11 Aug, 2026

Egypt targets energy security through new oil and gas investment

Egypt is preparing to boost oil and gas production, draw in fresh investment and cut back on petroleum imports as part of its economic and social development strategy for the 2026/2027 fiscal year, according to... more

11 Aug, 2026

ConocoPhillips names Andy O’Brien as CEO in leadership shift

ConocoPhillips has announced a leadership transition, appointing CFO Andy O’Brien as the company’s next President and CEO, effective September 1. O’Brien, who also currently serves as executive vice pr... more

11 Aug, 2026

Oil markets wait for clarity and agreement on Hormuz reopening

Oil prices showed little movement on Monday, 10 August, after early gains faded, as progress on talks to reopen the Strait of Hormuz was clouded by continued demands from Iran, Reuters reported. By 06:43 GMT... more

05 Aug, 2026

Seven OPEC nations to adjust oil production output from September

Seven key OPEC+ alliance producers have agreed to adjust their collective oil output by 188,000 barrels per day from September, moving to support global energy market stability and enforce strict quota complian... more