Aramco Trading Company (ATC), Saudi Aramco’s trading subsidiary,has managed to sell its first liquefied natural gas (LNG) cargo to...

SNC-Lavalin won an engineering services contract to work on Haliba field in Al Dhafra Petroleum’s concession area in Abu...

The international Monetary Fund (IMF) has lowered its forecast for Saudi Arabia’s economic growth to 1.9%, retracting its initial anticipation...

The Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with the Italian giant, Eni, to cooperate in...

Oil prices witnessed a surge on January 20 after Libya’s El Shahara and El Feel oilfields have been shut...

Kuwait National Petroleum Company (KNPC) has requested a contract renewal with Mitsubishi Hitachi Power Company, according to Arab Times. Under the contract...

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

The Organization of Petroleum Exporting Countries (OPEC) forecasts a lower demand for its crude oil despite the global demand...

Saudi Arabia’s International Maritime Industries (IMI), a joint venture (JV) between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries,...

Libya’s El Shahara and El Feel oilfields were shut down on January 19 by a group representing the southern...