oil

Jordan to explore for oil in two areas in February, minister says
Middle East

Jordan to explore for oil in two areas in February, minister says

DUBAI, Nov 30 (Reuters) – Jordan will begin oil exploration in two areas, Al-Jafr and Al-Sarhan, in February, the country’s…
World

LONDON, Nov 26 (Reuters) – Oil prices dived more than 5% on Friday, hitting a two-month low as a new…
US to release 50 million barrels of oil to ease energy costs
World

US to release 50 million barrels of oil to ease energy costs

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from the strategic reserve to…
Saudi shares fall on weak oil, set for weekly loss
Middle East

Saudi shares fall on weak oil, set for weekly loss

Nov 18 (Reuters) – Saudi shares eased in early trade on Thursday and were set for a weekly loss, tracking…
Mobile vehicles deployed in Aswan to provide food commodities
Egypt

Mobile vehicles deployed in Aswan to provide food commodities

Minister of Supply and Domestic Trade Ali al-Moselhy instructed that mobile vehicles be dispatched to aid places affected by torrential…
Saudi Arabia denies playing climate saboteur at Glasgow
Middle East

Saudi Arabia denies playing climate saboteur at Glasgow

GLASGOW, Scotland (AP) — The tightest of smiles on his face and the fabric of his traditional thobe swirling about…
Vietnamese oil tanker seized by Iran now free in open waters
Middle East

Vietnamese oil tanker seized by Iran now free in open waters

DUBAI, United Arab Emirates (AP) — A Vietnamese oil tanker earlier seized by Iran was free in open water Wednesday,…
Gulf Arab states, squeezed by climate change, still tout oil
Middle East

Gulf Arab states, squeezed by climate change, still tout oil

RIYADH, Saudi Arabia (AP) — The global energy transition is perhaps nowhere more perplexing than in the Arabian Peninsula, where…
Huge fire extinguished at oil facility in southern Lebanon
Middle East

Huge fire extinguished at oil facility in southern Lebanon

ZAHRANI, Lebanon (AP) — Firefighters extinguished a huge blaze that broke out in a storage tank at one of Lebanon’s…
Exclusive: Under US sanctions, Iran and Venezuela strike oil export deal
Middle East

Exclusive: Under US sanctions, Iran and Venezuela strike oil export deal

CARACAS/HOUSTON/WASHINGTON, Sept 25 (Reuters) – Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate…
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