Inflation soared by the most in at least a decade in Turkey's biggest city Istanbul last month, according to data on Saturday, and President Tayyip Erdogan's government sharply raised nationwide electricity and natural gas prices for the new year. Prices also jumped for petrol, car...
Lebanon’s energy minister launched two projects in the country’s north on Tuesday to facilitate the flow of natural gas from Egypt. The move aims to improve electricity production and expand the country’s tanks to increase oil reserves. The revival of the Arab Gas Pipeline to...
Gulfsands, the operator and joint-owner of of a $1.5 billion dollar oil field in Syria, has received a £6.5 million (~$8.7m) financing facility, the company announced on Tuesday. The multi-million dollar financing deal will allow the company to operate until at least December 2023....
DUBAI, United Arab Emirates (AP) — Nations around the world are lurching into lockdown, steeling themselves for a brutal surge as the omicron variant spreads like wildfire. But in Dubai, Donna Sese is bracing for a very different surge: countless restaurant bookings and meter-long drink...