Maydan Mahzam expansion involves four key EPIC packages, with tenders recently floated for the first two packages comprising ...

The potential for renewed war in Gaza, heightened U.S.-Israel cooperation, and Russia’s growing vulnerability in oil exports ...

Kirkuk Governor Rebwar Taha announced on Thursday that BP’s agreement with the Iraqi government to operate in the province ...

KOC last year unveiled a giant oil and gas discovery within its Al-Nokhatha offshore field, east of the Kuwaiti island of Failaka, Upstream reported. Preliminary estimates at Al-Nokhatha suggested ...

BEIJING: Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and the global Brent benchmark, highlighting how unprecedented sanctions on ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

The year commenced on a positive note for the Middle East as Indian refiners topped up on crude oil supplies from their traditional suppliers, catapulting their share to a 27-month high.

ERBIL, Kurdistan Region - British energy giant, British Petroleum (BP), will start working on the development of Kirkuk province’s oil and gas fields, the governor said on Tuesday.

China's Unipec booked a further 10 tankers to transport oil from the Middle East, according to fixture data on Wednesday. Since Friday, Unipec has fixed 23 vessels to ship crude from the Middle ...