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Iran's foreign ministry will follow up on the Durra gas field known as Arash in Iran, the country's Oil Minister Javad Owji said on Wednesday according to semi-official Tasnim news agency. ....
A Chinese research vessel flanked by coast guard and nearly a dozen boats on Wednesday entered a gas block operated by Russian and Vietnamese state firms, two monitoring groups said, another potential flashpoint in the South China Sea. ....
Romanian oil and gas group OMV Petrom , majority-controlled by Austria's OMV will pay an additional tax on the crude oil it refines, Romanian lawmakers decided on Wednesday. ....
Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras' request to drill a well in the mouth of the Amazon River Basin, documents seen by Reuters showed on Friday. ....
The United Arab Emirates' commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in Israel's history prompted widespread anger. A series of recent moves and comments by Prime Minister Benjamin Netanyahu's government has infuriated the public in much of Arab world, and drew condemnation from the UAE, including over Israeli settlement policy in the occupied West Bank. ....