Iraq is reconsidering its previously announced plan to switch its price benchmark for Asian-bound crude from the Platts’ Oman-Dubai...

Alexandria Petroleum Company announced its latest investment figures, which amount to EGP 33.9 billion, Egypt Oil & Gas reports. Investments...

The Iranian company, Mabna, accepted a contract from the Syrian government to import five gas-powered units for use in...

The Managing Director of the National Iranian Oil Company (NIOC), Ali Kardor, projects that Iran will be producing 4.5...

Royal Dutch Shell is looking to conclude its operations at Iraq’s Majnoon oilfield, Reuters reports. The company will transfer...

Advanced Energy Systems (ADES Group) International Holding experienced an 11% drop in pretax profits during the first half of...

Saudi Aramco is increasing its crude oil reserves in Japan by 1.9 million barrels, Reuters reports. With the 1.9...

Net foreign direct investment (FDI) in the oil sector rose by 135% in fiscal year (FY) 2016/2017, according to...

The International Energy Agency (IEA) increased its growth estimate for global oil demand in 2017 to 1.6 million barrels...

Siemens has completed 90% of its three electricity-generating power plants in Egypt, according to the Egyptian Minister of Electricity...