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...

Kuwait will continue its crude oil production, exploration and supply to the domestic market despite suffering from torrential rainfalls,...

Iraq has restarted exporting oil from Kirkuk after being interrupted for a year due to conflicts between the central...

The Abu Dhabi National Oil Company (ADNOC) will increase its In Country Value (ICV) spending on local goods and...

The Ministry of Electricity and Renewable Resources has agreed with Saudi renewable energy company ACWA Power the purchasing price...

Oil prices have dropped by more than $20 since October, falling to $65.37 per barrel on November 13 from...

Qatar has named Saad al-Kaabi as the head of its OPEC delegation, replacing Mohammed al-Sada, OPEC announced on its...