Browsing: Middle East

EIG Global Energy Partners’ MidOcean Energy said it has entered into definitive agreements to invest in Petroliam Nasional Bhd’s (Petronas)…

Kuwait Petroleum Corp. is hiring JPMorgan Chase & Co. to help lease part of its pipeline network, according to people familiar…

Oil fell to the lowest in nearly five months as OPEC+ is expected to agree on restoring more idled supply…

Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude oil price to…

The Trump administration plans to continue issuing permits for oil drilling and do other work on “priority conventional energy projects”…

Imperial Oil Ltd has announced a restructuring plan that involves command decentralization and a workforce reduction of about 20 percent…

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 1.8 million barrels from the…

Baker Hughes said it was awarded a contract by engineering company Bechtel Energy Inc. to supply key liquefaction equipment for…

Eni SpA said it has signed an exploration contract with the Ivorian Ministry of Mines, Petroleum and Energy for the…

Petroliam Nasional Berhad (Petronas) has launched the Center for Offshore Renewable Energy (CEFORE) with Universiti Malaysia Terengganu (UMT). Petronas said…