Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

Libya's National Oil Company (NOC) had signed a memorandum of understanding with Turkish state oil company TPAO to conduct a geological and geophysical study of four offshore areas, NOC said on ...

Well-supplied markets and weakening demand for crude concern American drillers.

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

Singapore: China's Zhongman Petroleum and Natural Gas Group (ZPEC) said it won a tender to explore and develop a natural gas block in Algeria under a production sharing contract, marking the company's ...

Algeria has granted five new oil and gas exploration licenses to international consortia following the “Algeria Bid Round 2024” tender, marking the first such relaunched tender since 2014. This move ...

The Zerafa II block is in the southern part of Algeria’s main gas-bearing basin, Gourara-Timimoun. In the same Algerian tender, TotalEnergies and QatarEnergy have secured the Ahara oil and gas ...

China's Zhongman Petroleum and Natural Gas Group (ZPEC) said it won a tender to explore and develop a natural gas block in Algeria under a production sharing contract, marking the company's first ...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more ...

Algeria has awarded five of the six exploration blocks offered under its 2024 hydrocarbons licensing round, the National Agency for the Valorisation of Hydrocarbon Resources (ALNAFT) announced ...

Algeria’s oil and gas sector comprises 20 percent of its GDP. Tourism, by contrast, accounts for barely 0.1 percent. (Learn about this ancient Saudi Arabian city working to attract more tourists.) ...

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit. Learn why this narrow waterway is essential to energy markets.