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...

Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and...

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Saudi Aramco has agreed eight deals worth $10 billion with French companies during Crown Prince Mohammed bin Salman’s visit...

Kuwaiti oil minister Bakheet Al-Rashidi told Kuwait News Agency (KUNA) on April 9 that the overhaul at the Al-Duqm...

Iran plans to halve its gasoline imports during summer 2018, the Financial Tribune reported. Mohammad Reza Mousavikhah, head of...

By: Omnia Farrag Cyprus is exerting strenuous efforts to boost oil and gas activities in its Mediterranean waters. Besides...

By Mariana Somensi DEA Deutsche Erdoel AG, an international operator in the field of exploration and production of crude...