Latest news and articles about energy sector from NEX English
Indonesia and South Korea have signed a memorandum of understanding to enhance cooperation in maritime facility services, aiming to strengthen their partnership in the oil and gas sector. The agreement was signed during a bilateral meeting in Seoul, attended by the Indonesian President <strong>Joko Widodo</strong> and South Korean President <strong>Yoon Suk-yeol</strong> on April 1, 2026.
Ukrainian President Volodymyr Zelensky announced his country's willingness to halt attacks on the Russian energy sector if Russia stops its strikes against Ukrainian infrastructure. This statement opens the door for potential negotiations.
The Syrian Petroleum Company has signed a contract with Adis Saudi Arabia to develop gas fields, aiming to increase production by up to 50% by the end of the year. This initiative is part of a broader strategy to boost supplies and support economic recovery.
The Malaysian Energy Commission announced a comprehensive review of legal and regulatory frameworks to support the stability of the energy sector and enhance sustainable growth. This initiative aims to align with future energy needs.
E Point Zero has announced an agreement to acquire the American company Triverse Midstream Partners in a deal valued at <strong>$2.25 billion</strong>. This move reflects the company's strategy to expand its operations in the energy sector.
Jordan and Morocco have engaged in discussions to strengthen cooperation in the automotive and energy sectors. This initiative aims to enhance economic relations between the two countries.
The Egyptian Ministry of Petroleum announced the signing of a global agreement worth half a billion dollars during the Egypt International Petroleum Conference 'EGYPS 2026'. This reflects the country's commitment to enhancing investments in the energy sector.
Kingdom Holding has announced its acquisition of a stake in an energy company for up to <strong>255 million Saudi Riyals</strong>. This move aligns with its strategy to enhance investments in the energy sector.
The Minister of Petroleum attended the EGPC 2026 awards ceremony, highlighting innovations in the energy sector. This event gathered leading experts and specialists in oil and energy.
Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, chaired the ADNOC Executive Committee meeting at the company's headquarters. The meeting focused on strategies for developing the energy sector and enhancing sustainability amid current global challenges.
Fitch Ratings has placed Qatar's long-term sovereign rating at AA on negative watch, citing rising security risks in the Gulf and their potential impact on the energy sector. This decision reflects growing uncertainty in the region's security environment following the Iranian war.
Tyler Goodspeed, a former economic advisor at the White House, reveals that economic recessions are difficult to predict, with shocks, especially in the energy sector, playing a key role. This analysis is part of his upcoming book titled 'Recession: The Real Causes of Economic Contraction and What to Do About It.'
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawy, announced the start of a new phase aimed at expanding the energy sector to enhance Cairo's position as a regional hub. This initiative is part of a comprehensive strategy to develop energy infrastructure and increase local production.
Egypt's Minister of Petroleum, Karim Badawy, announced a significant economic growth of <strong>5.3%</strong> in the first quarter of the fiscal year 2025/2026, emphasizing the energy sector's role in sustainable development.
Petroleum geology students from Beni Suef University visited the Galala area to enhance their practical skills and apply classroom knowledge. This field trip is part of the university's efforts to provide real educational experiences.
The Egyptian House of Representatives recently discussed significant amendments related to nuclear activities and new laws aimed at enhancing oil exploration. These discussions are part of the government's efforts to strengthen the energy sector and achieve sustainable development.
President Donald Trump announced the extension of the ceasefire in the energy sector, triggering mixed reactions in financial markets. This announcement comes at a critical time as concerns about market volatility and rising healthcare costs increase.
During the Sierra Week conference, several senior oil executives and energy ministers expressed growing concerns about the long-term economic impacts of the war in the region, emphasizing the urgent need for action to address these challenges.
Ukrainian oil and gas company Naftogaz has invested approximately <strong>$180 million</strong> in air defense systems to protect its facilities from drone attacks. This initiative raises questions about the potential application of similar strategies in the Middle East.