Saudi Arabia’s Arkad is forming a joint venture with Swiss ABB Ltd. in order to extend its operations throughout...

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

The central government is negotiating an agreement with Turkey to export oil from Iraqi Kurdistan and Kirkuk through the...

Italy seized a smuggling vessel sailing from Libya bearing 100 tons of diesel, indicating that fuel smuggling from Libya...

Oil producers must do more to reduce the global oversupply of crude oil, the Saudi Energy Minister, Khalid El...

As Egypt’s famous mega gas field Zohr nears its official production date, many speculations revolve around how soon it...

Production from the Libyan oilfield, Sara, has fallen by 50,000 barrels per day (b/d), according to the National Oil...

Officials from Saudi Arabia and Kazakhstan noted the importance of ongoing production cuts during a recent meeting in Uzbekistan,...

Last week Saudi Arabia and the UAE raised their official selling prices (OSPs) for December, Platts reports. The OSPs...

The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt, the company’s CEO, Panos Kelamis,...