Saudi Arabian Oil Co plans to increase its drilling-rig count by 12 percent next year to 145 to boost...

Iran said on Sunday that it would launch full-scale unilateral development of the disputed offshore Arash gas field in...

Qatar, the world’s biggest exporter of liquefied natural gas, said its nominal gross domestic product increased an annual 40...

State-owned China National Petroleum Corp (CNPC) was given approval by the Afghan government to sign the joint-venture deal with...

Frontline, the largest independent global oil tanker operator, completed its restructuring with the help of Norwegian tycoon John Fredriksen,...

Oil output in Russia edged up 1.2 percent to reach a new post-Soviet high of 10.27 million barrels per...

An international arbitration body has awarded Exxon Mobil Corp. nearly $908 million in a dispute with Venezuela over compensation...

Gamesa will deliver 100 of its G80-2.0 MW wind turbines to the New & Renewable Energy Authority (NREA) for...

Egypt’s fuel subsidies are expected to reach 114 billion Egyptian pounds ($18.9 billion) in 2012 compared with 100 billion...

The Jordanian Minister of Transport Alya Bitayana has demanded that Egypt ensures the safety of a pipeline delivering Egypt...