Browsing: Middle East

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…

The European Commission has unveiled a Team Europe package of EUR 545 million ($639.5 million) to accelerate Africa’s energy transition.…

Brazil’s government has extended renewable power utility Neoenergia SA’s license to operate in the northeastern coastal state of Pernambuco to…

OMV AG has laid the foundation stone for a 140-megawatt (MW) electrolyzer to produce up to 23,000 metric tons a…

Tamboran Resources Corp and Falcon Oil & Gas Ltd have signed a definitive merger agreement that they said will create a…

Oil dipped after another choppy trading session as investors weighed the prospect that OPEC+ may fast-track output hikes even as…

Mexican oil giant Petroleos Mexicanos has gone from the nation’s golden goose to a major albatross. After years of pumping…