BP has increased the evaluations for crude oil reserves in Saudi Arabia by 12%, the first change in Saudi...

The Organization of the Petroleum Exporting Countries (OPEC) is about to make its decision to extend the production cut...

Petroleum Development Oman (PDO) has awarded Petrofac the procurement services contract for the Mabrouk North East Line Pipe project, Emirates News Agency...

Sahara International Petrochemical Company (Sipchem) announced that it has signed a 20-year hydrogen supply agreement with Saudi Aramco Shell...

Iraq supports the rollover of the supply cut agreement between the Organization of the Petroleum Exporting Countries (OPEC) and...

Emirates National Oil Company (ENOC) has secured a loan of around $690 million from a consortium of Chinese banks,...

Russia is growing concerned of a scenario that could see crude oil prices drop to as low as $30...

Saudi Aramco has extended its offer to engage in Novatek’s Arctic LNG 2 project, according to Saudi Energy Minister...

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

The Ministry of Petroleum has allowed Eni and BP to export natural gas from their respective shares in the Zohr...