Browsing: Middle East

The Department of Energy (DOE) has terminated a conditional award of up to $4.9 billion in loan guarantee for phase…

Eni SpA reported profit that beat analyst estimates as proceeds from asset sales and sweeping cost cuts helped counter a…

The UK Department for Energy Security and Net Zero (DESNZ) has announced “tailored support for Aberdeen oil and gas workers”…

Italy’s Eni SpA and Algeria’s Sonatrach SpA have signed a memorandum of understanding (MoU) to strengthen collaboration in hydrocarbons and…

Mohammed Bin Saleh Al-Sada has been re-elected chair of the board of directors of Russia’s state-owned PJSC Rosneft Oil Co.…

Naftogaz Group has secured loans totaling UAH 9.4 billion ($225.09 million) from local banks to procure winter gas for Ukraine.…

BP Plc will exit its role in a massive green hydrogen production facility planned in Australia as the British oil…

Saipem SpA signed a binding merger deal to acquire Subsea7 SA and thereafter rebrand into Saipem7, the companies said Thursday,…

TotalEnergies SE reported a big jump in net debt in the second quarter as the French energy major posted falling…

Oil gained as technical support turbocharged a rally sparked by progress in international trade talks, undercutting a US move to…