Total has signed a concession agreement with Algerian state-owned Sonatrach, Repsol, and Alnaft for a 25-year licence extension for...

Iraq’s State Oil Marketing Organization (SOMO) has raised its oil selling price for July exports of Basra Light and...

Two Russian firms are reportedly preparing bids and technical proposals to develop the Shadegan oil field in southern Iran,...

German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies, Egypt Oil &...

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

Iran is planning to increase its oil production by 460 million barrels over the next three years, according to...

Minister of Petroleum Tarek El Molla has appointed chemist Tarek Mohamed Galal as the new head of the Egyptian...

Pergas International Consortium will replace international companies unable to continue work in Iran because of the upcoming reimposition of...

Egypt’s annual headline consumer price inflation (CPI) fell 1.7% in May 2018, Reuters reported. Figures published by the Central...

Oil pipelines between Saudi Arabia and Bahrain are expected to be completed during 2018, according to Bahrain’s Oil Minister...