The Egyptian Drilling Company (EDC) has announced that it managed to increase it market share within the onshore drilling market by 80% during 2020 despite the challenges of the pandemic compared to 60% in 2019.

The Egyptian International Gas Technology (Gastec) owns 52% of the market share of the total natural gas sales for cars.

Saudi Arabia, the world's top oil exporter, will limit volumes of crude oil to some Asian buyers in July.

Figures show that Saudi Arabia has lost a significant share of South Korea’s oil market to Iran, as South Korea doubled its imports of Iranian crude in January.

Puma Energy plans to increase its market share in the South African fuel sector from the current 3 % to 8 % by 2021.

State oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January.

Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.

The International Energy Agency cited market sources on Friday as saying Tehran would be able to sell at least an extra 400,000 b/d to buyers in Asia and Europe when the sanctions are lifted.

Saudi Arabia has reduced its official selling price for Medium grade crude to Asia for November to a discount of $3.20 a barrel

Austrian President Heinz Fischer arrived in Tehran on Monday at the head of leading business delegates to review potential trade relations with the Islamic republic