Move comes in implementation of agreement to assume control of Rumeilan and Al-Suwaydiyah oil fields - Anadolu Ajansı ...

The Eastern Mediterranean holds major strategic potential in the energy security sphere, with massive hydrocarbon fields ...

Escalating tensions between Iran and Israel have reignited concerns about global energy and input flows through the Middle East, placing renewed geopolitical stress on one of the world’s most critical ...

Gulf refining capacity is up by one-third since 2017 to ~10.5 mb/d, lifting gasoline output to ~2.4 mb/d and doubling exports to ~654 kb/d. The large increase in refining capacity has, however, ...

Feb 5 (Reuters) - BP is looking for a partner to help boost output and share costs at Iraq's Kirkuk oil field, one of the ...

Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle Eastern ...

KPC has scaled up Kuwait's oil production capacity to 2.8 million barrels per day in past 12 months State-owned Kuwait Petroleum Corporation (KPC) has reported a decade-high net profit of 2.6 billion ...

SLB has won a pair of five-year contracts for wellhead and artificial lift services in Oman, the US oilfield services contractor said on Wednesday. The contracts were awarded by Petroleum Development ...

US producers lost up to 2 million barrels per day or roughly 15 per cent of national output over the weekend, analysts and traders estimated ...

Occidental Petroleum Corporation (NYSE:OXY) is among the Buffett Stock Portfolio: Top 10 Stock Picks for 2025. The stock is down 8% year-to-date (YTD) and 26% over the past 12 months, largely due to ...

Long-term gas sales agreements signed with cement producers in Bazian and steel producer in Erbil, marking major milestone ...