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New regulations to curb pollution from the world’s shipping fleet could lift crude prices by $4 a barrel when the measures come into effect in 2020, a

DUBAI (Reuters) - OPEC and non-OPEC oil producers will aim to formalize their long-term cooperation later this year by approving a charter that will m

Bloomberg/Dubai The Arab world’s biggest bourse is losing its appeal to foreigners just two months after it won inclusion in MSCI Inc’s emerg

STAVANGER, Norway (Reuters) - After years of restraint since crude prices slumped in 2014, oil services companies are now at loggerheads with producer

Russian gas giant Gazprom reported a surge in second-quarter net profit, beating analysts’ expectations, as it benefited from rising energy pr

STAVANGER, Norway (Reuters) - Drilling rig contractor Maersk Drilling [IPO-MAER.CO] will provide strong competition for its peers when it is spun off

Anjli Raval, Senior Energy Correspondent AUGUST 27, 2018 Saudi Arabia has cut the length of time that its state energy company has exclusive rights

(MENAFN - AzerNews) ByPatricia Espinosa and Anne Hidalgo Next month, the Global Climate Action Summit one of the largest international gatherings o

Russia’s Novatek has launched a second liquefi ed natural gas (LNG) production train at its plant on the Yamal peninsula ahead of schedule, as Mo