Browsing: Middle East

DNO ASA said Thursday it had signed offtake agreements with Exxon Mobil Corp and Shell PLC for the entirety of…

Oil edged higher for a second day as geopolitical risks in Venezuela and Russia offered support to prices that have…

Germany’s energy consumption stagnated or even slightly declined this year as Europe’s largest economy struggles to emerge from a prolonged…

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.3 million barrels from the…

Ukrainian drones attacked Lukoil PJSC’s Grayfer field in the Caspian Sea, damaging an offshore gas platform, according to Ukraine’s General…

Japan Petroleum Exploration Co Ltd (JAPEX) said Thursday it has entered into a deal to acquire Verdad Resources Intermediate Holdings…

Shell PLC has made a final investment decision to proceed with a waterflood oil recovery project at the Kaikias field…

The Chevron Corp-led Leviathan consortium has received approval from Israel’s Energy and Infrastructures Ministry to export an additional 130 billion…

A statement posted on OPEC’s website last week highlighted that the “landmark” Declaration of Cooperation (DoC) between OPEC member countries…

Norwegian oil company Var Energi ASA plans to green-light a swath of new projects to maintain output from an aging…