Oil production in Russia will decrease in 2016 due to the economic sanctions imposed by the European Union and the United States, Fitch...

Brazil’s oil-exploration and local-content policies harm oil producer Petróleo Brasileiro SA and the nation as a whole, a government-appointed...

Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while...

Saudi Arabia’s Yanbu National Petrochemical Co (Yansab) reported a 63% fall in second-quarter net profit on Tuesday but beat...

Iraqi Kurds are independently selling oil produced in their region, bypassing the country’s state crude marketer for all exports...

Lifting industry professionals working with cranes, hoists and rigging equipment in the Middle East are set to gather at...

Oman’s renewable energy industry is set to get a boost with seven more solar power projects bring planned in...

Two tankers have arrived at the eastern Libyan port of Hariga to lift 1.15 million barrels of crude, an...

Sonangol EP, the state-run oil company in Angola, is seeking $1 billion in cost savings by the end of...

Continuing its game of redrawing borders, Russia has grabbed a 1.5-kilometer-long slice of a critical oil export pipeline in...