Head of Tehran Chamber Of Commerce Yahya Al-e Eshaq said that the country is resolved to cut the dependence...

A key source of funding for the Islamic State is illicit oil trafficking, which has led to huge financial...

Brazil’s state-run oil company Petrobras’ debt was downgraded to junk status by Moody’s Investors Service. The ratings agency wrote that...

Oil demand is growing and the market has turned “calm,” according to Saudi Arabia’s Oil Minister. “We want to...

A proposal by Qatar’s Investment House for a 750 million riyal (Dh734 million) flotation of an agricultural firm has...

Gulfsands Petroleum has found gas at its DOB-1 well in Morocco in the Sebou onshore permit, the Office of...

Moroccan power company Taqa Morocco, owned by Abu Dhabi National Energy Co , reported 2014 net profit attributable to...

Egypt hopes to halt liquefied natural gas imports in 2020, Oil Minister Sherif Ismail said on Monday, as projects...

Uganda has launched an oil-exploration licensing round for six blocks in its Lake Albertine Rift basin, ending a nine-year...

Rich Gulf Arab countries have so far failed to diversify their economies away from oil revenue and some may...