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The Egyptian Cabinet approved four draft petroleum agreements that cover drilling of at least six wells, and have a minimum…

Algeria’s SONATRACH Group and Niger’s state-owned petroleum company SONIDEP signed three Memoranda of Understanding (MoUs) to expand cooperation in seismic…

The 41-day shutdown of Energean’s flagship 4.3tcf Karish project offshore Israel weighed heavily on the company’s first-quarter results, but the…

Russia’s oil and gas tax revenue rose by 32.4% year-on-year (YoY) in May to 678.9 billion roubles ($9.3 billion), supported…

The Egyptian General Petroleum Corporation (EGPC) has launched an initiative to develop the environmental performance across its affiliated companies. The…

OQ Exploration and Production (OQEP) expects a sharp increase in its revenues this quarter. “The hike that we’ve seen in…

The Ministry of Petroleum and Mineral Resources (MoPMR) has opened bidding for the NE Esh El Mallaha Block in the…

Investment in the Middle East’s upstream sector is expected to fall this year, the IEA said in its World Energy…

Egypt’s liquefied natural gas (LNG) imports from the US declined to approximately 300,000 metric tons (mt) in May, nearly half…

US crude oil exports surged to an all-time high of 5.6 million barrels per day (mmbbl/d) in May, as Asian…