Major oil-producing nations failed to agree on a deal to freeze output at their meeting in Qatar's capital of Doha on April 17, after Saudi Arabia demanded that Iran join the accord.     Read Article  +

Kuwait’s crude output edged higher to 1.5 million barrels a day as the state oil company brought more production facilities back on line after halting some operations at the start of a labor strike now in its third day.     Read Article  +

Venezuela’s economic and political woes are set to curtail Opec member’s oil production, adding to a growing list of supply disruptions that are helping to prop up global crude prices.     Read Article  +

The oil markets have already seem to have forgotten about the failed Doha summit this weekend, with WTI and Brent regaining all of the ground it lost over the past two days or so. Part of that is because Doha was never going to produce a major res...  +

The oil markets have already seem to have forgotten about the failed Doha summit this weekend, with WTI and Brent regaining all of the ground it lost over the past two days or so. Part of that is because Doha was never going to produce a major res...  +

Asian skies are getting busier and the impact is set to be felt in the jet fuel market as brisk demand for air travel, due to rising incomes and more flights, cuts the region's aviation fuel surplus in 2017 by the most in at least five years.   ...  +

The 24th annual Middle East Petroleum & Gas Conference (MPGC 2016) to be held in Abu Dhabi, UAE from April 24 to 26, 2016 will be opened by Suhail Mohamed Al Mazrouei, the UAE’s Minister of Energy.     Read Article  +

There are huge opportunities for UK businesses in Iran’s power industry. Siamak Adibi, Head of Middle East Gas Team at FGE believes companies in Britain can provide their expertise in increasing the efficiency of power plants as well as implementi...  +

Last year, Indonesian President Joko Widodo set a goal for the nation's electrification ratio to reach 100 percent by 2019, his last year in office. In order to reach this goal power plants at 32 locations, a total of 35,000 megawatts (MW) of addi...  +

Russia is opening a new front in its battle for a bigger share of the global oil market: India.     Read Article  +