Kuwaiti Oil Minister Tariq Al-Roumi announced that bid rounds for the long-delayed Durra offshore oil and gas field are...

Eight OPEC+ member nations agreed to maintain their pause on planned oil production increases during a virtual meeting held...

Karim Badawi, the Minister of Petroleum and Mineral Resources, has appointed  Sayed Ahmed Abdel Fattah Selim as Executive Managing...

ExxonMobil reported full-year 2025 earnings of $28.8 billion, according to the company’s latest financial results. This figure represents a...

US energy majors ExxonMobil and Chevron have expressed tentative interest in re-engaging with Venezuela’s petroleum sector following the easing...

US private equity giant Carlyle has initiated exploratory talks with state-linked investors in the United Arab Emirates (UAE) to...

On the sidelines of Baker Hughes Annual Meeting 2026 held in Florence, Italy, the Minister of Petroleum and Mineral...

On the sidelines of Baker Hughes annual meeting, held in Florence, Italy, under the theme “The Energy Equation”,  Minister...

U.S. oil major Chevron is pressing Iraq to improve returns on the giant West Qurna 2 oilfield as a...

ADNOC and Abu Dhabi National Energy Company (TAQA) have signed a 27-year Utilities Purchase Agreement (UPA) to provide critical...