The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

The ramped-up U.S. attacks against the Yemen-based Houthis are possible in part due to an extensive military footprint in the ...

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...

In every geographical region, countries strive to expand their influence and attain a regional status that aligns with their ...

Proposed yard will support offshore projects in Saudi Arabia with local fabrication and engineering services led by COOEC ...

In this exclusive Q&A, we engage with Ahmed ElSerry, Ahmed ElSerry, Head of Gas Services Sales, Middle East at Siemens Energy ...

Saudi Arabia has long faced critical water scarcity due to its arid climate and limited freshwater resources. With rapid population growth and increasing agricultural and industrial demands, the need ...

At least 65 people, including children, have been injured in the strike, officials say, as US-Russia discussions focus on a ...

Donald Trump is “invoking emergency powers” to increase the ability of the US to produce critical minerals “and potentially coal”, according to Bloomberg ...

Crown Prince and Prime Minister Mohammed bin Salman chaired the Cabinet session held today, March 19, in Jeddah. At the onset of the session, h ...

Vladimir Putin has rejected a proposal for an immediate ceasefire in Ukraine but agreed to halt attacks on energy and infrastructure. After what the Kremlin called a “frank” phone call with Donald ...

The Cabinet reviewed the performance indicators of the national economy and Saudi Arabia’s credit rating upgrades by global ...