Oil prices reached $80 a barrel on May 17, driven by concerns over falling supplies due to renewed US...

The Organization of Petroleum Exporting Countries (OPEC) has more important issues to consider than the US decision to withdraw...

Saudi Aramco and Malaysian national oil company Petronas have launched their joint ventures in refining and petrochemicals located in...

Libya’s offshore Bahr al-Salam gas field has resumed production at 380 million cubic feet per day after completing upgrades...

Qatar Petroleum (QP) has invited companies to bid for development and operation contracts for a new petrochemicals complex at...

Abu Dhabi National Oil Company (ADNOC) and Spain’s Cepsa have signed a project development agreement for a new linear...

Oman has signed agreements with Shell and Total to develop its natural gas fields, The National reported. The companies...

Oman Trading International Limited (OTI) has agreed a ten-year deal with state-run Bangladeshi oil company Petrobangla for the supply...

Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the...

The Kuwaiti parliament has renewed confidence in Minister of Oil and Minister of Electricity and Water Bakheet Al-Rashidi in...