Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for ...

Azerbaijan's SOCAR along with Israel's NewMed Energy and British oil and gas company BP win natural gas exploration licenses ...

BP, SOCAR, and NewMed Energy have signed a licensing agreement to explore for natural gas offshore Israel, marking BP's entry ...

Brent Oil Futures expiring in May rose 0.4% to $71.32 per barrel as of 22:51 ET (02:51 GMT), while West Texas Intermediate (WTI) crude futures also gained 0.4% to $67.61 per barrel.

State Oil Company (SOCAR) is set to increase its involvement in Israel's energy industry. Sources have informed Globes that ...

Deepwater area is now in the hands of Socar, BP and NewMed, with Eni waiting in wings to have its fourth-round bid formalised ...

Oil prices rose on Monday after President Donald Trump said the U.S. would hold Iran responsible for any future attack by the ...

BAKU. March 18 (Interfax) - The State Oil Company of Azerbaijan Republic (SOCAR) and Israeli company Union Energy have signed a memorandum of understanding on joint exploration for gas in Israel's ...

Oil prices rose sharply on Monday after US President Donald Trump warned Iran would be held responsible for any further ...

In the UK, gov’t funds billions to Ukraine The United Kingdom will provide Ukraine with billions in aid via 5,000 air-defense ...

The Jewish state can protect its neighborhood, but the Persian Gulf needs a superpower’s attention.

A consortium of BP, Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy signed a licensing agreement to explore for natural gas offshore Israel.