Most OPEC members favor an extension of the production-cut agreement, the Iranian Minster of Petroleum, Bijan Zangeneh, stated, according...

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

The Iraqi oil-marketing firm, SOMO, awarded contracts for diesel importation to ZhenHua Oil, BB Energy, Litasco, and Lima, sources...

Vantage Drilling International and ADES International Holding agreed to form a deepwater-drilling joint venture in Egypt, Egypt Oil &...

Egypt will pay $750 million toward its arrears to international oil companies (IOCs) by the end of 2017, the...

Egypt plans to offer a liquefied natural gas (LNG) import tender during the first quarter of 2018, the Minister...

Fugro has deployed a new survey vessel to Egypt to conduct sampling at the Zohr natural gas field, Egypt...

Saudi Aramco is considering exporting crude oil to Egypt for refining, Reuters reports. Negotiations between Egypt and the Saudi...

Rosneft plans to invest more than $2 billion in the Zohr natural gas field, the company announced, according to...

Abu Dhabi National Oil Company (ADNOC) officially announced the partial initial public offering (IPO) of its retail division, Bloomberg...