The partnership in control of Leviathan, among the largest gas fields in the world, said they reached an investment decision that envisions flows by 2019. Delek Group and its partners Continue Reading
A major player in the oil sector of the Kurdish north of Iraq said it was re-routing exports by government orders, but that won’t impact production levels. The semiautonomous Kurdistan Continue Reading
Oil Police arrested two men suspected of ties to the self-proclaimed Islamic State (IS) militant group Wednesday as they tried to enter the Shuaiba refinery complex in Basra.The men did Continue Reading
BASF SE is exploring options for tapping Iran’s recently opened energy market, making it the latest in a long line of German firms looking to expand into the Islamic Republic. Continue Reading
Iran announced on Tuesday it will begin selling 100,000 barrels of oil a day to Russia within the next 15 days and receive payment half in cash and half in Continue Reading
Saudi Arabian Oil Co. , gearing up for what may be the world’s biggest initial public offering, is considering discounted shares for local investors, according to people with knowledge of Continue Reading
Rosneft PJSC , the state-run producer headed by a close adviser of Russian President Vladimir Putin, is expanding its footprint in the Middle East by striking new oil deals with Continue Reading
Saudi Arabia’s state-owned energy company has told J.P. Morgan,HSBC and Morgan Stanley they will be the lead underwriters for its planned initial public offering, set to be the largest ever, Continue Reading
In a sign that Kurdistan’s oil sector is shedding some of its legal and political risk, KRG crude will now supply the refineries of Russia’s largest oil company. A tanker Continue Reading
Slightly less than 10 percent of the drilling rigs currently in service in the world are operating in the Iranian oil and gas sector, a petroleum official said. Rokneddin Javadi, Continue Reading
