Russia’s oil production fell to between 8.59 – 8.69 million barrels per day (mmbbl/d) in May, nearing Moscow’s previous...

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

Petrofac’s Engineering & Production Services (EPS) has signed a well management contract for Phase 1 of Independent Oil and...

Petroleum Development Oman (PDO), Oman’s largest oil producing company, achieved record production of 1.210 million barrels of oil equivalent...

A submarine pipeline at a depth of 1,542 meters has been successfully completed at the Lingshui 17-2 gas field...

Algeria’s State run oil company, Sonatrach, has become the main shareholder in the Medgaz pipeline after the acquisition of...

Edison Exploration and Production (E&P) has successfully completed Ameeq-1 exploration well in the Eastern Mediterranean waters of Egypt, according...

The Gazprom’s Amur Gas Processing Plant (GPP) construction project, one of the largest infrastructure projects of the company in...

Iraq has awarded Petrofac’s Engineering & Production Services (EPC) a six month contract extension with Basra Oil Company (BOC)...

Petrochemical Industry to expand with 11 new projects with total investments estimated of $19 billion, including two giant refining...