The Mineral Resources and Mining Industries Authority (MRMIA) signed a Memorandum of Understanding (MoU) with China’s Asia-Potash International Investment (Guangzhou) Co., Ltd. The MoU is designed to strengthen joint c...
Oman’s state hydrocarbons firm Petroleum Development Oman (PDO) responsible for operating the country’s largest oil and gas asset Block 6 (EDO 60%, Shell 34%, Total 4%, PTTEP 2%) produced a 22-year high 679,922 b/d o...
Minister of Environment, Yasmine Fouad, submitted her resignation from the government, as she was appointed as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD). This appointment foll...
The Egyptian General Petroleum Corporation (EGPC) signed a strategic Memorandum of Understanding (MoU) with its partner, the Siemens, DNV, and EnExpert Energy Consortium. It aims to enhance safety levels and improve the ...
The central Iraqi government and semi-autonomous Kurdistan Regional Government (KRG) reached an agreement to resume oil exports through the Iraq-Turkey Pipeline (ITP) on 17 July, which has been closed since March 2023. T...
Prime Minister Mostafa Madbouly held a meeting with some officials including Minister of Investment and Foreign Trade, Hassan El-Khatib to follow up on efforts to promote investment in the gold sector. The Prime Minister...
SLB recorded revenues of $8.55 billion in its financial results for Q2 2025, increasing 1% from Q1 2025 after reaching $8.490 billion, despite a 6% decrease Year-on-Year (YoY). The company recorded $2.369 billion in reve...
Physical oil markets remain tight despite the second quarter of the year being dominated by concerns over the impact of US President Donald Trump’s tariff policies on the health of the global economy. The price structu...
AVEVA, a global leader in industrial software, released its 2024 Sustainability Report at London Climate Action Week, during which it revealed progress across all three pillars of the company’s sustainability framework...
US firm HKN has signed a preliminary deal to develop the Hamrin field in Iraq’s northern Saladin province. The deal was signed with state-owned North Oil Company (NOC) in the presence of Oil Minister Hayan Abdulghani a...
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