Eight OPEC+ member nations agreed to maintain their pause on planned oil production increases during a virtual meeting held on February 1. The group cited seasonal demand factors and ongoing market uncertainty as ...
Ganoub El Wadi Petroleum Holding Company (Ganope) and its subsidiaries produced about 12 million barrels of crude oil during fiscal year (FY) 2024/25. This averaged approximately 32,500 barrels per day (b/d), a 6% ...
Dana Gas, one of the major natural gas companies in the Middle East, reported a 1% increase in net profits during the H1 2025,compared to the same period of last year to reach AED 270 million ($73 million) than ...
OPEC+, a collaboration between OPEC and other oil-producing nations led by Russia, will introduce a 411,000 barrels per day (bbl/d) hike in its production in June, mirroring the surge it adopted in May.
The National Iranian Gas Company (NIGC) announced that it delivered a total of 6.49 billion cubic meters (bcm) of natural gas to the industrial sector, including power plants, petrochemical units, steel producers, ...
Sinopec, China's state-owned oil and gas giant, has announced that it is now pumping 1,600 metric tons per day of shale oil at its pilot project in Jiyang, east China, an increase from the 100 tons it was producin ...
The Iranian Minister of Oil, Javad Owji, stated that the country’s oil production capacity has increase by 40% since two years.
The total Oman local output of natural gas has reached 26.19 billion cubic meters (bcm) until the end of June 2023, increasing by 2.3% compared to the same period in 2022, which amounted to 25.60 bcm.
According to data released by the Energy Institute (EI), Iran's natural gas exports has reached 18.9 billion cubic meters (bcm) in 2022, increasing by 9% compared to 17.3 bcm in 2021, IRNA reported.
ExxonMobil declared its next five-year corporate plan, with a significant increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. ...
