Algeria is intensifying efforts to unlock new oil and gas resources, with officials from ALNAFT and Sonatrach outlining a strategy centred on frontier exploration, shale gas development, and offshore ...

Baker Hughes signs an alliance with PDVSA, Lindsayca and Fulcrum LNG to develop Venezuela's gas and LNG chain, plus an MoU ...

Hormuz LNG exports extend a September rebound, with three cargoes out since late last week, but flows stay over 75% below pre ...

Iraq's state tanker company moved 2 million barrels past Hormuz on a VLCC, its first such voyage in decades, as Baghdad ...

Ithaca Energy will buy Suncor's Terra Nova and White Rose stakes off Newfoundland for US$860m upfront, adding 103 mmboe of 2P reserves.

Kuwait's crude output fell about 200,000 bpd in September to 1.77m bpd, Reuters reported, as attacks and tanker shortages hit exports.

Aramco CEO Amin Nasser says rebuilding global oil stocks could take up to two years after Hormuz reopens, with nearly 3bn ...

Lukoil's international asset sale has been drawn into US-Russia talks on ending the Ukraine war, the New York Times reported on 3 October.

COOEC’s Maydan Mahzam contract covers more than 100km of subsea infrastructure, lifting its three-year Middle East awards ...

Cenovus agrees to buy oil sands producer Athabasca Oil for C$12 a share, an enterprise value of C$5.7bn (about AED 14.7bn), ...

Bids for the EPC contract on Libya's 30,000 bpd South Refinery in Ubari, expected to top $600m, are under technical evaluation, MEED reports.

Crude oil prices dipped on Monday after the G7 agreed a 100 million barrel stock release and Aramco cut its November Arab ...