Iranian Oil Minister Mohsen Paknejad has resigned, with Hamid Bovard, CEO and Managing Director of the National Iranian Oil Company (NIOC), appointed as acting minister, state media reported on Sunday. State media did no...

OPEC+ agreed to keep its November oil production targets unchanged at a meeting on Sunday, as Middle East export disruptions continue to limit actual output despite higher flows through the Strait of Hormuz. Saudi Arabia...

Qalaa Holdings, one of the MENA region’s largest investment firms, has submitted a detailed report outlining how it plans to use its upcoming capital increase to expand stakes in key energy assets and settle outstandin...