineral resources sector attracted $6.7 billion in Foreign Direct Investment (FDI) during fiscal year (FY) 2025/26, up from $6.2 billion a year earlier, according to the Central Bank of Egypt’s (C...

Europe’s Jet Fuel Imports Rise as Q4 Supply Shortfall Deepens

Europe is expected to face a jet fuel supply shortfall of around 510,000 barrels per day (bbl/d) in the fourth quarter (Q4) of 2026, despite increasing imports from distant suppliers including South Korea, according t...

Venture Global Signs 20-Year LNG Supply Deal With China Gas

Venture Global, a US liquefied natural gas (LNG) producer, has signed a new 20-year Sales and Purchase Agreement (SPA) with China Gas Holdings Limited, a major Chinese natural gas operator, for the supply of 0.5 milli...

Aster Shifts Crude Buying to Americas, Africa Amid ME Disruptions

Singapore-based Aster Chemicals and Energy has shifted part of its crude procurement toward the Americas and Africa after disruptions to Middle Eastern oil supplies caused by the ongoing Iran war, Reuters reported. Th...

US to Make Highest Middle East Crude Purchases Since Start of Iran Conflict

The United States (US) is set to import around 600,000 barrels per day (bbl/d) of crude oil from the Middle East in August, marking the highest level since the Iran war began, as a temporary reopening of the Strait of...

India’s HPCL Seeks Venezuelan Crude to Boost Heavy Oil Processing

India’s state-run Hindustan Petroleum Corp Ltd (HPCL) is planning to import Venezuelan crude oil for the first time to expand its activities in the processing of heavier grades in its new fiscal year (FY) beginning in...

India’s BPCL Secures Middle Eastern Crude Deals Amid Russian Supply Pivot

Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian Oil Marketing Company, secured one-year term deals for Iraqi and Omani crude grades as Indian refiners pivot back toward Middle Eastern suppliers to m...

Trump Threatens Tariffs on India Over Continued Russian Oil Purchases

U.S. President Donald Trump reaffirmed that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did n...

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