Browsing: Middle East

North America added one rig week on week, according to Baker Hughes’ latest North America rotary rig count, which was…

Sonatrach signed a production sharing contract (PSC) with Midad Energy for the Illizi South area, nearly 100 kilometers (62.14 miles)…

Valeura Energy Inc has completed a 10-well infill drilling campaign at the Nong Yao oilfield in the Gulf of Thailand,…

Oil stayed under $60 after the White House signaled openness to reaching a deal with China to quell fresh trade…

Russian President Vladimir Putin relaxed the rules on fuel subsidies to the nation’s refiners, allowing them to continue receiving billions…

In its latest short term energy outlook (STEO), which was released on October 7, the U.S. Energy Information Administration (EIA)…

OPEC kept its outlook for the oil market unchanged as the group and its allies continue to add barrels to…

BP PLC signed an agreement to sell adjoining production and exploration assets on the United Kingdom’s side of the North…

The boards of Sintana Energy Inc and Challenger Energy Group PLC have agreed on the terms of Sintana’s acquisition of…

Oil prices are rebounding modestly after last week’s sharp declines driven by U.S.-China tensions and demand destruction fears, XMArabia Analyst…