Meanwhile, production at Iraq's giant Rumaila oil field remains reduced by ~300K bbl/day after a fire last week, partly offset by rising output in Kazakhstan, which reported record production of ...

Iran's loss of influence in Lebanon and Syria has helped to spark a shift in attitude among Arab leaders.

Crude oil futures fell alongside equities Monday on fears that a U.S. electricity boom could be stymied by an apparent breakthrough by Chinese startup DeepSeek in producing artificial intelligence ...

ERBIL – Iraq’s oil production has dropped by 300,000 barrels per day following a fire at the Rumaila oil field in Basra Governorate, a key site responsible for nearly 40% of the country’s total output ...

By John Lee. Oil output at Iraq's Rumaila oilfield is reportedly down by 300,000 barrels-per-day (bpd) following a fire last week. The fire is said to have occurred in a decommissioned storage tank at ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

A court has ruled that consent for two new Scottish oil and gas fields was granted unlawfully and their owners must seek ...

Suriname state-owned oil company and market regulator Staatsolie has issued a new bond to raise capital to finance its ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

He said work on both fields could continue while the new information was gathered but no oil and gas could be extracted unless fresh approval was granted. Shell's Jackdaw gas field in the North ...

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