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For decades, the world has looked to the Middle East as the heart of global oil production,a region synonymous with vast ...
Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...
Claims of the discovery of oil and gas reserves in Pakistan repeatedly make headlines across the world. But every time it ...
Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle ...
NEW YORK, June 20. /TASS/. Crude oil stockpiles in China have reached record levels amid the escalation of the conflict in the Middle East.
Dana Gas, the largest private sector oil and gas player in the Middle East, has unveiled successful results from the Begonia-2 appraisal well in Egypt, which confirmed the asset hosts giant gas ...
Asia's dependence on Middle East oil and gas — and its slow shift to clean energy — leave it vulnerable to disruptions in shipments through the Strait of Hormuz.
In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers and incentivizing Louisiana producers to boost their output.
The U.S. has urged China, Iran’s biggest oil customer, to stop Tehran from closing the Strait of Hormuz, which handles about 20% of global petroleum. WSJ’s Austin Ramzy looks at just how much ...