OPEC is not worried about a slide in oil prices towards $100 a barrel, delegates from the producer group said, with current levels seen as acceptable for producers
Libya is due to start loading its first crude oil tanker in a year from top port Es Sider on Tuesday following a year-long blockade by eastern federalists, a Libyan
Ramco Systems has announced that it has been awarded a five-year contract from the Asia division of Vopak, the world’s largest independent tank storage provider,
Brent crude oil shed nearly $2 a barrel to reach its lowest price in over a year on Monday as investor concerns over conflict in Ukraine and Iraq eased, and as
Hungarian oil group MOL has bought 80,000 metric tons of crude from the regional government of Kurdistan in Iraq "at a market price", MOL Managing Director Szabolcs I.
The crew responsible for intercepting and destroying billions of dollars worth of narcotics, including the largest seizure of heroin in the history of the Combined Maritime Forces,
Following four decades of war, sanctions, nationalisation and unrest, oil and gas producers are gradually adjusting to rely less on the Middle East.
French oil major Total said on Thursday it had reduced its personnel working in the autonomous Kurdistan region of Iraq, although work on the two oil blocks it operates continued as scheduled.
After hours casting their nets close to the Gaza shore, Palestinian fishermen sift through their catch in the dim dawn light, managing to scrape together a few piles of puny fish.
U.S. refiners will refrain from buying Kurdish crude oil until a long-running dispute between Baghdad and Iraqi Kurdistan is settled, while Washington urges both
Brent crude oil fell below $104 a barrel on Tuesday, its lowest level in nine months as steady supplies dispelled concerns over potential disruptions in producers such as Iraq and Libya.
Lloyd’s Register Energy together with Lightbridge Corporation has won a contract to support the Federal Authority for Nuclear Regulation (FANR) internal inspection
Brent crude oil fell below $105 a barrel on Friday, following U.S. air strikes in Iraq that analysts said might lower the risk of oil supply disruptions from OPEC's second-largest producer.
Oryx Petroleum Corporation Ltd suspended drilling operations and evacuated staff from oilfields in Iraq's Kurdish region on Friday, as the United States launched
Halliburton Veteran Takes Up Key Director Role.
EnerMech’s focus on strengthening its Middle East and Caspian business has been underlined with the appointment
Crude oil climbed on Thursday, rebounding from the lowest prices in months as the security situation in northern Iraq deteriorated, reviving concerns about supply disruptions.
Clashes in Libya spread from Tripoli to the western town of Zawiya near Tunisia's border, where a large oil port is located, killing four people over the last two days,
Chevron Corp said on Thursday it was evacuating staff from the Iraqi Kurdistan region as Islamic State militants pushed into the area.
The company said it has
Exxonmobil Corp is evacuating staff from Iraq's autonomous Kurdistan region as the radical militants of the Islamic State advance towards its capital, an industry source said on Thursday.
Brent crude oil rose above $105 a barrel on Thursday as the security situation deteriorated in northern Iraq and Islamist militants made gains against Kurdish forces,