Oil and gas

Oil prices rise as tighter supplies drive strong first quarter in 2024

Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months

Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion

Oil prices slide for second consecutive day as U.S. stockpiles surge

Market concerns rise as major producers hold output policy steady

62 percent executives expect world to reach net zero by 2060 or later: Report

Survey highlights key themes driving strategic decision-making across the industry

Egypt implements fuel price increases as part of IMF agreement

The country is taking steps to align fuel prices with international markets

Oil demand will reach a record 104 million barrels per day in 2024: Aramco CEO

Nasser emphasizes the effectiveness of carbon capture in mitigating greenhouse gasses

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Surging prices fueled by refinery activity, China demand, and Middle East disruptions

Oil prices extend gains ahead of anticipated Fed meeting, rising supply risks

The recent attacks on refineries added a risk premium of $2-$3 per barrel to crude prices

Oil maintains near four-month highs on decreased gasoline inventories, fuel refinery attacks

Surprising drop in U.S. oil and gasoline inventories points to increased demand from top fuel consumer

Saudi Arabia’s industrial production index up 0.3 percent in January on mining and quarrying

Manufacturing activities in the Kingdom rose by 1.1 percent in January 2024

Saudi Arabia’s Aramco plans bond issuance in 2024

Aramco will now be able to capitalize on recent declines in global interest rates

ADNOC Drilling reports revenues of over $3 billion in 2023

Company outlines ambitious growth plans for 2024 and beyond