Middle East3 months ago$6.2bn gas investment reflects the UAE’s evolving energy modelUmm Shaif may not be a household name to many outside the energy sector, but this oil field about 150…
Middle East3 months agoBrent oil tops US$90 as US, Iran intensify attacks in Middle EastOil prices jumped 3 percent on Monday, with Brent surpassing US$90 (HK$702) a barrel, as the United States and Iran…
Middle East3 months agoBP, ConocoPhillips Partner In Iraq’s Giant OilfieldConocoPhillips agreed to acquire a 42% stake in BP Plc’s development subsidiary covering four major oilfields in the Kirkuk region…
Middle East3 months agoChevron targets Iraq oil expansion with Hormuz bypass pipelineIraqi Prime Minister Ali Al-Zaidi met with Chevron officials in Houston on Thursday, pushing the US oil company to increase…
Middle East3 months agoIraq signs seismic survey deal with China’s ZhenHua Oil for exploration projectThe Oil Ministry announced that Iraq’s state-owned Oil Exploration Company (OEC) has inked a deal with China’s ZhenHua Oil to…
Middle East3 months agoBP set for oil boost amid £740 million write-downBP has flagged a boost to oil trading but warned over a £740 million write-down amid Middle East concerns. The…
Middle East3 months agoOil climbs to one-month high as US, Iran step up attacksOil prices are now at their highest since the two countries signed a memorandum of understanding to end the war…
Middle East3 months agoExxonMobil weighs entry into Israel’s offshore gas exploration sectorThe U.S. energy giant is considering joining the country’s latest licensing round, potentially alongside Energean, as Israel seeks to attract…
Middle East3 months agoSaudi Arabia Explores East-West Pipeline Expansion to Bypass Strait of HormuzSaudi Arabia is in preliminary discussions to expand the capacity of its East-West crude oil pipeline by up to 2…
Middle East3 months agoUS strikes on Iran jolt global markets as oil surges and investors turn cautiousRenewed military tensions between the United States and Iran unsettled global financial markets on Wednesday, sending oil prices sharply higher,…
