Browsing: Middle East

The UK Treasury is considering scrapping a windfall tax on North Sea oil and gas following persistent pushback from producers,…

Jafurah, the Middle East’s biggest unconventional gas field, recently began production, in a project designed to deliver up to two…

Oil swung as traders parsed competing headlines on the status of negotiations between the US and Iran. West Texas Intermediate…

BP Plc is aggressively expanding shale drilling, bucking the conservative approach of many rivals, as the UK oil giant seeks…

The U.S. Department of Energy (DOE) announced Wednesday $171.5 million “to expand U.S. geothermal energy”. In a statement posted on its…

Southern Co’s Alabama Power and Georgia Power have secured a total of up to $26.54 billion in loans from the…

Eni SpA has made a final investment decision to proceed with a project to convert several units at the Sannazzaro…

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 16.0 million barrels from the…

Seatrium Ltd on Thursday reported SGD 324 million ($256 million), or SGD 9.47 per diluted share, in net profit for…

Oil wavered as traders balanced expectations of modest OPEC production hikes in April and bearish US government data against increasing…