UAE secured 41.5% of Japan’s crude oil needs in November

Oil remains the most significant energy source in Japan, accounting for about 40% of the country’s total energy supply

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OQ, SABIC and KPI sign pact to set up world-scale petrochemical complex in Duqm

Omani global integrated energy company OQ, Saudi chemicals giant SABIC and Kuwait Petroleum International (KPI) have signed a project development agreement for a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD).

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Dangote, other African refineries require 1.7m bpd of crude oil

As the push from fossil fuels continues in the developed countries with reduced buyers for Nigeria and other African crude, there are indications that Dangote Refinery and about ten others across Africa may, from next year, will provide an immediate market for African crude oil.

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Oman inks deal for two new LNG carriers worth over $500mln

The vessels are slated for delivery by mid-2026

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Eni chalks up another Cyprus gas find

Between two and three trillion cubic feet (Tcf) of natural gas has been uncovered in exploratory drilling in block six of Cyprus exclusive economic zone (EEZ), the energy ministry announced on Wednesday.

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Jordanian, Iraqi, Egyptian agreements regarding solar energy, oil pipeline

The final communique of the Baghdad conference in its second round: Iraq security is a pillar of regional stability.

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Libya Invites Oil Majors To Produce More Oil And Gas

Given the fragile supply-demand balance in the global energy market and the toxic inflation-interest rate mix with which many developed economies have been struggling, news of additional oil and gas supplies is welcome.

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TotalEnergies to start drilling in Lebanon next year

TotalEnergies is working towards developing its new Lebanon Block 9 offshore gas project from next year.

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