In 1846, the first oil well was drilled in Bibi-Heybat, marking the beginning of industrial oil production in Azerbaijan and ...

Baku's oil production surpassed that of the United States. By 1901, the region accounted for half of the world's oil output, ...

Project is part of Aramco's coveted long term agreement framework, which has offered EPCI contracts worth $2 billion to $3 ...

A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new ...

Operations at Saudi Arabia’s Jafurah shale gas field – the country’s largest unconventional non-oil associated gas site and ...

Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...

A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade. Fresh oil field output is ...

Egypt is pursuing significant expansion in its fossil fuel sector with a $7 billion petrochemical complex and new oil and gas ...

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...

Arabian Drilling ended the year 2024, with a healthy backlog of SAR 10.3 billion with an addition of SAR 795 million in Q4 ...