Saudi Aramco could decrease the official selling price (OSP) differentials of crude oil bound for Asia in December, traders...

Oil prices increased by 1% on October 31, a week before US sanctions are introduced against Iran’s energy sector,...

Libya’s al-Bayda oilfield has resumed operations following five months of inactivity due to heavy fighting, a field engineer told...

UAE Emirate Ras Al Khaimah, the owner of RAK Gas, announced on October 29 the signing of an oil...

The Bahraini cabinet approved full ownership of oil spill service companies by foreign firms and investors on October 29,...

Egyptian petroleum minister, Tarek El Molla, met the Spanish ambassador to Egypt, Arturo Avello, at the end of his...

Egypt is expected to begin operating the 100-MW first phase of the electricity link with Sudan by the end...

State-owned Algerian firm Sonatrach has signed two offshore exploration contracts with oil majors Total and Eni, according to Reuters....

Saudi Basic Industries Corp (SABIC) has announced a net profit of $1.6 billion in Q3 2018 on the back...

South Korean Hyundai Engineering & Construction announced it has canceled a $521 million agreement to build a petrochemicals complex...