Petro Paydar Iranian Company, a subsidiary of Khatam HQ, intends to award the construction and installation of the steel ...

In recent years, Iran’s economy has found itself in a state that can aptly be described as a “developmental limbo.” ...

Turkey has discovered a new natural gas reserve of 75 billion cubic meters (bcm) in the Black Sea, President Recep Tayyip ...

Iranian Gas Engineering and Development Co. (IGEDC), during a visit to the progress of the second phase of the gas storage ...

US operator EOG Resources has been awarded a new onshore oil exploration concession in the UAE by Abu Dhabi’s Supreme Council ...

Director of Exploration at the National Iranian Oil Company (NIOC), visited the Qalikouh oil shale site in Lorestan province, ...

As of May 16, 2025, the United States and Iran are reportedly nearing a new nuclear agreement, though significant challenges ...

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.

Chinese contractor China Petroleum Engineering & Construction Corporation (CPECC) has received a letter of award from TotalEnergies for the Ratawi gas processing plant in Iraq.

Adnoc’s international investment company XRG has acquired a 38% stake in an offshore natural gas condensate project in Turkmenistan from Malaysia's Petronas.

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 ...