The plummeting global price of oil has forced Iraq to cut its 2009 national budget to $67 billion. The...

The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips have agreed to halt the bidding process associated with the...

United Arab Emirates-based Dana Gas said its gross operated gas production in Iraq and Egypt had reached 220 million...

Gulfsands Petroleum has provided a production update for the Khurbet East Field in Block 26 in Syria. KHURBET EAST...

The Minister of Petroleum and Mineral Resources Ali I. Al-Naimi has announced the appointment of Khalid A. Al-Falih as...

An explosion in south-eastern Turkey late Wednesday night destroyed parts of a pipeline carrying oil from the Iraqi city...

Gulf Keystone Petroleum Ltd, an AIM listed independent oil and gas exploration company with interests in Algeria and Kurdistan, is...

Barack Obama’s policy calling for reducing US dependence on foreign oil imports will not pose a significant threat to...

Oil fell below $65 a barrel on Thursday, extending a 7 percent drop in the previous session, as heightened...

Dow Chemical India, Middle East & Africa (IMEA) GmbH launched the Dow Oil & Gas business platform to the...