Wednesday, September 2, 2026

Energy

US-Venezuela Oil Pact Links 65bn Barrels to $100bn Investment Push

A sweeping US-Venezuela oil pact links American access to projects containing more than 65 billion barrels of proven reserves...

Petrojet Wins $22.7mn Jordan Gas Deal 

Egypt’s state-owned Petrojet has secured a $22.7mn natural-gas infrastructure contract in Jordan, strengthening its regional order book as Cairo...

Egypt Pushes Regional Power Links as Saudi 3GW Grid Nears Launch

Egypt is accelerating electricity interconnection projects spanning Saudi Arabia, Jordan and Europe, as its $1.8 billion power link with...

Eni Plans 230-Well Egypt Campaign to Boost Oil and Gas Output

Italian energy major Eni plans to drill 230 wells in Egypt as Cairo steps up efforts to increase domestic...

The New Middle East Energy Premium: Iran War Reprices Oil, Gas and Shipping

A $20 million tanker voyage through the Strait of Hormuz is becoming a measure of the new economics of...

Iran’s New Gas Find Runs Into Sanctions, War and Investment Constraints

Iran has announced a 7.5tn-cubic-foot natural-gas discovery in southern Fars province, but sanctions, war damage and chronic underinvestment could...

Saudi Arabia Signs $1.16bn Storage Deals, SEC Secures $1.2bn Korean Financing

Saudi Arabia has signed agreements for four large-scale battery energy storage projects worth more than SAR4.35 billion ($1.16 billion),...

ANRPC Gasoline Output Hits Record as Egypt Pushes to Cut Fuel Imports

Alexandria National Refining and Petrochemicals Company (ANRPC) produced nearly 2 million tonnes of high-octane gasoline in fiscal year 2025/26,...

Egypt Approves Fujairah-Alamein Oil Storage and Trading Free Zone

Egypt has approved a nearly 738,000-square-metre private free zone in New Alamein for crude oil and petroleum-product storage and...

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