Saudi Arabia's oil export revenues fell for the fourth consecutive month in September 2024, year-over-year. This decline is attributed to reduced export volumes due to...
A clandestine fleet of aging vessels has emerged as a key player in the global oil trade, approximately 40 miles east of the Malaysian peninsula....
Petroleum and Mineral Resources Minister Engineer Karim Badawy met with a delegation from IBR Company, led by Chairman Dr. Mahmoud Dabous. The discussion centered on...
Oil prices edged higher on Monday, but geopolitical tensions and weakening demand continue to tug the market in opposite directions. While escalating tensions between Russia...
Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.
Minister of Petroleum and Mineral Resources, Karim Badawy inspected the "Khangar 1" exploratory well in the North Dabaa offshore area of the Western Mediterranean. This...
Ministry of Petroleum and Mineral Resources and Dragon Oil, a leading UAE-based oil and gas company, have signed a Memorandum of Understanding (MoU) to collaborate...
Oil prices dipped this week as investors grappled with uncertainty following the U.S. presidential election. While China's recent stimulus measures failed to significantly boost market...