madaresharghi British Prime Minister Theresa May is to visit Saudi Arabia for talks on Wednesday with its assertive crown prince over the kingdom-led war in Yemen, the second European leader ...

madaresharghi The global oil market could tighten toward the second half of 2018 if demand remains robust and key producers continue their current policies, International Energy Agency chief, Fatih Birol, ...

madaresharghi The general appointed to run Venezuela's energy sector will bring more military officials into the senior ranks of state oil company PDVSA during a major shakeup intended to root ...

madaresharghi For the last decade, smaller oil companies have led the way in shale technology, slashing costs by as much as half with breakthroughs such as horizontal drilling and hydraulic ...

madaresharghi OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a ...

madaresharghi Norway’s Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company’s head of exploration told ...

madaresharghi Plans are in place to rehabilitate Kharg Oil Terminal in the Persian Gulf, Iran's biggest crude oil loading and export facility, managing director of Iranian Oil Terminals Company said. ...

madaresharghi The much-needed technical know-how and licenses for the development of the second phase of Kermanshah Petrochemical Industries Company will be provided by the international firm KBR, formerly a subsidiary ...

madaresharghi North Korea is building up a formidable military in order to avoid the fate of Libya and Iraq, an American writer and retired professor says. James Petras, who has ...

madaresharghi The former governor of Iraq’s northern oil-rich province of Kirkuk and a staunch supporter of the Kurdish independence referendum has reportedly fled to the United States with millions of ...