Saudi Aramco and Iraq’s State Organization for the Marketing of Oil (SOMO) have halted selling crude oil to India’s Nayara Energy, to align with the sanctions imposed by the European Union on the refinery....
Indian Oil Corporation (IOC), the state-owned multinational oil and gas company, along with Bharat Petroleum (BPCL.NS), have secured Russian crude cargoes for delivery in September and October, marking a return to pu...
The Japanese key gas player, Tokyo Gas, ruled out that the Israel-Iran war will directly affect its liquefied natural gas (LNG) purchases as it gets its LNG neither from the UAE nor Qatar, the company’s CEO Nobu...
Oman reported a 308,422,100 barrels of oil exports by the end of December 2024, a slight drop from 310,331,200 barrels recorded in the same period last year, according to Oman news agency. The country reached total oi...
Minister of Petroleum and Mineral Resources Karim Badawi revealed that the announced incentive measures yielded positive results by the end of December 2024 by adding new petroleum products. This will contribute to sa...
European Commission President Ursula von der Leyen has suggested that the European Union may seek to replace Russian liquefied natural gas (LNG) imports with those from the United States, according to Reuters. “...
Oil imports have stabilized at $13.4 billion in fiscal year (FY) 2023/24, as a reflection of the decrease in the crude oil imports by $2.5 billion, due to the lower imported quantities. In the meantime, the imports of...
Sidi Kerir Petrochemicals Company (SIDPEC) is contracting with a consortium that consists of several parties to import liquefied ethane gas (US shale gas), according to an EGX disclosure. The deal is planned to be sea...
Egypt has exported fuel and mineral oils worth $107 million to Jordan in 2023. Meanwhile, Egypt has imported fertilizers worth $105.6 million from Jordan during the same year, according to a press release published by...
Egypt’s petroleum imports decreased by $138.1 million, during fiscal year 2022/23, according to the Central Bank of Egypt’s (CBE) Balance of Payment. This comes as a result of a decrease in crude oil impor...