$re = '/ (?s)
keyword1 .*?
(?:
(?: keyword1 | keyword2 )
(*SKIP) (*FAIL)
| keyword3
)
.*?
(?: keyword1 (*SKIP) (*FAIL) | keyword2 )
/x';
$str = 'List of keywords :
keyword1 = <page>
keyword2 = </page>
keyword3 = {{Infobox
Example A:
keyword1 = <page>
text to consider without keyword-Not3
keyword2 = </page>
Result => do not extract (or keep or split) this part.
Example B:
keyword1 = <page>
text to consider with keyword3
keyword2 = </page>
Result => extract (or keep or split) this part.';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php