Even as OPEC appears to be on course to re-extend its production-cut agreement with other oil producers, the group...

The Kuwaiti Al Arfaj Group signed a memorandum of understanding to build a 600,000 barrel per day (b/d) oil...

Oil investments are rising again due to the reduction in global oil stocks and an improving global economy, the...

Despite positive signs in the oil market, Saudi Arabia remains committed to further drawing down global oil stocks, the...

The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments, the company’s...

Russian and Saudi ministers will meet early next month to discuss global oil markets and the future of the...

Russia maintained its position as the top crude oil exporter to China for the seventh month in a row,...

Tecnicas Reunidas, Saipem, and Samsung E&C are the primary contenders for a contract from Saudi Aramco for the construction...

Algeria reported a 19% increase in its oil and gas exports during the first three quarters of 2017, Zawya...

Production from Iran’s Yadavaran oilfield has reached 112,000 barrels per day (b/d), according to Hadi Nazarpour, an official overseeing...