Kuwait, which plans to boost oil output capacity by a third by 2020, has discovered four new oilfields in...

The biggest crude glut in the U.S. since the 1930s means one thing for European refiners: The highest margins...

Oil prices are likely to stay low for a long time after falling more than 40 percent in the...

Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf...

Qatari banks plan to borrow more than $6 billion to finance a construction boom ahead of the 2022 soccer...

Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its...

Italy’s oil giant Eni said on Sunday it is interested in returning to Iran if sanctions against the country...

Misr Iran Development Bank ( MIDB ) is working on inject EGP100m in an EGP1.5bn ($196.6m) financing for state-owned Egyptian Electricity Holding Company ( EEHC ), reported...

The mayor of Israel’s third largest city, Haifa, has ordered the shutdown of five petrochemical plants after a warning...

Nigeria’s main fuel marketers said late Thursday the government has yet to fulfill its pledge to settle Naira 60...