The 12 members of the Organization of the Petroleum Exporting Countries (OPEC) pumped an average 27.98 million barrels per...

Drilling of the Farha South -3 well on Block 3 onshore Oman has been completed. Preliminary production flow of...

Dana Gas, the Middle East’s first and largest regional private sector natural gas company, is pleased to announce that...

South Korea expects a $3.55 billion oil development agreement signed with Iraq in February to proceed without a hitch...

State-owned Kuwait Oil Co. (KOC) announced on Sunday that it has awarded a 403-million-dollar contract to China Petroleum and...

The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) shed last week’s gains Monday...

The GCC is not expected to decrease its spending on power infrastructure due to the continuous increase in electricity...

Vanishing gasoline demand from the United States and a long-term fall in local oil use mean Europe’s refiners are...

Russian energy giant Gazprom has signed an agreement with a Nigerian firm to analyse three oil blocks in northern...

The new Abuqir Petroleum Company – established in January 15, 2009 between EGPC, Egyptian General Petroleum Corporation (50%) and...