Nigeria will probably be hit by fuel shortages in three weeks as the government doesn’t have enough money to pay for gasoline subsidies, according to the head of Seplat Petroleum Development Co Plc.
Libya's two main rival factions restarted U.N.-backed peace talks in Morocco on Friday with negotiations at a crucial stage over a power-sharing proposal that negotiators call the best chance for peace.
The Oil Barons Charity Ball, a popular charity event in the Middle East region, which raised more than $200,000 this year, has been named the ‘Best Special Event’ at the Middle East Event Awards held in Dubai, UAE recently.
Qatar Petroleum (QP) has decided not to assign any contracts by direct agreement with the relevant parties, including wholly or partly owned companies by QP or its subsidiaries
Bahrain-based GFH Financial Group has announced that Energy City Navi Mumbai (ECNM) has entered into an agreement with Adani Group, a major Indian conglomerate that operates the largest private sector port and power business in India
It’s no secret that Iran provides critical support to Syrian President Bashar al-Assad. The trouble comes in trying to figure out how much Iran spends and what that support actually looks like.
An Argentine federal judge has ordered an embargo on some $156 million owned by companies exploring for oil off the Falklands Islands, over which Argentina claims sovereignty. She also has ordered them to stop their explorations
Russian President Vladimir Putin has demanded the beginning of talks over the continuation of gas transit via Ukraine after 2019, Gazprom CEO Alexey Miller has said.
China has moved an oil rig at the center of last year's violent dispute with Vietnam closer to Vietnam's coast in the disputed South China Sea, just weeks ahead of the first visit by a chief of Vietnam's Communist Party to Washington.