Saudi Arabia’s crude oil exports averaged 5.52 million barrels per day (mmbbl/d) from October 1-25, putting shipments on track to reach their second-highest monthly level since the outbreak of the Iran war, despite es...
Saudi Arabia plans to store crude oil in Singapore’s Jurong Rock Caverns from the second half of 2027 to strengthen regional supply security and enhance the resilience of its crude oil supply chain, according to state...
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...
Oil production by members of the Organization of the Petroleum Exporting Countries (OPEC) increased by 1.78 million barrels per day (mmbbl/d) month on month (MoM) to 21.49 mmbbl/d in September 2026, driven by increase...
Elsewedy Electric, Egyptian integrated energy solution company, has announced that its joint venture (JV) with Chinese Sinohydro has secured a $2.2 bn engineering, procurement, and construction (EPC) contract for the ...
Egypt and Saudi Arabia are set to inaugurate their 3,000‑megawatt electricity interconnection project in the coming weeks, following the completion of trial operations for its second phase, Egyptian Electricity Minist...
Saudi Arabia aims to increase its oil pipeline capacity to 10 million barrels per day (mmbbl/d) over the next two to three years through several initiatives, including upgrades to pumping stations along the East-West ...
Addressing the opening ministerial session of the World Petroleum Congress (WPC) in Riyadh, Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi said the country is prioritizing energy security by attracti...
Egypt and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen cooperation in oil, natural gas , and petrochemicals and expand trade in petroleum products, according to a statement by Egypt’s Min...
Saudi Arabia and the United Arab Emirates (UAE) have increased crude oil exports as shipments through the Strait of Hormuz recover, with both countries seeking to regain market share lost during the Iran war, accordin...