BENGHAZI, Libya: An oil storage tank at the Ras Lanuf port in Libya was ablaze on Sunday amid fighting between rival factions for...
BENGHAZI, Libya: An oil storage tank at the Ras Lanuf port in Libya was ablaze on Sunday amid fighting between rival factions for...
BAGHDAD: Iraq's government voted to expand production from its Nasiriya oilfield to 100,000 barrels per day, Prime Minister Haider al-Abadi said on Tuesday....
LONDON: Oil prices slipped on Monday, pulled down by rising Russian production and as U.S. drilling activity rose to its highest in more...
ANKARA: Iran's oil minister told state television on Thursday that foreign investment was needed to develop its oil industry, but that it could...
TOKYO/SHANGHAI: Oil prices eased slightly on Tuesday, a day after hitting 3-1/2 year highs, as investors braced for President Donald Trump's decision on...
NEW YORK: The dollar rose to fresh 2018 highs on Monday while oil prices surged to their highest since late 2014, driven by...
Big Oil’s investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback. They’re willing...
NICOSIA, Cyprus: Eni will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a "strong engagement and commitment"...
LONDON: Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production...
TUNIS: Libya's National Oil Corporation (NOC) is considering using a chemical marking system to help trace oil products smuggled out of the country,...
Berlin: German Chancellor Angela Merkel said Tuesday that plans for a controversial second underwater pipeline to bring gas from Russia could not go...
Shanghai: China launched yuan-denominated oil futures contracts on Monday, marking the first time foreign investors will have access to Chinese commodity futures as...
BUENOS AIRES: Oil majors are evaluating bids for offshore exploration rights in Argentina, a major change in a country that sent Spanish energy...
Washington: President Donald Trump's plans to allow offshore oil drilling along virtually the entire US coastline threaten millions of jobs and billions in...
CAIRO: BP is looking to invest over $1 billion in Egypt this year, making the country once again a top destination for investment,...
Beirut: Lebanon Friday signed its first contract to drill for oil and gas off its coast with a consortium comprising energy giants Total,...
PARIS: Iran aims to raise its crude output capacity to 4.7 million barrels per day within the next four years, deputy Oil Minister...
SACRAMENTO, Calif.: California will block the transport of petroleum from new offshore oil rigs through its state, officials told Reuters, a move meant...
