A.P. Moller-Maersk, the world’s biggest container shipper, said Thursday it planned to shut down operations in Iran.
The price of crude in rubles has surged to an all-time high, but Russian oil producers will miss out on record first-quarter profit because of a rising tax...
Iraq awarded contracts for just over half of the energy deposits offered in an auction that failed to attract bids from most of the big oil companies that...
Dana Gas, Crescent Petroleum, Dragon Oil, and Eni are among companies that sent letters to take part in Iraq's oil and gas contract bidding round, an Iraqi...
A United Arab Emirates energy company and two Chinese firms emerged Thursday as the only winners in Iraq's rushed bidding round for nearly a dozen...
Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with Daesh (ISIS), but...
Iraq delayed an international auction of rights to 11 of its oil and natural gas deposits, pushing back the bidding date after introducing changes to the...
Exxon Mobil Corp., Total SA and Lukoil PJSC are among international companies interested to win rights to develop 11 oil and gas border fields as OPEC’s No. 2...
Saudi Aramco, the world’s largest oil exporter, is set to join the shale revolution with plans to start producing unconventional natural gas this month and...
Iran has signed a flurry of deals with foreign companies since the easing of international sanctions on Tehran in 2016 after it agreed to limits on its...
Saudi Arabian Oil Co., the world’s biggest oil exporter, is in talks with Sibur Holding PJSC, Russia’s largest petrochemical producer, about forming a joint...
Lebanon and Russia look set to turn a new page after Prime Minister Saad Hariri Wednesday was assured by Russian President Vladimir Putin that his country...
Energy and Water Minister Cesar Abi Khalil Friday extended the first offshore oil and gas bidding round from Sept. 15 to Oct. 12, 2017.
OPEC member Kuwait plans to start trading energy and not just producing it, joining other Middle Eastern producers eager to claw back some of the profit...
Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions, hoping to attract the likes of BP and Gazprom, an...
Iran and France’s Total SA expect to sign a contract to develop part of the world’s biggest natural gas field in the next few weeks in what would be the Gulf...
Energy Minister Cesar Abi Khalil Friday hailed Lebanon’s ability to attract “the world’s largest oil companies” to invest in its oil and gas sector.
Prime Minister Saad Hariri will be visiting Russia soon in light of improved economic relations between the two countries, a statement from the premier's...
Energy Minister Cesar Abi Khalil Friday hailed Lebanon's ability to attract "the world's largest oil companies" to invest in its oil sector.
A source close to Prime Minister Saad Hariri Friday confirmed the premier’s intention to visit Moscow to follow up on developments in bilateral economic...