The Abu Dhabi National Oil Company (ADNOC) has announced a new strategic partnership with OCI, a producer and distributor of natural gas-based fertilisers and industrial chemicals, headquartered in the Netherlands

Two oil tankers were attacked in the Gulf of Oman, about 56 NM east of Fujairah, sending global oil prices rising

In its annual report of world recoverable oil resources, Rystad Energy finds that the USA holds 293bn barrels of recoverable oil resources, which is 20bn barrels more than Saudi Arabia and almost 100bn barrels more than Russia

Petrofac, an oilfield service provider, has secured its third project under a 10-year framework agreement with Petroleum Development Oman (PDO) with the award of a procurement services project for the Mabrouk North East Pipe Procurement Project in Oman

The Dubai subsidiary Lukoil Marine Lubricants (Lukoil) has renewed its three year agreement with Kuwait Oil Tanker Company (KOTC), the subsidiary of Kuwait Petroleum Corporation (KPC)