The largest Gulf producer that’s not an OPEC member is combining state-run oil investment and refining companies to form a business that spans pumping crude... Full Story

Jordan aims to increase natural gas imports from Egypt to cover a third of its demand eventually, the Jordanian energy minister said recently.
Jordan began... Full Story

RAK Gas has signed an oil and gas production sharing agreement with Tanzania’s semi-autonomous region of Zanzibar.
The government of Ras Al Khaimah, the owner... Full Story

Egypt is working on a new production sharing model with foreign energy companies to encourage oil and gas exploration in deep waters, Petroleum Minister Tarek El... Full Story

Saudi Aramco and Bahrain's BAPCO have announced the commissioning of the AB-4 pipeline, a new phase of Saudi-Bahrain crude oil pipeline, the Saudi company said recently.
The new pipeline... Full Story

Saudi Arabia will invest $20bn in the next few years to maintain and possibly expand its spare oil production capacity, Saudi energy minister Khalid al-Falih... Full Story

A unit of the National Iranian Oil Co. (NIOC) signed a deal with a local firm recently to build a crude oil storage facility near Iran's... Full Story

Austria's OMV started production at Abu Dhabi's SARB and Umm Lulu's offshore oil fields, expecting to produce 25,800 barrels per day by year-end, it said recently.
The gas... Full Story