The Organization of Petroleum Exporting Countries’ (OPEC) Secretary-General, Mohammed Barkindo, disclosed that OPEC lost $1t to dwindling oil prices,...

Iran is looking to raise production capacity from joint fields with Iraq by more than 10% in the first...

The Middle East is the only region to buck the downward trend in offshore supply vessels (OSV) over the...

Iraq’s Kurdistan has increased the loans guaranteed by future oil sales to $3b in new deals with trading houses...

Non-OPEC producer Oman intends to pump an average of 1mb/d in 2017 despite the 45,000b/d production cut it had...

Indonesia’s state-owned energy company, Pertamina, will submit proposals to Iran to explore two oil fields in the country, Oil...

Algeria’s Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp...

Kuwait’s crude oil exports to China in January edged down 1.8% from January 2016 to 1.07m tons, equivalent to...

German Siemens will deliver four SGT-700 gas turbines for a major petrochemical project in Oman, informed SAT Press Releases. Two...

Dubai-based Dar Group has bought a 13.35% stake in the oilfield services provider WorleyParsons after its takeover bid in...