Browsing: Middle East

Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block…

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 5.8 million barrels from the…

Equinor ASA and its partners have agreed on a NOK-21 billion ($2.09 billion) investment to develop Fram South, which will…

PT Medco Energi Internasional Tbk. has agreed to acquire Fortuna International (Barbados) Inc. from Repsol E&P S.a.r.l. The company said…

An unexpected move by the United Arab Emirates to cut volumes of a key oil grade sold to project partners…

The Trump administration has eased recent export limits on a critical petroleum product that’s used to make plastics — a…

Oil held steady as traders grappled with conflicting signals about how much US military strikes hobbled Iran’s nuclear program and…

Diversified Energy Co. PLC and Carlyle have formed a partnership to invest up to $2 billion in proven developed producing…

The United States Department of Energy (DOE) has issued an emergency order to ensure the Southeast U.S. grid handles a…

In a release posted on its site on Wednesday, the Bureau of Ocean Energy Management (BOEM) announced “the publication of…