
Libya signs $20bn oil deals with US and French energy companies
Libya signs $20bn oil deals with US and French energy companies Submitted by MEE staff on Mon, 01/26/2026 – 20:42
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Libya signs $20bn oil deals with US and French energy companies Submitted by MEE staff on Mon, 01/26/2026 – 20:42

CAIRO, Jan 16 (MENA) – The Ministry of Petroleum and Mineral Resources said on Friday that several oil and gas companies operating in Egypt have drilled a number of successful wells in their concession areas in the Western Desert, Eastern Desert and the Nile Delta, including five new exploratory wells. In a statement, the ministry …
The post Egypt announces new oil and gas discoveries adding 47 mln cu ft of gas, 4,300 bpd appeared first on Egypt Independent.

The largest oil reserves of any country on the planet, more than 300 billion barrels, are estimated to lie beneath the ground in Venezuela. President Donald Trump is now laying claim to these vast deposits after his capture of the country’s president Nicolás Maduro. Venezuelan oil is a tantalizing prospect for Trump, who reveres fossil …
The post What happens to the planet if Trump gets his hands on all of Venezuela’s oil? appeared first on Egypt Independent.

Enemies not allowed to control large oil reserves, US ambassador to UN says Submitted by MEE staff on Mon, 01/05/2026

Iraq resumes Kurdish oil exports to Turkey after two-year halt Submitted by MEE staff on Sat, 09/27/2025 – 13:16 The

Hong Kong — Chinese refineries have placed new orders for Russian crude that will be shipped from ports that typically supply India, as demand from the South Asian country for Moscow’s crude slips following US President Trump’s tariffs. At least 15 cargoes of Russian oil have been secured by Chinese refineries for October and November …
The post China snaps up Russian oil as Indian demand drops following Trump tariffs appeared first on Egypt Independent.

Oil firms evacuate some Iraq staff over regional tensions Foreign oil firms including giants BP and Total evacuated some foreign

Trumps warns ‘everyone’ to keep oil prices down Donald Trump has called on “everyone” not to rise the price of

Azerbaijan maintains oil sales to Israel despite Turkish backlash, says report Submitted by MEE staff on Mon, 06/09/2025 – 11:13

President Donald Trump made light of a gift from the United Arab Emirates on Friday, when he was gifted a box from UAE officials containing a single drop of oil. “This is the highest quality oil there is on the planet. But they only gave me a drop,” he said, laughing. But that one drop …
The post UAE gifts Trump a single drop of oil appeared first on Egypt Independent.