Saudi Aramco has announced that it will choose between six companies to develop the $6 billion Berri Offshore Oilfield...

Kuwaiti crude oil exports to Japan fell 5.3% in July year-on-year (YOY) to 216,000 barrels per day (b/d), the...

The Tunisian government has increased fuel prices for the fourth time in 2018, raising them by about 4% as...

Libya’s oil production has increased after the Amal and As-Sarah oilfields in the east of the country resumed operations,...

Italian Maire Tecnimont has been provisionally awarded an engineering, procurement, and construction (EPC) contract worth $248 million by Algerian...

Japanese oil distributors plan to suspend Iranian crude imports in October before US sanctions become effective on November 4,...

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

Greek company Hellenic Petroleum suspended purchases of Iranian crude oil in June because of the recently reimposed US sanctions,...

Abu Dhabi National Oil Company (ADNOC) Gas Processing has awarded a $1 billion gas production contract to a joint...

Schlumberger officials have updated the government about the recent developments regarding the company’s seismic surveys in the Red Sea...