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E.ON to adjust Terms of Statoil Gas Purchase Deal
Germany’s E.ON AG said Wednesday it has reached an agreement with Norwegian natural gas producer Statoil…
India’s Oil Companies not hurt by Iran Sanctions
India's state-run oil companies haven't been hurt by sanctions imposed on Iran by the U.S. and European Union,…
$100 pb is Reasonable Price for Oil: Bahraini Energy Minister
Bahraini Minister of Energy Abdul Hussein Mirza said Bahrain believed that the USD 100 per barrel is reasonable…
Int’l Energy Forum for Latest World Oil Issues kicks off
The 13th International Energy Forum is launched in Kuwait, on Tuesday, with the participation of more than 80…
JX Group consolidates MENA and Africa Operations
Japanese energy giant JX Nippon Oil & Energy Corporation (NOE), belonging to JX Group, one of the world's…
Iran Offers to build Oil Refinery for Bulgaria
Iran is willing to build a refinery in Bulgaria's Varna on the Black Sea, according to Tehran's Ambassador to Sofia…
GCC Oil ‘& Gas Reserves total $65 trillion: QNB Capital
QNB Capital has said Gulf Cooperation Council countries' hydrocarbon reserves are estimated to be worth around $65…
Yuan is nearing Fair Value: PBOC Gov.
China’s central bank governor said Monday the Yuan was approaching fair value against foreign currencies, while…
Gold rises after two-week Decline
Price of gold came up after two weeks of decline to trade for USD 11,711 per ounce compared to last Tuesday's USD…
Myanmar signs Oil & Gas Exploration Contract
Myanmar's state oil and gas company has signed an exploration contract with a Chinese-Myanmar joint venture. The…