Saudi Arabia aims to diversify its economy as part of the country’s long-term economic transformation plan, Finance Minister Mohammed Al-Jadaan tells Bloomberg at the World Economic Forum in Davos, ...

As a founding OPEC member, this development is anticipated to enhance Iraq's significance in global energy markets towards nearly 5 million bpd.

Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the country's energy ministry.

Saudi Gazette report RIYADH — Saudi Arabia's crude oil exports jumped to their highest level in eight months in November 2024. According to the data published by the Joint Organizations Data ...

Oil was under pressure on Tuesday morning as Donald Trump started his first day in office, with bearish sentiment outweighing bullish his promises.

Offshore oil & gas is set for a US$54bn EPC boom in 2025, fuelled by subsea tech, floating platforms and LNG projects — ...

By John Lee. The state-owned Iraqi Drilling Company (IDC) has signed a contract with Angola's Sonangol to drill 10 ...

Kuwait Oil company announced on Monday discovery of commercial volumes of hydrocarbon materials in the maritime Al-Jlaiaa ...

Libya’s state National Oil Corporation (NOC) yesterday praised the success achieved by the Arabian Gulf Oil Company (AGOCO) ...

As Kuwait prepares to enter a new phase of development, a series of notable achievements have strengthened its position both ...

In an aim to diversify, Saudi Arabia plans to mine lithium by 2027, aligning with its Vision 2030 for economic ...

The UAE state giant recently sought EoIs from leading domestic and international contractors for work on an integrated EPC ...