1+ day, 2+ hour ago   (686+ words) The global oil market faces fresh uncertainty after the temporary shutdown of Saudi Arabia’s East‑West pipeline (Petroline) on September 10, following a series of drone strikes. The disruption has raised concerns over the kingdom’s crude exports and the outlook for…...

5+ day, 3+ hour ago   (198+ words) China’s oil demand is expected to fall by 600,000 barrels per day(bbl/d), or 8.9%, in 2026, marking the third consecutive annual decline, according to China Petroleum & Chemical Corporation (Sinopec)’s research arm. The drop reflects weaker gasoline and diesel consumption and…...

5+ day, 5+ hour ago   (349+ words) The Minister of Petroleum and Mineral Resources Karim Badawi said Egypt has successfully secured natural gas supplies during the peak electricity consumption period for the second consecutive year, ensuring stable deliveries to power plants and industrial facilities. Badawi made the…...

5+ day, 8+ hour ago   (203+ words) North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operational, asset enhancement, and facilities development investments during the fiscal year (FY) 2025/26. The…...

6+ day, 58+ min ago   (231+ words) Shell Lubricants Egypt has partnered with TAQA Petroleum to make its lubricants and coolants available across TAQA Petroleum service stations, expanding access to the products for motorists across Egypt, according to Shell’s statement. The partnership will cover Shell Helix for…...

1+ week, 2+ hour ago   (255+ words) Karim Badawi, Minister of Petroleum and Mineral Resources, said raising the utilization rate of Egypt’s refineries from 66% to 80% will increase reliance on locally refined petroleum products and help reduce the country’s fuel import bill. Badawi made the remarks during Cairo…...

1+ week, 5+ hour ago   (305+ words) Misr Petroleum generated more than EGP 230 billion in revenues and sold over 8 million tons (mmt) of petroleum products during fiscal year (FY) 2025/26, while implemented investments reached around EGP 1 billion, according to Chairman Mohamed Maged Bakheet. Bakheet made the remarks during…...

1+ week, 1+ day ago   (170+ words) Vaalco Energy, an American independent oil and gas company, has appointed Anwar Husen as the General Manager and Managing Director of Vaalco’s Joint Venture company with the Egyptian General Petroleum Corporation (EGPC) and Petrobakr Petroleum Company, according to Vaalco’s statement....

1+ week, 1+ day ago   (274+ words) OPEC+ kept its oil production policy unchanged for October as disruptions from the Iran war continue to restrict crude exports through the Strait of Hormuz and limit the group’s ability to influence physical supply. Saudi Arabia, Russia, Iraq, Kuwait, Algeria,…...

1+ week, 1+ day ago   (266+ words) Karim Badawi, Minister of Petroleum and Mineral Resources, directed Cooperation Petroleum Company (CPC) to prepare a five-year plan to expand its products and services into neighboring markets after the company reported strong growth in FY 2025/26. Badawi issued the directive during…...