Russian presidential aide Yuri Ushakov announced on April 2 that Russia could invest more than $50 billion in Iranian...

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

Qatargas announced signing a memorandum of understanding (MoU) with the Electricity Generating Authority of Thailand (EGAT) for Liquid Natural...

The Iraqi cabinet approved a plan to increase the county’s oil production capacity to 6.5 million barrels per day...

Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the...

China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the...

Anadarko, Total, Eni, and Statoil are interested in joining the Algerian state oil company Sonatrach to develop offshore drilling...

Iraq exported 3.453 million barrels per day (mb/d) of crude oil from its southern ports in March, a slight...

Bahrain announced on April 1st the discovery of a new tight oil and deep gas field off the west...

Iraq may have double the current estimated amount of oil reserves, according to the country’s oil minister Jabar Al-Luaibi...