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OPEC+ core adjusts output as UAE finalises institutional withdrawal
The UAE has formally withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), deepening its strategic pivot away from multilateral energy frameworks
World’s largest sand battery survives its worst winter, ready for roll out
The world's largest sand battery can store enough heat to warm a whole town for a week during the worst of a Finnish winter.
Egypt announces new natural gas discovery in Nile Delta
Egypt’s Ministry of Petroleum and Mineral Resources has announced a new natural gas discovery in the Nile Delta, marking a significant step towards strengthening domestic energy production
Egypt plans to cut fuel imports by 25% in May as demand eases
The Egyptian government is currently planning to reduce its fuel imports by up to 25% in May, as domestic demand declines following the introduction of commercial energy-saving measures
Egyptian government slashes oil partners' arrears to $714mn
Egypt’s Ministry of Petroleum and Mineral Resources has announced a further decline in outstanding payments owed to foreign oil companies, with the total arrears dropping to $714mn,
Ukraine steps up attacks on Russian oil infrastructure to record monthly high in April
Ukraine has intensified its long-distance missile campaign against Russian oil infrastructure, carrying out a record 21 attacks on refineries, sea terminals and pipelines in April — the highest monthly total since December.
Post Assad Syria sill dependent on Russian oil
Russia has emerged as the main supplier of oil to Syria, despite the new government's reaching out to the West and uncomfortable relations with Moscow over its military support for the fallen Assad regime.
COMMENT: We are fighting the wrong war
Imagine if an alien bug invaded the earth. I'm not talking about the big slick black monsters that bite your head off from the Alien franchise. I'm talking about tiny little nondescript bugs that gnaw away at plants and have a taste for concrete.
Russia accuses West of wanting to wreck Rosatom’s plans to bring nuclear power to Central Asia
Security Council official says campaign to discredit state corporation is under way.
COMMENT: Did Europe just hand the future to Madrid?
Spain's Socialist government is delivering Europe's fastest growth, the EU's most outspoken stance on Gaza, the continent's biggest Chinese EV investments and Latin America's only serious European interlocutor.
Central Asia green finance grows, led by Kazakhstani private sector
Kazakhstan is Central Asia’s leading market for green and sustainable bonds, and there is strong potential in other countries, according to Manas Gizhduaniyev, chief executive of the AIFC Green Finance Centre.
Renewables met 100% of global electricity demand growth in 2025 that will speed America's decline
For the first time in history, renewables covered all new global electricity demand in 2025, and the oil shock of the Iran war will only accelerate the move away from the reliance on fossil fuels, according to a report by Ember.
UAE strikes back at Turkey in fight to become global investor haven
The United Arab Emirates is hitting back at emerging competitors such as Turkey in the fight to emerge as the prime Middle Eastern destination for international investors.
Trump congratulates Iraq's al-Zaidi after Maliki bid collapses
US President Donald Trump congratulated Iraqi Prime Minister-designate Ali al-Zaidi on April 30, ending a four-month standoff in which Washington derailed Nouri al-Maliki's bid under threat of sanctions on Iraq's central bank, oil and political figur
Dallas Fed issues energy survey update highlighting uncertainty among oil and gas executives
The Federal Reserve Bank of Dallas has issued an update to its quarterly energy survey of sentiment among oil and gas executives.
Apollo-managed funds to buy 40% stake in Pembina Gas Infrastructure
Global alternative asset manager Apollo announced last week that certain funds it manages had agreed to acquire a 40% stake in Canada’s Pembina Gas Infrastructure (PGI) from funds managed by KKR.
Leading oilfield service firms highlight impact of Middle East conflict in first-quarter results
As oilfield services firms begin releasing their first-quarter results, leading players are highlighting the impact of the conflict in the Middle East.
TotalEnergies eyes more natural gas exploration projects in Egypt
French energy major TotalEnergies (EPA:TTE) has announced plans to expand its natural gas exploration and production activities in Egypt in the coming period
How China captured the Gulf while Washington forgot to send an ambassador
Beijing now trades nearly $400bn a year with the Middle East, runs the region's largest infrastructure programmes, and brokers its diplomacy. America still sells the weapons. It is not enough
Europe is the world’s fastest-warming continent
“We’ve seen record heatwaves from the Mediterranean to the Arctic, while glaciers have been shrinking and snow cover melting. The evidence is unequivocal: climate change is not a future threat. It is our present reality,” the EC said
Iran oil minister says US blockade 'failing' to curb oil exports
Iranian officials said a naval blockade had failed to choke off the country’s oil exports and that Tehran had enough storage capacity to see it through for another 30 days, pushing back against reports that Washington plans to widen pressure.
China's CATL signs mega-sodium battery production deal to drive the nascent tech's development
The world's largest battery maker has just placed a very large bet on a technology that, until recently, most of the industry considered was science fiction.
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