Russia sees no need for urgent action on the oil market over the new Omicron coronavirus variant, Deputy Prime Minister Alexander Novak was quoted as ...
Iraq backs continuing OPEC’s existing plan to raise the group’s output by 400,000 barrels per day (bpd) each month since August, the oil ministry said ...
The United Arab Emirates is fully committed to the OPEC+ agreement and has no “prior stance” ahead of an upcoming meeting on December 2, state news ...
Japanese Prime Minister Fumio Kishida said on Saturday his government is considering releasing oil from its reserves in response to rising crude oil ...
Iraq’s oil minister has said work is underway at four exploration sites in the country’s western desert, the Iraqi state news agency (INA) said on ...
Iraq’s oil exports for October rose to 3.12 million barrels per day (bpd) from 3.081 million bpd in the previous month, the oil ministry said in a ...
Jordan’s Petroleum Refinery Company (JPRC) said on Wednesday seven international contractors had qualified to bid for a $2.6 billion project to expand ...
The current energy crisis is a wake-up call for the need to invest more in the sector to avoid another energy supply crunch, Abu Dhabi National Oil ...
Saudi non-oil exports were up 37 percent to 125.3 billion riyals ($33.41 billion) in the first half of 2021, state news agency SPA reported on ...
Firefighters put out a blaze that raged for several hours at a gasoline storage tank in southern Lebanon on Monday, the latest blow to a nation ...
Climate change action needs to consider the extensive problem of energy poverty, with developing countries set to suffer unless all facts are taken ...
Iraq has signed an initial deal with Swedish SEAB and Turkey’s Limak to build a 70,000-barrels-per-day oil refinery near the northern city of Mosul, ...
Hezbollah began bringing Iranian fuel into Lebanon via Syria on Thursday, a move the Shia group says aims to ease a crippling energy crisis but which ...
Protesters blocked oil exports at the Libyan ports of Es Sider and Ras Lanuf on Wednesday, an oil engineer at each port said, although other engineers ...
Iran restarted exports of gasoline and gasoil to Afghanistan a few days ago, following a request from the Taliban, Iran’s Oil, Gas and Petrochemical ...
Iraq plans to increase oil production to eight million barrels per day (BPD) by the end of 2027, Iraqi Oil Minister Ihsan Abdul Jabbar told the Iraqi ...
Saudi Arabian state oil producer Aramco reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by ...
Iran’s President Hassan Rouhani announced Thursday the opening of a new oil export terminal on the Gulf of Oman that will allow shipments to avoid the ...
Oil prices rose more than 3 percent Wednesday, extending gains from the previous session as improved risk appetite provided support despite data ...
Saudi Arabia, the world’s largest oil exporter, set a cap on local gasoline prices for July to help alleviate pressure on the cost of living and ...
The United Arab Emirates on Sunday said it supported an increase in oil output from August but suggested deferring to another meeting a decision by ...
OPEC+ oil producers will need to boost their output in order to meet demand set to recover to pre-pandemic levels by the end of 2022, the ...
A cargo of 1.033 million barrels of Iranian crude oil landed on US shores in March, data from the US Energy Information Administration (EIA) showed, ...
Iraq is building a new oil pier off its southern coast, financed by Japan, that’s expected to boost exports and imports of crude-derived products and ...
The value of Saudi Arabia’s oil exports in March rose by 75 percent year on year to 52.3 billion riyals ($13.95 billion), official data showed on ...
Demand for oil is continuing to rise following a dramatic plunge last year due to COVID-19, but the industry is taking a cautious approach to the ...
Iran’s chief nuclear negotiator said on Saturday Tehran expects US sanctions on oil, banks and other sectors and on most individuals and institutions ...
Representatives from the oil and gas industry will discuss potential methane regulation and how companies can align with the Biden administration’s ...
Energy giant Saudi Aramco on Sunday posted a 44.4 percent slump in 2020 net profit due to lower crude prices, as the coronavirus pandemic weighed ...
India and the UAE on Wednesday discussed ways to strengthen energy cooperation, India’s oil minister Dharmendra Pradhan said, despite the South Asian ...
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