The House of Representatives approved the presidential decree no. 118 for 2020 regarding an additional $50 million loan agreement...

Russian-based Sakhalin Energy has confirmed that maintenance activities will take place at the Lunskoye-A offshore platform, the onshore processing...

China’s crude oil throughput in May rose 8.2% year-on-year (YoY) following independent refiners increasing production in response to the...

Iraq has requested that oil supermajor BP cut its crude production by 10% at the southern field of Rumaila...

Mohammad Asgari, a spokesman at National Iranian Gas Company (NIGC), announced that Iran’s natural gas production currently stands at...

 Yemen is planning to ramp up production by 25% to 75,000 barrels of oil per day (bbl/d), Yemen’s energy minister...

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience....

Qatar Petroleum (QP) announced its decision to integrate Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat)  into QP,...

Russia is set to further reduce its overseas supply of Urals Crude oil in July due to an unexpected...

Nigeria’s State-owned Nigerian National Petroleum Company (NNPC) chief, Mele Kyari, has announced in an online conference that current daily...