The Abu Dhabi National Oil Company (ADNOC) announced that it has closed a pipeline infrastructure investment agreement with BlackRock...

The Organization of the Petroleum Exporting Countries (OPEC) has agreed to extend oil production cuts until March 2020, during their...

Kuwait Oil Company (KOC) signed a contract with Halliburton for offshore exploration and production (E&P), Asharq Al-Awsat reported. The...

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...