Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as ...

The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW ...

As part of the deal, Gulf Navigation will pay Brooge Energy AED 460m ($125.26m) in cash. Additionally, it will issue ...

The company will pay Brooge Energy AED460m ($125.26m) in cash. At the same time it will issue 358,841,476 new shares and MCBs ...

Major stock markets in the Gulf fell in early trade on Monday as U.S. import tariffs sparked concerns over global economic ...

The FPSO will remain at the Cascade and Chinook fields, which Murphy operates, in the US Gulf’s Walker Ridge region. BW ...

The world’s supply lines for cargoes of oil and fuel, which typically criss-cross the globe, are about to get redrawn thanks ...

Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the ...

The breakthrough for China came after drilling was done to a total depth of about 15,879 feet (4,840 meters) in the Beibu ...

Drilling of Koos-1EXP is expected to last nearly six months, as Pemex will eye 42 degrees API crude in Upper Cretaceous and ...

(Reuters) - Stock markets in the Gulf ended mixed on Wednesday, buoyed by Ukraine's readiness to support a proposal for a ...