Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, met with Abdullah Al Messabi, CEO of Adnoc Drilling, to discuss strategic cooperation and the company’s potential role in Egypt’s expanded onshore and offshore drilling programme.
Oman's public revenues recorded a 13 % increase by the end of the second quarter of 2026, reaching approximately OMR6.602 billion ($17.17 billion), compared to approximately OMR5.839 billion during the corresponding period of the previous year.
Equinor has agreed to acquire an 87.71 per cent interest in the Lackawanna Energy Centre, a 1,483 MW gas-fired combined-cycle power plant in Pennsylvania, for $940 million, subject to a potential price adjustment at closing.
Saudi Arabia’s Ministry of Energy has opened submissions for its inaugural Energy Hackathon, “Ignite Your Ideas,” aimed at developing innovative solutions to key energy-sector challenges.
Germany’s gas storage facilities are at their lowest level for this time of year since records began in 2011, according to gas storage group INES.
Fuel prices across the European Union rose sharply in July 2026, with the cost of fuels and lubricants for personal transport increasing 16.9 per cent year-on-year, according to Eurostat.
Indonesia is positioning renewable energy, digital technology, agriculture and electric vehicle (EV) downstreaming as key sectors for European Union investment ahead of the planned 2027 implementation of the Indonesia–EU Comprehensive Economic Partnership Agreement (IEU-CEPA).
Italy’s natural gas storage has reached 79.78 per cent, or around 162.3 TWh, more than two months ahead of the October 31 deadline, according to Gas Infrastructure Europe (GIE). However, inventories remain below last year’s level of 85.56 per cent.
US Energy Secretary Chris Wright said the country has reached record levels of oil and gas production, reinforcing its position as the world’s largest energy producer.
Corinth Pipeworks has secured a $200–250 million contract to supply line pipe for the Rovuma LNG Phase 1 Project in Mozambique, strengthening its position in the global offshore energy market.
