Minister of Petroleum and Mineral Resources Engineer Karim Badawy received Alan Lynn, CEO of Cairon Energy, to discuss the company's activities in Egypt and its...
Oil prices climbed on Wednesday, buoyed by a decline in U.S. crude stockpiles and investor anticipation of a potential Federal Reserve interest rate cut. This...
Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...
Two Russian oil tankers were severely damaged, and one person died after a powerful storm struck the Black Sea, causing an oil spill in the...
Canada is considering imposing export taxes on key goods it exports to the United States, including uranium, oil, and potash, if U.S. President-elect Donald Trump...
OPEC has renewed the mandate of its Secretary-General, Haitham Al-Ghais, for another three-year term starting from August 1, 2025.
Saudi Arabia plans to add 1 million barrels per day to its oil production by September 2026, according to a statement from the eight countries...
Saudi Arabia has significantly reduced its oil prices for Asian customers, exceeding market expectations. This move follows the OPEC+ decision to further delay planned production...