madaresharghi Saudi Arabia’s efforts to reduce a worldwide crude supply glut by cutting shipments to the United States means others are now filling in, most notably Iraq, in a trend ...

madaresharghi Tehran's environmental chief said fuel demand in the capital city is nearly twice that of Turkey, underscoring a series of measures to help ease air pollution in the sprawling ...

madaresharghi Iran's crude oil prices continued to advance in the week to November 3, following the trail of international oil benchmarks which have rallied to their peak levels in more ...

madaresharghi With oil prices trading near their highest level in two years, some traders are betting that the price rise could have more room to run. A total of 48,000 ...

madaresharghi Lebanon’s Energy Minister Cesar Abi Khalil on Friday called on companies bidding in its first round of licensing to explore for oil and gas in its Mediterranean waters to ...

madaresharghi Crude was down slightly on Friday as expectations that OPEC and other producers will extend their production cut agreement were offset by US drillers adding the most oil rigs ...

madaresharghi Bahraini authorities had brought under control a fire at an oil pipeline caused by an explosion, the civil defense said in a statement on Saturday. State-run Bahrain Petroleum Company, ...

madaresharghi Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most. Output is expected to slump to 1.84 million barrels a ...

madaresharghi In line with policies to develop petrochemical plants, talks are underway with France’s Axens to provide Nouri Petrochemical Company in southern Bushehr Province with technical expertise to build a ...

madaresharghi Tehran and Ashgabat are in talks on swapping Turkmenistan's hydrocarbons through Iran, despite being embroiled in a gas row that has lingered since last year. Hamidreza Araqi, the head ...