China CNPC has extended its contract for developing an aged oilfield in Oman for another 15 years, Reuters quotes Chinese state oil and group as saying....
(Bloomberg) — Abu Dhabi National Oil Co. is acquiring a 10% stake in Vitol Group’s worldwide fuel-storage business, boosting its capacity to store and supply crude in...
(Bloomberg) — A measure of activity in Saudi Arabia’s non-oil private sector dropped in July for the first time this year, hitting a five-month low in a...
More than 23 per cent of Petroleum Development Oman’s production is expected to come from Enhanced Oil Recovery (EOR) projects by 2025. PDO is currently operating...
(Bloomberg) — Saudi Arabia, the world’s biggest oil exporter, lowered pricing for September sales of all crudes to Asia while raising prices to buyers in northwest Europe...
Oman’s Ministry of Oil and Gas (MOG) sold a cargo of Oman blend crude via DME Auctions on Wednesday, achieving a strong premium above the Official...
(Bloomberg) — Saudi Aramco expects to complete the expansion of an oil pipeline that runs east-west across the country by September, according to a person familiar with...
(Bloomberg) — The British Navy intervened to stop Iran from blocking a BP Plc oil tanker, the U.K. government said, in the latest evidence that merchant shipping...
Oman and Iraq signed a memorandum of understanding (MoU) to cooperate in the oil and gas sector said a statement released by the Ministry of Oil...
(Bloomberg) — Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough in...