The Ministry of Electricity will announce on June 13 the winning consortium to build the 6,000-megawatt coal-fired power plant...

Iran has sold its first cargo of West Karoun crude oil to Repsol, Reuters reported. The Spanish company agreed...

State-owned Qatar Petroleum has acquired a 30% equity stake in the Vaca Muerta shale basin in Argentina after an...

Iraq has begun deliveries of crude oil from Kirkuk to Iran, while Tehran will export a similar amount to...

Minister of Petroleum Tarek El Molla and the president of Egyptian Natural Gas Holding (EGAS) are considering linking 684,000...

Kuwait National Petroleum Company (KNPC) plans to float a tender worth $8.3 million on June 17 for the purchase...

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

Qalaa Holdings has announced the establishment of a new joint venture between its subsidiary TAQA Arabia and BP subsidiary...

Apache will start drilling new oil wells in the East Bahariya concession in the Western Desert during Q3 2018,...

Abu Dhabi National Oil Company (ADNOC) will cut crude oil allocations in July as a part of the OPEC...