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The Cabinet, chaired by Prime Minister Mostafa Madbouly, approved Wednesday the use of the R-Factor (Profitability Factor) in certain petroleum…
TotalEnergies, the world’s third-largest LNG player, has signed a 20-year agreement to buy million tons per annum (mtpa) of LNG…
Abu Dhabi’s XRG has finalized a deal to partner with Malaysia’s Petronas in Turkmenistan’s upstream sector. In a 14 May…
Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy, stated that its LNG…
The Ministry of Petroleum and Mineral Resources announced Tuesday a new agreement with Ardiseis, a subsidiary of Arabian Geophysical and…
Kuwait is examining a new contract model for IOCs operating in the country as it targets a 1mn b/d increase…
Minister of Petroleum and Mineral Resources Karim Badawi met with Minister of Electricity and Renewable Energy Mahmoud Esmat to review…
Saudi Arabia is making inroads in bringing down its astronomically high oil burn levels says Aramco CEO Amin Nasser. Speaking…
Pharaonic Petroleum Company (PHPC) recorded 117% of its approved production plan in 2024/2025, with a daily average of 76,280 barrels…
Egyptian Linear Alkyl Benzene Company (ELAB) Chairman, Alaa Abd ElFattah, announced that his company achieved its highest production rate of…