Iran warns US against invading Persian Gulf's Kharg Island

MEOG - Middle East Oil & Gas
By Newsbase 12 March 2026
Iran’s parliament speaker has issued a stern warning to the United States against attacking Iranian islands in the Persian Gulf, amid speculation about a potential occupation of Kharg Island, which houses the country’s main oil export terminal.

Egypt targets $2.3bn in gas investments to boost production

AfrOil - Africa Oil & Gas
MEOG - Middle East Oil & Gas
By bna Cairo bureau 12 March 2026
Egypt is currently planning aiming to attract investments worth $2.3bn in its natural gas sector during FY 2026/27, as part of efforts to boost production and secure domestic energy supplies
Latin America is being rocked by the war in the Middle East

Middle East war rocks Latin America

LatAmOil - Latin America Oil & Gas
By Newsbase 12 March 2026
The Middle East war is the largest disruption to global oil output ever, and the jitters are rumbling through Latin America.

Trump announces first US refinery to be built in 50 years

NorthAmOil - North America Oil & Gas
By bne IntelliNews 12 March 2026
US President Donald Trump announced this week that America First Refining would build the US’ first new oil refinery in 50 years, with India’s Reliance Industries Ltd (RIL) providing financial backing.
More stories

What we offer

  • Market intelligence, insight & foresightdelivered directly to your email inbox
  • Expert contributorsincluding local & international journalists, industry analysts, economists & academics
  • The best editorial team in the businesswith over 20 years of knowledge and expert insight
  • Detailed and concise contentwithout any superfluous advertising

Our Customers

NewsBase ChinaOil is comprehensive and also keeps me informed of wider trends within China.  It gives me an edge when doing strategic planning and looking for business opportunities.  If you want to do business and grow in China’s upstream oil business, then this weekly digest gives the necessary insights.

Robin Simpson
Vice President Commercial & Business Development

NewsBase UOGM is concise and well focussed, giving me an accurate picture of the market in the one place

David Campagna
General Manager, Global Exploration

The value that NewsBase provides is excellent. I could pay more money to a different supplier and still not see the same level of information.

Without NewsBase I could have three or four suppliers and still not have the same depth of coverage.

Wayne Zemke
Market Intelligence Manager

AfrOil provides the most incisive and comprehensive coverage of the African oil and gas sector. AfrOil doesn’t just tell me what’s happening now, it tells me where the next hot spots will be, which is crucial for planning ahead. AfrOil is essential to my work and I would recommend it to anyone with an interest in oil and gas in Africa.

Elias Pungong
Partner Africa Oil & Gas Sector

I FOLLOW ALL NEWSBASE ISSUES WITH GREAT INTEREST.  They are current, in-depth, highly analytical but also fun to read.

Daniela Kissova
Policy Governmental & Public Affairs