Baghdad: The Iraqi Central Oil Company (ICOC), in cooperation with the Chinese company (EBS), has announced the achievement of a major oil discovery in the southern East Baghdad field. Mohammed ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

The tiny Middle East sultanate recently unveiled the new bid round with three lucrative onshore exploration tracts on offer, ...

KOC last year unveiled a giant oil and gas discovery within its Al-Nokhatha offshore field, east of the Kuwaiti island of Failaka, Upstream reported. Preliminary estimates at Al-Nokhatha suggested ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

Shares of energy companies ticked up as traders anticipated higher tensions in the Middle East and in trade negotiations. Oil futures fell to their lowest settlement of the year so far, after official ...

in a bid to raise funds that could be used to shore up Iran’s allied militia groups in the Middle East. The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late ...

Iran has shipped about 3M barrels from storage facilities in China to raise funds that may be spent on Tehran’s militia allies in the Middle East ... to the report, the oil is from stockpiles ...

LONDON, Jan 8 (Reuters) - Shell (SHEL.L), opens new tab will write down around $400 million over an oil discovery offshore ... and diplomacy in the Middle East for AFP out of Israel.