oil

The keenness of major international oil companies to pump more investments into the Egyptian oil market is strong evidence of…

BASRA, Iraq (Reuters) – A fire at Iraq’s southern Basra offshore oil export terminal briefly halted crude loading operations on…

BRUSSELS (AP) — European Union foreign ministers on Monday turned up the pressure on Turkey after approving an initial batch…

Egypt’s Minister of Foreign Affairs stated on Tuesday that Egypt is concerned regarding the second Turkish drillship off the coast…

ISTANBUL (Reuters) – A second Turkish drillship, which is expected to begin drilling for oil and natural gas near Cyprus…

The head of French energy giant Total announced Saturday that the company would invest a hundred million dollars annually on…

Egypt’s ministerial cabinet announced that automatic pricing including the Value Added Tax (VAT) on oil products are effective starting Saturday,…

NICOSIA (Reuters) – Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west…

OPEC and its allies are set this week to prolong oil output cuts to further boost prices, after the two…

OSAKA (Reuters) – Japanese Prime Minister Shinzo Abe on Sunday praised Saudi Arabia’s efforts to reduce its dependence on oil…