Sound Energy, the Moroccan upstream gas company, plans to abandon the TE-9 well due to the lack of producible...

Saudi Arabia’s crude production hit record highs in early November following large orders made in early October in preparation...

Dana Gas and its partner Crescent Petroleum have announced a 30% increase of the production capacity of the Khor...

Iraq oil exports from Kirkuk could reach 400,000 barrels per day (b/d), up from 300,000 b/d before production was...

Arabtec Holding subsidiary Target Engineering has won a $141.8 million construction contract for the Abu Dhabi National Oil Company’s...

The Gulf Cooperation Council (GCC) and Africa will experience higher economic growth in 2019, Moody’s Investors Service said in...

The Organization of the Petroleum Exporting Countries (OPEC) are expected to agree oil production cuts starting from December, sources...

The Kuwait Oil Company (KOC) has signed contracts worth $1.3 billion to buy over 86 drilling rigs, Kuwait Times...

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

The Abu Dhabi National Oil Company (ADNOC) signed an agreement with Mubadala investment group on November 14 to explore...