Giants like Chevron are increasingly prioritizing efficiency over substantial capital investments or quantitative expansion ...
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.
The Middle East, long defined by its oil wealth, is now emerging as a global leader in solar power. Once considered an ...
This comes at a time when larger rival Larsen & Toubro Ltd (L&T) has seen its orderbook swell on the back of a surge in ...
BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the ...
TOKYO -- Middle Eastern ... alternative to Russian oil, which is subject to U.S.-led sanctions stemming from Moscow's invasion of Ukraine. Dubai crude from the Middle East is commonly traded ...
This would give an initial boost to oil-exporting Middle East countries. But bad news may lie ahead as oil demand slows due to weakened global trade and shipping. "The macro outlook for MENA ...