Petrochemicals company Borouge, a joint venture between Abu Dhabi National Oil Company and European plastics giant Borealis, has signed...

The New York Mercantile Exchange’s benchmark, the West Texas Intermediate light sweet crude nearby futures contract, continued to decline...

Tharwa Petroleum Company announced the discovery of natural gas from Al-Theka area, in the Mediterranean Sea, with an estimated...

The Egyptian Ministry of Petroleum achieved unprecedented record of curde oil production, which hit an average daily production of...

TransGlobe has provided an update on recent production increases and drilling activities on its Hana West field at West...

Halliburton has been awarded long-term high-value contracts by BP Angola. BP’s Angola Program covers up to four developments, to...

Iraq’s monthly crude oil exports increased to an average of 1.893 million barrels per day (bpd) in January, boosted...

Fourth Quarter Highlights• Net income was $7,820 million, a decrease of 33% or $3,840 million from the fourth quarter...

Bahrain and Royal Dutch Shell signed an agreement to study gas imports to meet the kingdom’s growing demand. Bahrain,...

Dana Gas, one of the region’s largest privately-owned gas companies, reported an eight per cent increase in net profits...