Egypt is edging closer to repaying its debts to foreign petroleum companies after paying $1.2 billion to International Oil...

The temporary closure of the Bab al-Mandeb strait has a limited impact on Kuwaiti oil shipments as only 10%...

Energy Recovery Inc. announced a $3.3 million order to supply its PX Pressure Exchanger for a water desalination project...

The Egyptian budget deficit for fiscal year (FY) 2017/18 was 9.8% of gross domestic product (GDP), a decrease from...

The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is...

Iran is preparing to bring two new gas refineries that cover phases 13, 22, and 24 of the South...

The UAE’s Department of Energy (DoE) has issued a license for generating electricity to Barakah One Company, a key...

Egypt’s monthly gas production increased by 500,000 tons in May 2018, Amwal Al Ghad reported. The country produced 3.9...

Turkey has rejected US pleas to curtail crude imports from Iran, telling US officials that it is under no...

Saudi Arabia is “temporarily halting” all oil shipments through the Red Sea due to an attack on two oil...