Russia’s oil production fell in May to 11.11 million barrels per day (mb/d), down from 11.23 mb/d produced in...

Iraq has selected Hyundai Engineering and Construction Company to construct a seawater injection facility, according to Ihsan Abdul Jabbar,...

Bahrain plans to allow international companies to own 100% of oil and natural gas extraction projects in the kingdom,...

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

Algeria will not take its final decision regarding Total’s acquisition of Anadarko Petroleum assets in the North African country...

The UAE-based Crescent Petroleum is setting a strategy to double natural gas production in the Kurdistan Region of Iraq...

Iraq has put an end to the emergency state in the Majnoon oilfield, according to Thamer Ghadhban, Iraq’s Oil...

Kuwait National Petroleum Company (KNPC) is preparing 25 projects for the company’s bidding plan in fiscal year (FY) 2019/20,...

Iranian crude oil exports have declined to around 400,000 barrels per day (b/d) in May, according to tanker data...

Qatar Petroleum has awarded a Front-End Engineering Design (FEED) contract to McDermott Middle East for the North Field Expansion...