Kuwait Petroleum Corporation (KPC) announced that Kuwait’s crude oil exporting contracts have recently increased by 28% with Japan, and...

An Indian Oil Corp unit plans to invest $5.5b to gradually raise the capacity of its smallest refinery co-owned...

A UK court has ruled that BP must pay more than $68m to the National Bank of Abu Dhabi...

Chairman of the Libyan National Oil Corporation, Mustafa Sanallah, disclosed that Libya’s oil production had dropped to 523,000b/d, due...

A Chinese company has expressed readiness to invest in Iran’s petrochemical catalysts project with a total investment of $400m,...

Israel’s Paz Oil announced that the company signed a deal worth up to $700m to buy 3.12bcm of natural...

Iran and Croatia entered talks over expansion of mutual ties in the oil and gas industry, according to Tehran’s Deputy...

OPEC will debate an oil output cut of between 4.0-4.5% for all of its members except Libya and Nigeria...

The Algerian state-owned company Sonatrach and Spain’s Cepsa signed an agreement to extend partnership contracts for the Rhourde El Krouf...

Libya’s Waha Oil Company announced that its production has reached more than 75,000b/d through the Waha and Samah fields....