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 ...

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

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 ...

The Middle East and North Africa region navigates the future of energy by balancing its traditional dominance in oil and gas ...

Shell (SHEL) booked three Very Large Crude Carriers, capable of carrying up to 2M barrels of oil, at the rate of WS70 to load Middle East crude in early February, and Chinese refiner Shenghong ...

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.