Strait of Hormuz | Egypt Oil & Gas

Strait of Hormuz | Egypt Oil & Gas

QatarEnergy Warns: Hormuz Crisis Could Delay LNG Expansion Projects

QatarEnergy may face delays to some of its planned Liquified Natural Gas (LNG) expansion projects as the ongoing crisis around the Strait of Hormuz prevents critical equipment from reaching Qatar, Saad al-Kaabi, Q ...

Saudi Arabia Reroutes Crude Exports After East-West Pipeline Attack

Saudi Arabia is rerouting crude exports and offering additional volumes to Asian buyers through alternative shipping arrangements after drone attacks disrupted its key East-West pipeline and halted loadings at Yan ...

ADNOC Secures Iraqi Crude at Steep Discounts

Abu Dhabi National Oil Company (ADNOC) has agreed to buy up to 72 million barrels (mmbbl/s) of Iraqi crude for August and September at steep discounts, Reuters reported, citing Iraqi sources.

Iran to Announce Temporary Strait of Hormuz Shipping Lane Agreement

Iran plans to present Gulf nations with an agreement reached with Oman on a temporary shipping lane through the Strait of Hormuz on Monday, as Tehran and regional states seek to ease shipping disruptions, Bloomber ...

Saudi Arabia Shuts East-West Oil Pipeline After Drone Attack

Saudi Arabia has temporarily shut its East-West oil pipeline after a drone attack, cutting a key route the kingdom has used to bypass shipping disruptions through the Strait of Hormuz, according to Reuters.

UAE Boosts Clean Energy, Trade Routes Amid Hormuz Crisis

The United Arab Emirates (UAE) is expanding ports, pipelines, railways, and alternative trade corridors to reduce its reliance on the Strait of Hormuz and safeguard energy exports and trade amid the ongoing US-Ira ...

Strait of Hormuz Ship Traffic Remains Well Below Average Amid Ongoing Regional Tensions

Ship traffic through the Strait of Hormuz remained significantly below normal levels on August 25, with only five commodity vessels crossing the key energy chokepoint, according to preliminary data from shipping t ...

Indian Refiners, Global Energy Major Halt Use of Iran-Blacklisted Ships

Iran’s blacklist of 45 vessels has prompted at least three Indian refiners and a global energy major to avoid the ships, including for ship-to-ship transfers, amid rising security risks in the Strait of Hormuz.

Iran Authorizes Iraqi Oil Tankers to Transit Strait of Hormuz

Iran has authorized a number of Iraqi oil tankers to transit the Strait of Hormuz following repeated requests from Baghdad, as Iraq seeks to maintain crude exports amid continued disruptions and security risks in ...

Iraq-Syria Oil Pipeline Could Cost at Least $15 Bn, Take Four Years to Build

Iraq’s planned crude oil pipeline through Syria is expected to require at least $15 billion in investment and around four years to construct, providing an alternative export route to reduce the country’s reliance ...

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