Oil prices were little changed on Thursday, as a higher-than-expected fuel inventory drawdown in the U.S. and renewed ...

Israel's "extensive strikes" on Gaza, following the collapse of a ceasefire, have reignited conflict and contributed to a ...

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

Oil prices rose in early trading on Thursday on a decline in U.S. fuel inventories and a ratchetting up of tensions in the ...

BAKU. March 19 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) will hold a 33.34% stake in a consortium with Israel's NewMed Energy and the UK's BP Plc in an offshore project in ...

U.S. President Donald Trump and Russian President Vladimir Putin agreed that Iran should not be allowed to acquire weapons ...

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

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

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

Escalating tensions between Israel, Iran, and regional militias—including Hezbollah, Hamas, and the Houthis—are pushing the Middle East toward a potential large-scale conflict ...

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.

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 ...