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• ↓ White House Set to Extend Jones Act Waiver to Ease Gasoline Prices
• ↓ Harbour Energy's Revenues Jump 20% in H1 of 2026
• ↓ AngloGold Expands Gold Exploration in Egypt’s Eastern Desert
• ↓ Mediterra Investment Restarts Al‑Baraka Drilling After Four‑Year Pause
• ↓ Sinopec Boosts Russian Oil Purchases Amid Middle East Supply Shortfall
• ↓ Gulf Oil Exports Steady in July, Still 40% Below Pre-War Levels
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"The White House is expected to extend a temporary waiver of the century-old Jones Act in the coming days as part of efforts to curb US gasoline prices, Reuters cited sources familiar with the matter, while President Donald Trump intensifies pressure on ExxonMobil and Chevron, accusing the oil majors of earning "enormous profits.""

"Multiple trade sources and vessel-tracking data show China state-owned Sinopec, the world’s largest refiner, stepping up purchases of Russian Far East crude to offset disruption in Middle Eastern supplies caused by the US-Israeli war on Iran, according to Reuters."

"Crude oil and condensate exports from the Gulf remained broadly stable in July 2026, at around 10.7 million barrels per day (bbl/d), although shipments were still approximately 40% below the pre- US-Iran-war levels, underscoring the continued impact of regional conflict on global energy flows, according to Reuters citing tanker tracking data from Kpler and Vortexa."

"Sukari Gold Mine, jointly owned by the US-based AngloGold Ashanti and the Egyptian government, produced 232,000 ounces (oz) of gold in the first half of 2026, keeping production firmly on track to meet its full‑year target of 500,000 ounces. That target would match the record output achieved in 2025. Moreover, output of the mine, the largest in Egypt and the whole MENA region, is set to rise sharply in the second half of the year as operations move into higher‑grade ore zones, boosting volumes and reinforcing Sukari’s position as one of the region’s leading gold producers, noted a press release by AngloGold."

Key Topics & Focus Areas for egyptoil-gas.com:

White House Set to Extend Jones Act Waiver to Ease Gasoline Prices

Harbour Energy's Revenues Jump 20% in H1 of 2026

AngloGold Expands Gold Exploration in Egypt’s Eastern Desert

Mediterra Investment Restarts Al‑Baraka Drilling After Four‑Year Pause

Sinopec Boosts Russian Oil Purchases Amid Middle East Supply Shortfall

Gulf Oil Exports Steady in July, Still 40% Below Pre-War Levels