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Saudi Aramco appoints first woman to the board

State run Saudi Aramco, the world's top oil company, said Sunday it has appointed five new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives. The appointments come as the Saudi government plans to...

Iraq oil and gas exploration and development auction ends

 Iraq has awarded Iraqi-owned United Arab Emirates-based Crescent Petroleum three exploration blocks in an oil and gas exploration and development contract auction Thursday and China's Geo-Jade won two. United Energy Group, also based in China, won one contract and a total of five...