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...
European Union (EU) companies will be prohibited from trading or marketing Russian liquefied natural gas (LNG) from 2027, regardless of whether the cargoes are destined for the EU or third countries, according to Reut...
Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), has paid a field visit at El Hamra Petroleum Port in the New Alamein City to inspect the ongoing development and expansion works. Following the...
bp, the British oil giant , posted higher expectations for upstream production during Q2 2025 compared to Q1 2025. The company projects higher oil production and operations primarily in bpx Energy, while slightly hig...
The Chinese liquefied natural (LNG) gas importers are seeking to add trading desks in London and Singapore to better manage their growing and diversified supply portfolios in the increasingly volatile global market, R...
According to documents and four people with knowledge of the decision, Maroil Trading, owned by shipping magnate Wilmer Ruperti, has taken over sales of nearly all of Venezuela’s petroleum coke exports, a move t...
Shares in Equinor ASA (OSE: EQNR, NYSE: EQNR) have been sold by a primary insider: Per Martin Labråten, a board member at Equinor ASA, has sold 2,300 Equinor shares on 1 August 2022 for NOK 367.20 per share. The attac...
Guyana has granted Saudi Arabian Oil Company, known as Aramco, a one-year contract to market the government’s share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters...
The Abu Dhabi National Oil Company (ADNOC) along with the Intercontinental Exchange (ICE) have celebrated the start of trading UAE’s Murban oil as Futures contract on the new ICE Futures Abu Dhabi (IFAD) commodities e...
The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), which is a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15%,...