KSA is third biggest producer of ethylene in the world

The Kingdom earned $17 billion from the sale of ethylene in 2016, helping it to ease its reliance on unrefined crude exports...

Iraq calls for increase in oil production levels

Iraq is already OPEC’s second largest producer, pumping in excess of 4.5 million barrels of crude oil per day. The country has...

SDX finds oil and gas in Egypt

The initial interpretation of the data set has identified numerous leads and prospects in the Abu Madi section as well as the...

ADNOC to consolidate ADMA-OPCO and ZADCO

The consolidation is expected to yield significant financial and operational benefits. The new company resulting from this...

QP and Dolphin Energy sign long term gas deal

The agreement was reached and signed in the framework of the cooperation between the State of Qatar and the United Arab Emirates,...

ENOC focuses on sustainability for Dubai 2021 initiative

ENOC has achieved significant results through its sustainability initiatives over the years, recording a cumulative total of US$7...

Barkindo: Production freeze highlights OPEC’s commitment to ‘sustainable stability’

OPEC's will limit its production levels to a maximum of 33 million barrels per day. The cartel will ratify the agreement in...

Qatargas and Pakistan’s GEIL sign 20-year LNG deal

Under the terms of the agreement, Qatargas will supply 1.3 million tonnes per annum of LNG to Pakistan for 20 years, with...

OPEC agrees oil output cut

OPEC has finally agreed to a preliminary deal to cut oil production for the first time in eight years, that has sent oil prices...

BP agrees new concession amendments in Egypt

UK's BP has signed concession amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt with the...