Kuwait’s state-run oil firm has signed three contracts to import 2.5m tons of liquefied natural gas (LNG) a year...

Saudi Arabia’s sovereign wealth fund could receive $106b in cash from the sale to the public of a 5%...

Egypt will reduce spending on fuel subsidies by nearly 43% in the 2016/17 budget due mainly to lower global...

Oil fell as rising exports from Iraq underlined the global oversupply situation over an increase from Iraq’s southern ports...

The association of Mediterranean Energy Regulators (MEDREG) stated it was committed to supporting the development of competitive and transparent...

Turkey is planning new legislation to further open the country’s gas market, which is currently dominated by state gas...

Austrian energy company OMV has announced it was ready to resume developing the Cheshmeh Khosh oilfield in western Iran,...

Latin American oil producers, including main exporters such as Venezuela, Colombia, Ecuador, and Mexico, asked to take the necessary...

Iran is seeking to enter an oil price war with its rivals. Tehran ratcheted up its offense in the...

Saudi Arabia and India have vowed to substantially boost investments and their trade ties as Prime Minister Narendra Modi...