Physical oil markets remain tight despite the second quarter of the year being dominated by concerns over the impact of US President Donald Trump’s tariff policies on the health of the global economy. The price structu...
AVEVA, a global leader in industrial software, released its 2024 Sustainability Report at London Climate Action Week, during which it revealed progress across all three pillars of the company’s sustainability framework...
US firm HKN has signed a preliminary deal to develop the Hamrin field in Iraq’s northern Saladin province. The deal was signed with state-owned North Oil Company (NOC) in the presence of Oil Minister Hayan Abdulghani a...
Minister of Petroleum and Mineral Resources, Karim Badawi, conducted an inspection visit to the main control center of the national gas grid, the National Advanced Transmission and Automation Centre,(NATA), affiliated wi...
The never-ending volatility in the Middle East took yet another turn for the worse this week, when the Druze community in Syria came under attack from some sections of the Bedouin tribes in Syria; the closer relations ...
In an official statement, bp announced the selling of its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, a leading development, investment and operating company focused on the ...
As much as 200,000 b/d of oil production was shut-in in Iraqi Kurdistan this week after a series of drone attacks on key producing fields. This was the first time that oil fields in the semi-autonomous region have been t...
Greek foreign minister George Gerapetritis visited Tripoli on 15 July for talks over several bilateral issues, including a maritime border dispute which has flared up again with Libya complaining to the UN about a Greek ...
Since its founding in the eastern city of Benghazi in early 2023, Libya’s first and only private oil firm Arkenu has been operating quietly, keeping a low profile while positioning itself as a major player in the count...
The Mineral Resources and Mining Industries Authority (MRMIA) will commence aerial survey for mineral exploration for the first time in decades as part of the sector development strategy, said Minister of Petroleum and M...
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