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Iraq has notified its exploration partners that it plans to split its southern Basra oil production into two grades due to quality differences and offer a heavier type of crude from May this year onwards, according to official sources

Saudi Arabia’s crude oil exports rose to their highest level in January 2015 since April last year, official data has revealed

Algeria has announced plans to double its petrol and diesel output when three new oil refineries start production in 2018, according to state energy firm Sonatrach

The Abu Dhabi National Oil Company (ADNOC) has signed a technical agreement with US-based Occidental Petroleum to develop the al-Hail and Ghasha oilfields located offshore Abu Dhabi, UAE

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