Oil prices unphased by Iran’s assault on Israel as Brent turns lower
Oil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.
Oil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.
By BloombergKuwait has reported another oil spill, this time in the southern marine area of Ras Al-Zour.
Russian oil giant Rosneft said today that will soon finalise a deal to develop pipelines in the Kurdistan region of Iraq.
A fledgling oil and gas drilling services firm which listed in London this year plans to continue its strong start to life with exclusive marketing deals with shipyards.
Genel Energy today confirmed the Taq Taq field partners have received a gross payment of $10.22million from the Kurdistan Regional Government for oil sales during June 2017.
Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people familiar with the matter.
US-backed Syrian fighters have launched an offensive against the Islamic State group in eastern Syria along the border with Iraq.
Norwegian oil and gas operator DNO has agreed to take over the operatorship of a licence in Kurdistan from ExxonMobil.
OPEC’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers.
International engineering firms have submitted bids to expand Saudi Aramco's Hawiyah gas plant, a news report said.
At least 34,000 gallons of oil have leaked out during a spill off the coast of Kuwait, according to an analysis of satellite imagery.
Shell has completed the sale of its 50% stake in a Saudi petrochemicals joint venture for $820million.
KBR will provide Abu Dhabi National Oil Company with engineering services for two major projects offshore UAE.
The UK’s export credit body will support £90million in financing for two power plants in southern Iraq.
Saudi Arabia is said to have cut crude sales for next month to some buyers in the world’s biggest oil market, limiting sales to prized buyers as part of its pledge to curb exports and shrink a global glut.
Genel posted a strong financial performance for the first half of the year.
Energy-rich Gulf Arab nations have scrambled to adjust to the slump in oil prices since 2014. Three years on, their economies are mired in weak growth and largely just as dependent on crude as they ever were.
Iraq and Baker Hughes have signed a contract for infrastructure to assist with the recovery of flare gas.
US Secretary of State Rex Tillerson has secured a commitment from Qatar to intensify its counter-terrorism efforts as he looks to end the squabbling among key Middle Eastern allies.
Total and Qatar Petroleum are to take over operatorship of the Al-Shaheen oil field for a period of 25 years from Friday this week.
US Secretary of State Rex Tillerson is visiting Qatar on a mission to break the deadlock between the tiny, energy-rich Gulf nation and four Arab neighbours.
US secretary of state Rex Tillerson has departed for Qatar as he tries to mediate a dispute between the energy-rich country and a quartet of Arab nations.
Saudi Aramco, which plans what could be the world’s biggest initial public offering, will invest more than $300 billion over the next decade to maintain its spare oil-production capacity and explore for more natural gas, President and Chief Executive Officer Amin Nasser said.
Four Arab countries isolating Qatar have vowed to take additional steps against the Gulf state after it refused to accept their demands over allegations that it supports extremist ideology.
Saudi Arabian Oil Co., the world’s largest oil exporter, increased production to an annual record last year before the kingdom led OPEC and other major producers to curb output to counter a global oversupply.
Foreign ministers from four Arab nations that have sought to isolate Qatar over its alleged support for extremist groups are holding talks in Cairo.