A new wonder is rising in the southern desert of Dubai against the backdrop of Persian Gulf beaches, but it's not another skyscraper to grace the futuristic sheikhdom. Instead, it's one of mankind's oldest power sources gaining its own space on the oil-rich Arabian Peninsula - a coal-fired...

The U.S. Justice Department filed an antitrust lawsuit against Alphabet Inc's GOOGL.O Google on Tuesday, claiming the $1 trillion company uses its market power to fend off rivals and said nothing was off the table, including a breakup of the internet search and advertising company. The...

Oil producer group OPEC+ will meet Monday to discuss the weakening demand outlook in the face of rising coronavirus infections as well as increased output from Libya but is unlikely to recommend immediate action, OPEC+ sources said. An OPEC+ joint ministerial monitoring committee,...

Turkey’s president has announced the discovery of an additional 85 billion cubic meters of natural gas reserves in the Black Sea. Speaking aboard the drill ship Fatih Saturday, President Recep Tayyip Erdogan said explorations in the Tuna-1 well were complete after reaching a depth of 4775...