Saudi Aramco and Baker Hughes, a GE Company (BHGE), signed a memorandum of understanding (MoU) to establish a joint...

Minister of Petroleum Tarek El-Molla has emphasized the strong ties between Egypt and Kuwait as he received a delegation...

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

The Minister of Petroleum, Tarek El Molla, has met Maen Razouqi, the Northern Middle East President at Schlumberger, and...

Royal Dutch Shell and ExxonMobil are considering a return to Somalia ahead of an oil block bid round later...

Egypt plans to apply an oil hedging mechanism in fiscal year (FY) 2019/20 that starts in July after its...

DP World announced that it has acquired Topaz Energy and Marine in a deal worth . 08 billion, Reuters...

Saudi Basic Industries Corporation (SABIC) announced that it has renewed its partnership agreement with the Japan Saudi Arabia Methanol...

Dana Gas PJSC has received around $48 million from its operations in Egypt in June 2019, of which $38...

Saudi Arabia and Russia have agreed to extend the deal sponsored by the Organization of Petroleum Exporting Countries (OPEC)...