US Sanctions On Iran’s Oil To Eliminate Economic Rivals: FM Spokesman
Iran's Foreign Ministry Spokesman Ramin Mehmanparast says one of the main reasons behind the US sanctions against…
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Oil
Exxon Mobil-Rosneft Deal Signed To Develop Arctic Reserves
Rosneft and Exxon Mobil have signed a partnership deal, which will see them work together to develop the Arctic's…
Oil Falls For Second Day Amid Iran Nuclear Talks
Oil fell a second day after the first international talks in 15 months on Iran’s nuclear program yielded an…
Jordan To Import More Fuel Oil As Pipeline Disruption Continues
Jordan Petroleum Refinery Co is importing more fuel oil and gasoil for power generation, as continued attacks on a…
Saudi Main Index Falls Most in Eight Months
Saudi Arabia’s benchmark dropped to its lowest level in eight months, as concerns on global markets continued to…
4 Killed Amid Oil Storage Tank Blast in Egypt’s Suez
Four people have been killed and 22 others injured by an explosion at an oil storage tank in the eastern Egyptian…
Saudi Arabia Determined To Push Down Oil Prices: Naimi
Top oil exporter Saudi Arabia is determined to bring down high oil prices and is working with fellow OPEC members…
Sudan, South Sudan Have to End Violence Now: UN
The United Nation Security Council has called for an “immediate” ceasefire between Sudan and South Sudan amid…
Iran Bans Imports From 100 EU Companies
Iran reportedly plans to ban imports from European companies as part of its counter-sanctions against the European…
Aker Signs Surface Wellhead Contract with Badr Petroleum
International oil services group Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr…