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Libyas National Oil Company (NOC) issued a decree on 4 October 2012 that gave its branch in eastern Libya the autonomy to independently run operations in the east of the country

Samsung Engineering has been awarded the Yanbu refinery expansion project from Saudi Aramco Lubricating Oil Refining Company (Luberef) in Dhahran, Saudi Arabia

ExxonMobil is in talks to sell its stake in a multibillion dollar oil project in southern Iraq

Petroleum Development of Oman (PDO) will aim to create 4,000 jobs per year as part of its new five-year business plan

Iraqs energy sector could play a major part in the country’s future prosperity and the stability and security of global energy markets, the International Energy Agency (IEA) has said in a World Energy Outlook report

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