Iran and international consortium Pergas have signed a preliminary deal for the development of an oil field in southwestern...

Abu Dhabi National Oil Company (ADNOC) and the Belgium-based Ravago Group have signed a Memorandum of Understanding (MoU) to...

Saudi crude exports fell to 7.122 million barrels per day (mb/d) in March 2018 from 7.251 mb/d in February,...

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...