Browsing: Middle East

A record oversupply of oil will be bigger than previously estimated and the excess is already starting to build up…

Oil fell as escalating trade tensions between China and the US diminished demand for risky assets while the International Energy…

In a statement sent to Rigzone by the BP team on Monday, BP announced the award of a rig contract…

Shell PLC on Tuesday announced a final investment decision (FID) to develop the HI field to supply up to 350…

The impact from Ukrainian drone strikes will suppress Russia’s refinery processing rates until at least mid-2026, the International Energy Agency…

Repsol SA has declared a “technological milestone” with the start of “industrial-scale” production of 100 percent renewable gasoline at its…

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…