Eni’s CEO, Claudio Descalzi, has signed a Memorandum of Understanding (MoU) with Saipem’s CEO, Stefano Cao, to cooperate on...

Russian Rosneft Company announced achieving new large gas discovery in the Arctic Kara Sea, S&P Global Platts reported. This...

Libya’s crude oil and condensate exports are expected to reach 1.24 million barrels per day (mmbl/d) in December, recording...

The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading...

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has assigned Mohamed Maged Bekhiet as the Chairman of...

The Minister of Planning and Economic Development, Hala Al Said, announced that 37 petroleum projects were implemented with total...

China’s General Administration Customs data announced that the imports of crude oil has risen to 11.04 million barrels per...

As the world cast around for clean and efficient alternative sources of energy to reduce greenhouse gas emissions and...

Australian company Santos announced that it had signed a binding long-term liquefied natural gas (LNG) Supply and Purchase Agreement...

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience....