The majority of Saudi Aramco’s profits in the first six months of 2017 came from its upstream ventures, with...

Kuwait Petroleum Corporation plans to invest $113 billion over the next five years with the aim of boosting oil...

Basra Light crude imports to the Louisiana Offshore Oil Port (LOOP) have risen by more than 4.4 million barrels...

The majority of OPEC and independent oil producing countries support turning the OPEC non-OPEC agreement into a long-term producers’...

South Korean imports of Iranian crude oil dropped by 39.3% year-on-year (Y.o.Y) in March, the county’s customs data showed,...

Oman and Iran have agreed to finalize a cooperation pact for an offshore pipeline project from the Islamic Republic...

The daily output from South Pars gas field will rise by 84 million cubic meters (mcm) to 654 million...

Indian company Essar Oil has paid $2.5 billion in debt to Iran, Reuters reported. The company delayed paying for...

Kuwait Oil Minister Bakhit Al-Rashidi said on April 16 that market conditions would determine whether OPEC’s agreement with non-OPEC...

Iraq has postponed its bidding session for 11 new blocks until April 25, Reuters reported. The bidding round was...