Syria called local truces near Damascus and in a northern province on Friday but no halt to combat on the main battlefield in Aleppo, after a surge in fighting the Continue Reading
Shi’ite pilgrims gather at Imam Moussa al-Kadhim shrine to mark his death anniversary in Baghdad’s Kadhimiya district, Iraq May 25, 2014. A suicide bomber driving a car killed at least Continue Reading
Officials from Uganda and Tanzania will in the coming days meet to fine-tune the work plan for the development of the proposed Shs11 trillion crude oil export pipeline. The 1,400km Continue Reading
The Conference of Nigeria Political Parties (CNPP) has issued a seven-day ultimatum to the Ministry of Petroleum Resources to end fuel queues cross the country or face organised labour, civil Continue Reading
Venezuela’s imports have plunged 40 percent in the past year, heightening the misery of its beleaguered people, according to estimates by Bank of America Merrill Lynch. The country, which boasts Continue Reading
On Tuesday, Venezuela shortened its workweek to just two days as the country suffers through a deepening power crisis. Venezuela sources about 60 percent of its electricity from hydroelectric dams, Continue Reading
Eni SpA warned it expects payment delays from Venezuela as the Italian energy explorer faces the same challenges that forced Schlumberger Ltd. to cut back activity in the country with Continue Reading
PetroChina, the country’s largest producer by volume, swung to a first-quarter net loss of 13.8… BEIJING—China’s efforts to support its state-controlled oil giants have so far yielded mixed results, showing Continue Reading
Exxon Mobil Corp. XOM 0.42 % reported its smallest quarterly profit since 1999 on Friday, the latest in a parade of woeful earnings out of oil and gas producers this Continue Reading
Exxon Mobil is the world’s largest publicly traded oil company. Exxon Mobil Corp. XOM 0.42 % , the world’s largest publicly traded oil company, saw its profit plunge 63% to Continue Reading
