Brooge Petroleum plans to boost Fujairah crude storage capacity

Brooge Petroleum and Gas Investment Co (BPGIC) announced plans to increase Fujairah capacity for crude storage to 3.5 million...

ADES wins offshore Egypt well drilling contract

ADES International was awarded a deep-water well drilling contract in offshore Egypt by an undisclosed operator.

Libya restarts production from Ras Lanuf polyethylene plant

Libya’s Ras Lanuf Oil and Gas Processing Company (RASCO) has resumed production at its polyethylene factory, which had been shut...

ADNOC to boost partnerships for growth and reliable production

Abu Dhabi National Oil Company (ADNOC) is creating new opportunities for partnerships and investments to drive reliable production...

Turkish ship to begin drilling south of Cyprus

Turkish drillship Yavuz will begin drilling for oil and gas southwest of Cyprus by Tuesday, Energy Minister Fatih Donmez said...

CNPC withdraws from South Pars 11, Petropars to develop field

China National Petroleum Corp. (CNPC) has pulled out of a development contract for Iran’s offshore field South Pars Phase 11...

OPEC signs research cooperation MoU

OPEC and the Gas Exporting Countries Forum signed an MoU to strengthen cooperation in research and the sharing of best...

Sipchem signs with Hoyer to expand petchem distribution

Sahara International Petrochemical Company (Sipchem) signed a Letter of Intent (LOI) with Hoyer Middle East to expand the reach of...

Saudi Aramco restores output after attacks –energy minister

Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of Saudi...

ADNOC looks at issuing new bond to leverage low rates

ADNOC is considering a possible bond issue to take advantage of low interest rates, its chief financial officer said...