President William Ruto's Cabinet has approved the partial privatisation of Kenya Pipeline Company (KPC), paving the way for its listing on the Nairobi Securities Exchange (NSE) through an initial public offering. The move aims to attract private capital and expertise to boost KPC’s efficiency, profitability, and market value.
Kuwait’s oil minister said he was optimistic about the oil market’s fundamentals and that Opec+ efforts aim for market balance, the state news agency (Kuna) reported on Tuesday.
Egypt is reportedly planning to increase liquefied natural gas (LNG) imports by the end of the decade as local output lags rising demand.
Australia, a global LNG export powerhouse, is paradoxically preparing to import liquefied natural gas (LNG) from 2027 to bridge potential domestic supply gaps along its east coast. With four strategic import terminal projects underway, Australia aims to tackle looming shortages driven by structural production declines and rising energy demand. These developments are not just an industrial response but a crucial economic pivot, ensuring energy security for key population centers while maintaining market stability in a region heavily reliant on affordable gas for manufacturing and household consumption. The move reflects the complex dynamics of Australia’s energy market, where geopolitical shifts, export commitments, and domestic policy intersections are pushing the nation toward rebalancing its internal gas ecosystem through import infrastructure.
Sohar Port and Free Zone has signed a Memorandum of Understanding (MoU) with Swiss company Heinat to explore and develop natural hydrogen resources in Oman.
The European Union’s apparent surrender in the face of President Trump’s tariff bluster has angered business leaders and some politicians across the EU, but should energy policymakers in the Arabian Gulf also be worried?