
Libya's oil economy at risk, envoy says
Internal conflicts in Libya may leave the country without a source of oil revenue in less than two years, the U.S. ambassador to Libya said Tuesday. ... more
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Crude oil rally hits snag
Crude oil markets drifted lower early in the Tuesday session as Middle East violence compounds the pressure from slow growth in the Asian economy. ... more
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Trump announces new US 'Space Academy'
Israel signs with Greece one of its biggest-ever arms sales
Middle East war a boon for UAE defence giant with global ambitions
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Scotland's Wood Group upbeat in weak market
Scottish energy company Wood Group said Tuesday it was confident it had the mettle to endure the "new commodity price environment." ... more
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UAE says renewed air strikes hit IS oil refineries
Renewed air strikes by the United Arab Emirates against the Islamic State group have hit oil refineries run by the jihadists, the state news agency reported on Monday. ... more
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Blaze extinguished at Libya's largest oil field
Though flames are out at a pipeline from its largest oil field, the Egyptian bombing of Islamic State targets in Libya show terrorists are gaining ground. ... more
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Kiev sued by shale natural gas explorer
JKX Oil & Gas, a company that bet on Ukrainian shale gas potential, said Monday it launched legal action against Kiev, claiming treaty violations. ... more
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Crude oil markets extend rally
Crude oil prices extended their rally into the third week of February as U.S. rig activity declined and Middle East violence escalated Monday. ... more
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