News
US operator EOG Resources has been awarded a new onshore oil exploration concession in the UAE by Abu Dhabi’s Supreme Council ...
Iranian Gas Engineering and Development Co. (IGEDC), during a visit to the progress of the second phase of the gas storage ...
Director of Exploration at the National Iranian Oil Company (NIOC), visited the Qalikouh oil shale site in Lorestan province, ...
Saudi Aramco has announced the signing of 34 memorandums of understanding (MOUs) and agreements with major US companies, potentially totaling around $90bn (SR337.5bn) in value.
Adnoc’s international investment company XRG has acquired a 38% stake in an offshore natural gas condensate project in Turkmenistan from Malaysia's Petronas.
Chinese contractor China Petroleum Engineering & Construction Corporation (CPECC) has received a letter of award from TotalEnergies for the Ratawi gas processing plant in Iraq.
As of May 16, 2025, the United States and Iran are reportedly nearing a new nuclear agreement, though significant challenges ...
The Eurasian Economic Union (EEU) free trade deal with Iran went into effect on Thursday, paving the way for increased trade ...
Oil Market Report’ is a monthly publication of the OPEC Secretariat focusing on short-term developments in the global oil ...
Based on reports published by the Central Bank of Iran, the country’s oil and gas exports reached over $67 billion in last ...
According to secondary sources, total OPEC-12 crude oil production averaged 26.710 mb/d in April 2025, which is 62 tb/d lower ...
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