oil

Saudi Arabia's annual inflation eased to 3.8 percent in August, its lowest level in almost three years, government statistics showed. Slower increases in rents were highlighted as the cause of …

Saudi Arabia is concerned by the recent increase in oil prices as the market is no longer short on supply, the country’s oil minister said on Monday. Ali al-Naimi said …

In January 2007, Cyprus and Lebanon, both signatories to the United Nations Convention on the Law of the Sea (UNCLOS 1982), signed an agreement on the delimitation of their exclusive …

The oil industry’s manipulation of governments and the economies of countries to secure and increase profits has been happening almost since there was an industry to speak of. In Timothy …

The science is still in progress, but it now seems clear that the Eastern Mediterranean Basin holds oil and gas deposits that are truly mammoth. While the precise amount and …

The odds are now stacked in favor of there being a treasure trove of hydrocarbons locked under Lebanon’s seabed. Nobody can be certain until the first field has successfully been …

In its drive to become an oil and/or gas producing country, Lebanon currently faces the challenges of establishing and implementing a sound regulatory framework and an effective Petroleum Administration, the …

There are few sectors of the economy that elicit less sympathy than the oil industry. Thus one has to wonder whether there wasn’t more anger than pity generated last month …

Iraq is currently undergoing extensive transformation in its economic and legal sectors and relevant institutions. Arguably, the foundation of Iraqi restoration is based on two fundamental pillars which to date …

The discovery of vast oil and gas reserves under the eastern Mediterranean seabed presents a new set of security problems in one of the most volatile corners of the world. …