Energy Minister Taner Yildiz said on Monday  Turkey  will explore for oil in the Qandil region of Iraq and that a move towards disarmament by the outlawed Kurdistan Workers Party (PKK) should pave the way for this to happen. Yildiz told reporters Turkey owns...

(Reuters) - Saudi Arabia's Oil Minister Ali al-Naimi said on Wednesday that oil demand is growing and markets are calm, in some of his first public comments since the price of crude rebounded from a near six-year low. Oil prices fell by 60 percent between June and January to a...

  Turkey slammed Tuesday Libya's internationally recognized government's decision to cancel the contracts of Turkish firms operating in Libya. Prime Minister Abdullah al-Thani's government, which only controls the eastern part of...

Reporting by Maher Radhwan; Translation by Yusra Ahmed (Zaman Al Wasl)- Homs’s refinery works at only 2.5% of its capacity with 9 barrels a day barrels since it used to produce 385 barrels due to the difficulties resulted of Syrian conflict,...