Gasoline, diesel prices up anew, kerosene down Tuesday, May 5, 2026
Published May 4, 2026 2:57pm Updated May 4, 2026 6:18pm Add GMA on Google Make this your preferred…
Adnoc Drilling finalises $204m deal with Oman’s MB Petroleum Services in Gulf expansion push
Adnoc Drilling, the Middle East’s biggest drilling company by rig count, has completed its acquisition of an 80…
UAE Business: Adnoc Drilling finalises 80pc acquisition of MB Petroleum Services
Adnoc Drilling Company
announced the completion of its
transaction to acquire an 80 per cent stake of MB…
What To Expect From Occidental Petroleum’s (OXY) Q1 Earnings
Oil and gas producer Occidental Petroleum (NYSE:OXY) will be reporting results this Tuesday after market close. Here’s what…
Sitara Petroleum: The IPO That Glitters, But Does It Hold?
May 03, 2026 (MLN): Sitara Petroleum Services Limited (SPSL) is pitching a transformation story that feels almost too good…
UAE’s OPEC Exit Has Been Long in the Works – and May Mark the Beginning of a Gulf Realignment
The United Arab Emirates’ decision to withdraw from the Organization of Petroleum Exporting Countries will leave the oil cartel weakened…
Occidental Petroleum Names Richard Jackson CEO Following Hollub Retirement
Occidental Petroleum Corporation announced that Chief Operating Officer Richard Jackson will succeed Vicki Hollub as president and CEO…
Is Occidental Petroleum Corporation (OXY) A Good Stock To Buy Now?
Is OXY a good stock to buy? We came across a bullish thesis on Occidental Petroleum Corporation on Beyond the…
OPEC Plus, in Symbolic Gesture, to Increase Oil Production
The oil cartel known as OPEC Plus agreed on Sunday to step up output next month by a…
Madbouly Inspects Al-Qaher-2 Drilling Rig Following Denise Gas Discovery
Prime Minister Mostafa Madbouly inspected Egypt’s offshore drilling rig Al‑Qaher‑2, which carried out operations for the Denise West‑1…
ESAF, ELAB Push Egypt Petrochemicals With Honeywell Deals
The Egyptian Sustainable Aviation Fuel Company (ESAF), a subsidiary of the Egyptian Petrochemicals Holding Company (ECHEM), has signed…
Fuelling a continent: how China’s engineering prowess built Africa’s biggest oil refinery
As the energy shock unleashed by tensions in the Middle East rippled through Africa, a massive oil refinery…