The Abu Dhabi Oil Company (ADNOC) has revealed plans to boost its production capacity to 5 million barrels per...

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

The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the...

Emirates National Oil Company (ENOC) is planning to undertake a month-long maintenance for its 140,000 barrels per day (b/d)...

Abu Dhabi’s National Petroleum Construction Co. (NPCC) announced on October 2 that it had won a $231 million construction...

China’s Zhenhua Oil is expected to sign an agreement with Iraq’s State Oil Marketing Organization (SOMO) to establish a...

State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial...

A Turkish Oil Ship has started to drill for oil and gas in the Mediterranean Sea on October 31,...

The Iraqi oil ministry aims to increase the country’s oil production capacity and further support foreign oil companies to...

The Kuwait Petroleum Company (KPC) has signed a contract to supply crude oil to a privately owned Chinese oil...