Iran's parliamentary infrastructure commission chief has set out detailed terms for a strategic management plan for the Strait of Hormuz, including an Israeli shipping ban and tolls payable only in rials.

The Egyptian government is accelerating efforts to raise domestic oil and gas production, with the Ministry of Petroleum and Mineral Resources expecting to complete drilling of the North Lotus Deep 2 well in the Western Desert before the end of May

The Algerian government has launched a new international tender for hydrocarbon exploration licences to boost foreign investment and expand its energy output

The Egyptian Ministry of Petroleum and Mineral Resources plans to repay around $600mn owed to international oil and gas companies operating in the country before the end of May