The Egyptian Cabinet has approved the $200 million loan agreement with the European Bank for Reconstruction and Development (EBRD),...

Algeria’s state-owned Sonatrach signed a deal with Vitol Group to send Algerian crude oil to be refined in Italy....

Iran’s oil exports to India reached 550,000 barrels per day (b/d) in December 2017, corresponding to a 78% increase...

The General Petroleum Company (GPC) plans to drill 5 exploratory wells and 13 development wells, as well as maintain...

Oman will host the 7th meeting of Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting...

Egyptian output of petroleum products has increased by 6.3% in 13 fiscal years (FYs) to reach 28.9 million metric...

Egypt has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab...

Diesel consumption in the Egyptian market reached around 305,000 tons per week across all sectors, Abed Ezz El Regal,...

Fitch Ratings reviewed the Outlook on Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) and changed it to Positive from...

Kuwait National Petroleum Company (KNPC) has packed a deal with Combined Group Contracting Company (CGC) to establish 10 new...