Smugglers selling Libya’s heavily subsidized gasoline and diesel abroad at jacked-up prices are likely using at least some of...

Italcementi, Suez Cement’s mother company, is currently focusing on energy source diversification at its Egyptian facilities, the mother company’s...

A delegation of Israeli officials, including Israeli Intelligence Minister Yuval Steinitz, has traveled to France in a bid to...

OPEC will not take sole responsibility for propping up the oil price, Saudi Arabia’s oil minister said on Sunday,...

Leading telecommunications operator in the UAE Etisalat hosted a one-of-its-kind industry event which shed light on information and communication...

Saudi Arabia’s OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to...

The oil price crash is taking a growing financial toll on companies throughout the industry, forcing some into bankruptcy...

Brent crude oil fell below $54 a barrel on Friday and was on track for its third straight weekly...

Bahrain-based Gulf Petrochemical Industries Company (GPIC) yesterday (March 21) reported a net profit of $190.2 million for last year....

Iranian researchers from Semiconductor Devices Group of Shiraz University designed a sensor to detect hydrogen sulfide in oil drilling,...