US | Egypt Oil & Gas

US | Egypt Oil & Gas

US Warns of Possible Exit from IEA Over Climate Policy Disputes

The US could withdraw from the International Energy Agency (IEA) if the organization fails to align with Washington’s priorities on climate policy, US Energy Secretary Chris Wright said on September 23.
Spea ...

Trump Supports US Diesel Export Ban as Prices Hit Records

US President Donald Trump supports a ban on diesel exports as fuel prices reach record highs to curb the rising costs of energy, Reuters reported.

Trump said the US should keep more of its diesel domestical ...

Baker Hughes Ranks First in Energy Category of 100 Best Corporate Citizens

Baker Hughes ranked first in the energy sector and 37th overall in the 2026 100 Best Corporate Citizens ranking, highlighting its performance in sustainability, transparency, emissions reduction, and community eng ...

Egypt’s US LNG Imports Surge 236% YoY to Record 86 bcf in June

Egypt’s liquefied natural gas (LNG) imports from the United States (US) reached a record high of 86.05 billion cubic feet (bcf) in June 2026, surging 236 % year-on-year (YoY) as Cairo expanded spot-market purchas ...

US Proposes $5 Bn Fund to Rebuild Energy Sites Damaged in War

The administration of US President Donald Trump proposed investing $5 billion in a new fund to rebuild energy infrastructure in the Middle East following a war with Iran, Reuters reported citing a report from Wall ...

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, accordi ...

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

Venture Global will supply China Gas with 0.5 MTPA of US LNG under a 20-year agreement starting in 2030.

ExxonMobil: US to Capture 30% of Global LNG Market by 2030

The United States (US) could account for around 30% of the global liquefied natural gas (LNG) market by 2030, as expanding natural gas production supports higher exports, according to Peter Clarke, Senior Vice Pre ...

QatarEnergy Explores US LNG Deals to Offset Production Losses

QatarEnergy is negotiating long-term LNG supply agreements with US producers to offset production losses at its Ras Laffan facilities, with potential deals covering up to 3 million tons annually through 2031.

US Gas Output and Demand Set for Record Highs in 2026–27

US natural gas production and domestic demand are expected to hit record levels in 2026 and 2027, while LNG exports are also forecast to rise, according to the EIA.

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