Saudi Aramco announced on December 27 the establishment of the Saudi Aramco Retail Company (RetailCo), a wholly owned subsidiary,...

Kuwait and Iraq have selected a consultant to estimate the oil reserves in the areas on the border between...

Iraq’s exports from Kirkuk oilfields to the Turkish Ceyhan port will remain between 80,000 to 90,000 barrels per day...

Light crude production in Kuwait is expected to increase reaching 250,000 barrels per day (b/d) in the next three...

The cabinet of the Organization of the Arab Petroleum Exporting Countries held its 101st meeting in Kuwait to discuss...

Libya’s National Oil Company (NOC) announced it is keeping the Sharara oilfield closed despite pressure from officials to pay...

The US has extended the initial waiver given to Iraq to continue importing from Iran despite the sanctions for...

The Organization of Petroleum Exporting Countries (OPEC) plans to determine the oil output quotas for its members and its...

Saudi Aramco, Russia’s sovereign wealth fund RDIF, and Japan’s Mitsui are in talks to acquire stakes in Novatek’s Arctic...

The Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi government have awarded Austria’s OMV a 5% stake in...