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...

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

Russia’s Lukoil, in conjunction with local state-run Basra Oil Company, aims to double production from Iraq’s West Qurna-2 oil...

Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s...

Abu Dhabi National Oil Company (ADNOC) announced on May 13 plans to invest almost $50 billion over five years...

Bahrain will “stick to the course” of its plans for economic diversification despite the recent discovery of the country’s...

Saudi Basic Industries Corp (SABIC) is looking to purchase around 50% of the $4.6 billion Indian petchem project backed...

By Felix Fallon Affirmative action programs, those that attempt to redress diversity disparities in the workforce, are no longer...