Higher international oil prices helped Saudi Arabia shrink its budget deficit by 71% from the first quarter of 2016...

The Philippines National Oil Company’s (PNOC) President, Pedro Aquino, stated the company plans to import from 250,000b/d to 260,000b/d...

EnerMech and Khudairi Group launched a joint venture (JV) in Iraq to target both the re-emerging oil and gas...

Libyan oil production has risen to 796,000b/d as the country pushes up output from the newly restarted Sharara and...

Iran has plans to raise its crude oil production capacity by 3mb/d, Trade Arabia reported, citing a top official...

Iran is conducting negotiations with a number of neighboring countries, including Iraq, to export natural gas, Tasnim News Agency...

Saudi Arabia’s Oil Minister, Khalid al-Falih, announced on the 8th of May that oil producers would “do whatever it takes”...

Iraq’s Oil Ministry asked foreign companies and investors to bid for a project to build and operate a 300,000b/d...

The head of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, held talks with the Polish Oil and Gas Company (POGC)’s...

Oil hovered around $46 per barrel in New York, back to levels last seen before the deal to cut...