Kuwait National Petroleum Company (KNPC) plans to establish a new oil refinery in South of Kuwait, CEO Mohammed Al-Mutairi...

The Omani Ministry of Oil and Gas has signed two new exploration and production sharing agreements (ESPA) worth $65...

Qatar Petroleum has signed a deal with Eni to acquire a 35% stake in three of the Italian company’s...

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

ADES International is renewing its contract for the ultra-shallow water Admarine 67 rig for a client in Saudi Arabia...

Crude oil and condensates production in Oman exceeded more than 30 million barrels in November, with a daily average...

Iran plans to boost gas production from the South Pars field, the world’s largest gas field, to 630 million...

The Abu Dhabi National Oil Company (ADNOC) has successfully loaded liquefied petroleum gas (LPG) and propylene onto the same...

The Emirates National Oil Company (ENOC) plans to establish 45 service stations in Saudi Arabia over the next five...

Oil production from Halfaya oilfield in Iraq has increased by 100,000 barrels per day (b/d) to reach 370,000 b/d, an...