Investment Banking Surge in the GCC: From Oil to Assets
Corporate and investment banking revenues in the Gulf are burgeoning as lenders underwrite the region’s economic transformation. Lenders like what they are hearing from Gulf…
EU hits Russian oil, shadow fleet with new sanctions over Ukraine war | Russia-Ukraine war News
European Union says move amounts to one of the strongest sanctions packages against Russia to date linked to the war.The European Union has approved a…
DOE approves giving ExxonMobil a million barrels of oil from reserve
Energy Secretary Chris Wright at the U.S. Capitol in Washington, D.C. (pictured in May), said, "Investing in American energy enables energy independence and truly unleashes…
Interior Department changes regulations to allow oil, gas leases to ‘comingle’ output
July 8 (UPI) -- The U.S. Department of the Interior on Tuesday took steps to make it easier for oil and gas companies to "commingle"…
Contributor: We still rely on gasoline. Why is California adding to the cost and the pollution?
California is a state of contradictions. We lead the nation in environmental regulation, tout our clean energy goals with pride and champion a rapid transition…
Eight OPEC+ nations to boost crude oil production in August
A gas flame is seen in the desert at Khurais oil field, about 100 miles from Riyadh, Saudi Arabia. File photo by Ali Haider/EPA July…
Four dead, four missing after oil barge sinks in Gulf of Suez: Egypt gov’t | News
The Adam Marine 12 was being transported to a new location when it capsized, leaving 22 injured.An oil-drilling barge has sunk in the Gulf of…
Israel Iran conflict highlights Asia’s dependence on Middle East oil
ADVERTISEMENTAsia’s dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments…
Oil prices rise despite fragile ceasefire between Iran and Israel
Published on 25/06/2025 - 8:08 GMT+2ADVERTISEMENTInvestors kept an eye on the Middle East on Wednesday as a fragile ceasefire between Iran and Israel appeared to…
Fragile Iran-Israel ceasefire calms oil markets | Israel-Iran conflict News
Oil prices hit a five-month high over the weekend after the United States struck Iran’s nuclear facilities. Tehran retaliated with an attack on the US…
Oil price drops, shares jump as Trump announces Israel-Iran ceasefire
Published on 24/06/2025 - 7:59 GMT+2ADVERTISEMENTStocks rallied on Tuesday after US President Trump said that a "complete and total ceasefire" between Iran and Israel would…
Crude oil futures drop despite fears Iran will close Strait of Hormuz
June 23 (UPI) -- Oil futures declined and U.S. stock indexes rose despite fears Iran will close the Strait of Hormuz, a key waterway for…
The dollar sees a rebound after US strikes Iran, but can it continue?
Published on 23/06/2025 - 15:51 GMT+2ADVERTISEMENTThe dollar rose on Monday as uncertainty over the Israel Iran conflict persisted following US strikes on Iranian nuclear facilities…
Oil rises and stocks slump after US strikes on Iran’s nuclear sites
ADVERTISEMENTInvestors reacted to US strikes on Iran over the weekend as Iran and Israel continued to trade missile fire on Monday morning.The price of Brent…
California to examine its Amazon oil ties following pleas from Indigenous leaders from Ecuador
RICHMOND, Calif. — An oil tanker sat docked at Chevron’s sprawling refinery in Richmond, Calif., on Thursday — a visible link between California’s appetite for Amazon crude…
Asian shares mixed and oil prices stay high over Iran-Israel crisis
By Eleanor Butler & AP Published on 18/06/2025 - 8:06 GMT+2ADVERTISEMENTAsian shares were mixed and oil prices remained high on Wednesday as investors closely tracked the escalation of…
Oil prices spike, US stocks fall on Israel-Iran crisis | Oil and Gas News
Crude oil prices jump more than 4 percent amid fears the US may join Israel’s offensive against Iran.Oil prices have spiked amid fears that the Israel-Iran…
Mapping Iran’s oil and gas sites and those attacked by Israel | Israel-Iran conflict News
Israel and Iran are engaged in attacks for a fifth straight day, with Israel targeting Iran’s nuclear facilities, military sites, oil and gas facilities, and…
Which Iranian oil and gas facilities has Israel hit? Why do they matter? | Oil and Gas News
Israel has struck some of Iran’s most vital oil and gas facilities, the first such attacks despite decades of rivalry between the Middle Eastern nations,…
Huge oil depot fire rages in Tehran after Israeli strike
Video shows flames engulfing Iran’s Shahran oil depot in northern Tehran after an Israeli strike. Source link