Iraq’s new Oil Minister Jabbar Al-Luaibi has asked the multinational corporations extracting oil on Iraqi lands to increase output, following a strong push by several other members of the Organization Continue Reading
Turkey mounted on Wednesday its largest military effort yet in the Syrian conflict, sending tanks, warplanes and special operations forces over the border in a United States-backed drive to capture Continue Reading
IS militants leave behind dozens of dead civilians, a trashed refinery complex, and a town choked by oil fires. Iraq security forces screen Qayarah residents displaced to a camp in Continue Reading
A general view shows a lake of oil at Al-Sheiba oil refinery in the southern Iraq city of Basra, in this January 26, 2016 file photo. Iraq’s prime minister said Continue Reading
Iraqi Prime Minister Haider Al-Abadi arrives to attend a joint news conference with Italian Prime Minister Matteo Renzi at the end of a meeting at Chigi Palace in Rome, Italy Continue Reading
Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of their actual cost during the 2016/17 fiscal year, two government Continue Reading
A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh, Saudi Arabia June 23, 2008. (John Kemp is a Reuters market Continue Reading
Australian energy company FAR Ltd. says its reserve estimate for an oil field offshore Senegal keeps increasing. File Photo by A.J. Sisco/UPI MELBOURNE, Aug. 23 (UPI) — Further analysis of Continue Reading
Against the positive picture painted on possible rise in the price of crude oil at the international market above USD50 per barrel, Nigeria may be left out of reaping this Continue Reading
China’s biggest producer able to overcome first-quarter loss Total oil and gas output slipped 1.3% from second half of 2015 PetroChina Co., the country’s biggest oil and gas producer, posted Continue Reading
