Oil tops $100 as Middle East tensions rattle markets after Sarb rate decision
Oil prices surged above the psychologically significant $100 a barrel mark on Friday morning as escalating conflict in the Middle…
Middle East
Egypt Approves Oil and Gas Deals Including Perenco North Sinai Project
Egypt’s parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British…
Middle East
$6.2bn gas investment reflects the UAE’s evolving energy model
Umm Shaif may not be a household name to many outside the energy sector, but this oil field about 150…
Middle East
Brent oil tops US$90 as US, Iran intensify attacks in Middle East
Oil prices jumped 3 percent on Monday, with Brent surpassing US$90 (HK$702) a barrel, as the United States and Iran…
Middle East
BP, ConocoPhillips Partner In Iraq’s Giant Oilfield
ConocoPhillips agreed to acquire a 42% stake in BP Plc’s development subsidiary covering four major oilfields in the Kirkuk region…
Middle East
Chevron targets Iraq oil expansion with Hormuz bypass pipeline
Iraqi Prime Minister Ali Al-Zaidi met with Chevron officials in Houston on Thursday, pushing the US oil company to increase…
Middle East
Iraq signs seismic survey deal with China’s ZhenHua Oil for exploration project
The Oil Ministry announced that Iraq’s state-owned Oil Exploration Company (OEC) has inked a deal with China’s ZhenHua Oil to…
Middle East
BP set for oil boost amid £740 million write-down
BP has flagged a boost to oil trading but warned over a £740 million write-down amid Middle East concerns. The…
Middle East
Oil climbs to one-month high as US, Iran step up attacks
Oil prices are now at their highest since the two countries signed a memorandum of understanding to end the war…
Middle East
ExxonMobil weighs entry into Israel’s offshore gas exploration sector
The U.S. energy giant is considering joining the country’s latest licensing round, potentially alongside Energean, as Israel seeks to attract…
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