Amendments to the mineral wealth law are expected to be passed by the House of Representatives during its current...

The Ministry of Finance has officially negated rumors circulating social media platforms regarding changes in the prices of fuels...

The Organization of the Petroleum Exporting Countries (OPEC) and other major producers are nearing an agreement to extend crude...

The Ministry of Petroleum revealed that Petrojet has successfully implemented a number of projects valued at EGP 22 billion,...

The Ministry of Petroleum and Mineral Resources is developing new infrastructure expansions to transport and store fuel, upgrading efficiency...

The Vice Chairman of Dragon Oil, Saeed Mohammed Al Tayer has welcomed the agreement with BP to acquire its...

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....