Fire and blast at Egypt's Damietta port LNG terminal as operations resume overnight
Egypt's oil ministry said a fire involving two vessels used for gas processing and storage at Damietta port was brought under control after an emergency response on Wednesday. The incident affected the Mediterranean port's liquefied natural gas terminal and prompted the evacuation of crew members, according to the reports provided. No injuries were reported.The ministry said the situation was handled immediately under emergency and rapid-response plans, but it did not identify the cause of the blaze. In a separate assessment, maritime security firm Ambrey said a US-owned floating storage tanker at the port had been hit by a drone. Another... [Continue Reading]
360LiveNews | 29 Jul 2026 19:59 LONDON
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Day News Recap: Iran strikes, Japan quake toll rises, and Europe faces wildfire heat
President Donald Trump has threatened a major escalation against Iran after renewed attacks on US military sites in the Middle East, as Washington said it intercepted missiles and then joined strikes with Israel on Iraq-linked groups. Iran’s Revolutionary Guard said it fired ballistic missiles at US installations in Jordan, while the US military also weighed restricting phone use for troops there over fears Iran could exploit social media and footage. 🔗 🔗 🔗 🔗The White House diplomacy around the crisis continued as Trump met Israeli Prime Minister Benjamin Netanyahu in Washington, with tensions over Gaza, Iran and Israel’s military presence... [Continue Reading]
360LiveNews Recap | 29 Jul 2026 18:23 LONDON
Turkiye and Iraq announce new energy cooperation tied to Kirkuk oilfield stake
Turkiye and Iraq have announced a new energy cooperation framework that includes a Turkish stake in the Kirkuk oilfield and a possible increase in Iraqi oil supplies to Turkiye. The announcement was made in Ankara during a joint news conference between Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Ali al-Zaidi. It comes as the long-running Iraq-Turkiye crude oil agreement expired on 27 July.Erdogan said state-owned Turkish Petroleum will acquire a 15% stake in BP Energy Company of Kirkuk Limited under a separate share-transfer agreement. He also said al-Zaidi had offered to supply Turkiye with up to 1 million... [Continue Reading]
360LiveNews | 29 Jul 2026 03:00 LONDON
Ukraine MP says political will could protect Aughinish jobs amid sanctions debate
A senior Ukrainian MP has said there is a way to protect jobs at Aughinish Alumina if the refinery is sanctioned, arguing that the Irish government could act if it has the political will to do so. Ivanna Klympush-Tsintsadze, who chairs the committee on Ukraine's integration with the EU, said there are examples elsewhere in Europe of Russian-owned refineries being placed under external management. She said that approach could help prevent products from reaching Russia while keeping workers in place.Her comments came after an independent review into the Co Limerick refinery found no adverse findings, according to Ireland's Minister for... [Continue Reading]
360LiveNews | 24 Jul 2026 08:00 LONDON
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Rosebank drilling speculation becomes test for new UK prime minister
Reports that Britain's new prime minister may allow fresh drilling in the North Sea have triggered a political and environmental row centred on the Rosebank oilfield. The field lies about 130km from Shetland and is described as the United Kingdom's largest unexploited oil and gas reserve. The debate has quickly become a test of the government's approach to energy policy, climate commitments and local opposition.The speculation follows the arrival of Andy Burnham as Britain's seventh prime minister in a decade, according to the supplied report. Burnham and his team have not commented on the reports, but the possibility of support... [Continue Reading]
360LiveNews | 23 Jul 2026 13:12 LONDON
Death toll rises to 20 after blast and tunnel collapse at hydroelectric project in Sikkim
Rescuers in India's northeastern state of Sikkim are continuing efforts at a collapsed tunnel at an under-construction hydroelectric project after a gas explosion killed at least 20 workers. The incident took place at a 500-megawatt project being built for the state-owned National Hydroelectric Power Corporation, according to officials involved in the response. Authorities said 25 workers were trapped when the tunnel gave way, and the latest figures indicate that 13 bodies have been recovered so far.Rajiv Roka, director of the Sikkim State Disaster Management Authority, said rescuers had also seen seven to eight more bodies inside the tunnel but had... [Continue Reading]
360LiveNews | 22 Jul 2026 20:32 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
