The Ministry of Petroleum and Mineral Resources hosted a safety stand-down event on November 28 to highlight the importance...

The Ministry of Petroleum and Mineral Resources plans to increase natural gas production by 1.9 billion cubic feet per...

Saudi Arabia’s crude exports to China rose in October even as the Asian giant reduced oil imports, Platts reports....

OPEC and its oil-producing allies are considering a modification of the proposed nine-month extension of the production-cut agreement, Reuters...

OECD commercial oil inventories fell to 140 million barrels over their five-year average in October, according to Mohammad Barkindo,...

Iraq plans to channel most of the output from the disputed Kirkuk oilfields to Iraqi oil refineries, an Iraqi...

With lower crude prices and abundant world supply, pre-export financing (PXF) is an increasing attractive option for state-owned oil...

Saudi Aramco is planning new investments in the petrochemicals sector, the company’s CEO, Amin Nasser, told Reuters. These investments...

The Abu Dhabi National Oil Company plans to invest approximately $109 billion over the next five years to strengthen...

China National Petroleum Corporation (CNPC) is interesting in developing the Majnoon oilfield in Iraq, Reuters reports. A number of...