oil and gas

The OPEC Fund for International Development (OPEC Fund) has allocated $100 million support for transportation and small and medium-sized enterprises (SMEs). The funding is expected......

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Investment in upstream oil and gas will continue to fall behind pre-crisis levels this year, as rising prices and borrowing costs, supply chain issues and the war in Ukraine are holding......

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Lebanon, Syria and Egypt have signed today in Beirut an agreement for leasing and transporting natural gas to Lebanon from Egypt via Syria and Jordan. The Minister of Energy in the......

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The GCC is likely to be one of the few regions in the world that will see higher growth in 2022 compared to last year due to the strong rebound in the oil sector and the public sector......

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The American occupation forces transferred a convoy of dozens of tanks filled with stolen oil from the countryside of Hasaka to their bases in Iraqi territory. Local sources indicated......

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Rome: Russia’s Gazprom told Eni it would cut its gas supply by around 15 percent for Wednesday, the Italian energy giant said, adding that no reason was given. “Eni......

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The total planned and committed energy investments in the MENA region are expected to increase by 9% to exceed $879 billion over the next five years, according to a study. The MENA......

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Informed sources in Tehran revealed that two tankers arrived on the Syrian coast on Monday. They are the first tankers to reach the country as part of the new credit line between......

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LONDON - OPEC has stuck with its forecast that world oil demand will exceed pre-pandemic levels in 2022, although the producer group said Russia's invasion of Ukraine and developments......

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UK energy major BP has agreed to sell 50 percent stake in the Canadian Sunrise oil sands project in Alberta to Calgary-based Cenovus Energy, as it shifts focus away from oilsands......

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