According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the ...

Israel's surprise attack on Iran last week had oil prices spiking which sent U.S. producers scrambling to lock in the price ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...

Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, a region that supplies the world with about a third ...

Electric cars account for a tiny proportion of vehicle sales in Saudi Arabia. But the oil-rich kingdom wants to change that ...

At least four leading international contractors or consortia are vying for a multibillion-dollar contract from QatarEnergy ...

Oil output in Kazakhstan, one of the world's 10 biggest producing countries, returned to growth last month and matched an all ...

How big is Iran’s oil industry? With about 157 billion barrels of proven crude oil, Iran holds about a quarter (24 percent) of the Middle East’s and 12 percent of the world’ ...

Brent crude surged more than 30 per cent in just three weeks, peaking on Monday, 23 June, before nosediving in its biggest ...

Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Fighting has the potential to disrupt oil markets, but a move by Iran to cut off supply would chiefly hurt China, the biggest ...