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Abbas 'seeks $1B deal with Russia on Gaza natural gas field
Palestinian Authority President Mahmoud Abbas is in Moscow on a four-day visit seeking to secure a $1 billion deal with Russia to develop a natural gas field off the Gaza Strip, ... more
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EU issues framework for shale gas exploitation
The European Commission issued Wednesday recommendations to ensure that clear environmental safeguards are in place when the controversial technique of "fracking" is used to tap shale gas reserves. ... more
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Iraq oil exports, revenues dip in 2013
Iraq's oil exports and revenues declined in 2013 compared to the previous year, official figures showed Wednesday, despite efforts to dramatically ramp up crude sales to fund much-needed reconstruction. ... more
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Iran's oil minister to seek investment at Davos
Iran's oil minister will hold a "face-to-face" meeting at Davos with major oil companies to try to coax them back to the sanctions-hit Islamic republic, media reported Wednesday. ... more
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