The Petroleum Arrows Company recorded a 27% year-on-year (YoY) increase in net profit during fiscal year (FY) 2025, driven...

Town Gas recorded total revenues of approximately EGP 4.8 billion during fiscal year (FY) 2025, a 20% increase compared...

President Abdel Fattah El-Sisi has ratified two laws authorizing new petroleum exploration and production agreements in North Sinai offshore...

Saipem has won two new offshore contracts in the Saudi Arabia under its Long-Term Agreement with Aramco, in the...

The US came close to becoming a net crude exporter for the first time since World War II, as...

Tharwa Petroleum Company, a state-owned company, recorded strong operational and production results in 2025, achieving a 15% increase in...

Refined oil product inventories in Fujairah, the United Arab Emirates (UAE), dropped below 10 million barrels (mmbbl) on April...

The US will not renew a 30-day sanctions waiver on Iranian oil shipments at sea set to expire this...

A consortium comprising US oil major ExxonMobil, Energean, and Greece’s leading refiner Helleniq Energy is set to sign a...

bp reported that upstream production in the first quarter (Q1) of 2026 is expected to remain broadly stable compared...