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Petroleum
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BP Plc is considering the sale of some of its natural gas assets in Egypt as part of a broader restructuring plan aimed at reducing debt and focusing on higher-return projects, according to people familiar with the matter.15 May 2026-12:18
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Another batch of petroleum products has been dispatched from Azerbaijan to Armenia.09 May 2026-11:05
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The effective closure of the Strait of Hormuz due to the ongoing war involving the US, Israel, and Iran has exposed Pakistan’s deep structural vulnerability to global energy disruptions.04 May 2026-22:41
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A crucial meeting convened yesterday by the Minister of Aviation and Aerospace Development, Festus Keyamo, with the Airlines Operators of Nigeria (AON), oil marketers and regulators ended in a deadlock, with no agreement reached on reducing the soaring cost of aviation fuel (Jet A1).24 Apr 2026-16:01
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U.S. President Donald Trump's administration on Friday issued a waiver allowing countries to buy sanctioned Russian oil and petroleum products at sea for about a month, seeking to control global energy prices that have shot higher during the U.S.-Israeli war on Iran.18 Apr 2026-04:49
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A delegation of Azerbaijan's state oil company SOCAR is participating in the 9th Egypt Energy Show (EGYPS 2026).01 Apr 2026-14:50
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Sri Lanka will receive five fuel shipments in April, a senior Ceylon Petroleum Corporation official told reporters on Thursday.19 Mar 2026-23:26
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