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Libya Regains Full Control of Ras Lanuf Refinery After Decade-Long Dispute

Libya's state-run National Oil Corporation (NOC) announced on 11th May 2026 the successful regaining of complete oversight of the Ras Lanuf Refinery. This development...

Iraq to Operationalize Kirkuk-Nineveh Crude Pipeline Soon

The Iraqi Ministry of Oil has announced that the crude oil pipeline connecting Kirkuk to Nineveh is expected to be fully operational by June...

U.S. DOE Confirms Loan of 53.3 Million Barrels to Oil Firms

The United States on 11th May 2026 confirmed plans to lend 53.3 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR)...

European Union Weighs Domestic Gas Drilling for Energy Needs

European Union (EU) energy ministers are slated to deliberate on the potential for increased domestic gas drilling during an upcoming informal gathering in Cyprus....