Belayim Petroleum Company (Petrobel) announced streamlining two new natural gas wells in the Mediterranean region with an average production...

Arab Petroleum Investments Corporation (APICORP) has announced the ratification for an increase in callable capital from $1 billion to...

US oil trading collapsed on April 20 as the price of May’s future contract for West Texas Intermediate (WTI)...

As of April, Burullus Gas terminated a contract for Transocean’s Deepwater India rig, according to the company’s fleet status...

Middle East Oil Refinery (Midor) has refined approximately 9.3 million barrels (mmbbl) of domestic and imported crude oil in...

The Egyptian Ethylene and Derivatives Company (ETHYDCO) awarded a consortium of Saipem and Petrojet a contract for the first...

President Abdel Fattah Al-Sisi has instructed to preserve the state’s strategic reserves of petroleum products, according to a statement...

Petrofac Ltd has announced that its the Dalma Gas Development Project of its Petrofac Emirates joint venture (JV) has been terminated...

The Iranian oil minister, Bijan Namdar Zanganeh, said an Iranian drilling company is set to take over drilling project...

Kuwait Oil Tanker Company (KOTC) has added the crude oil tanker “Al-Yamamah” to its repertoire of ships, according to...