OTC Asia 2026

Middle East & South Asia

      Oil falls below $70 as Saudi Arabia cuts crude price to US and Asia

      Middle East & South Asia
      The price of Brent crude oil fell below $70 a barrel today following Saudi Arabia's decision to cut its monthly prices for crude sold...

      Iran to spend up to $4.8 billion from sovereign fund development on oil

      Middle East & South Asia
      Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas fields next fiscal year...

      Aminex says South Malak-2 declared discovery well in Egypt

      Exploration Development
      The Egyptian Ministry of Petroleum has declared the South Malak-2 (SM2) well at the West Esh el Mellaha-2 concession in the country as a...

      Power consortium for Ghana 1000 project signs LNG supply deal with Shell

      Downstream
      Endeavor Energy, General Electric (GE), and their consortium partners, have agreed to a supply term sheet with Shell and entered into exclusive sale and...

      Saudi to hike April crude OSPs for Asia

      Downstream
      Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April,...

      Qatar inaugurates $1bn Jetty Boil-Off Gas Recovery project

      Downstream
      Qatar has inaugurated the $1bn Jetty Boil-Off Gas Recovery (JBOG) project in Ras Laffan Industrial City (RLIC). The project will recover 29 billion standard cubic...

      PBJV Group wins maintenance services contract from Kebabangan Petroleum

      Downstream
      Barakah Offshore Petroleum Berhad's subsidiary PBJV Group is to provide topside maintenance services to Kebabangan Petroleum Operating Company (KPOC) in Sabah, Malaysia. The initial...

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