China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan, but analysts are skeptical about its efforts to relax currency controls.
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Iraq says it will offer new oil and gas exploration rights as it looks to boost energy revenues to fund its war against the Islamic State group and shore up its finances amid low oil prices.
Oil Minister Jabar Ali Al-Luaibi said late Tuesday that his ministry plans to put nine border exploration blocks up for bidding by international energy companies. Five are shared with Iran, three with Kuwait and one is in the Persian Gulf.
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A fresh rally in oil prices boosted energy firms in Asia on Wednesday although most equity markets struggled after two days of gains, while confidence was given a knock by fresh revelations regarding Donald Trump's Russia links.
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Greece supports Cyprus' "sovereign rights" to exploit gas fields in the eastern Mediterranean, Prime Minister Alexis Tsipras said Tuesday, after Turkish President Recep Tayyip Erdogan warned global energy companies not to strike any deal with the island.
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The use of electric cars is set to grow in the coming years, but this will not spell the end of demand for oil, the head of the International Energy Agency (IEA) said on Tuesday.
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The U.S. State Department said Monday it is ready to sell thousands of tactical vehicles to Britain in a contract worth more than $1 billion.
The sale comes after the British government requested a possible sale of up to 2,747 Joint Light Tactical Vehicles (JLTVs) in a contract worth $1.035 billion.
The oil industry must accept that global demand for crude may fall by 2050 but rich potential remains in hydrocarbons, especially gas, the head of French energy giant Total said Tuesday.
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After much Beirut-community support surrounding her sold-out design and entrepreneur workshops, the founder and creative lead at Taika Ström, Egle Karalyte, is excited to announce a sequel series.
The workshops will explore creating an exceptional brand experience and launching it in a global marketplace:
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Energy Minister Yuval Steinitz made a rare appearance by a high-ranking Israeli official in the occupied West Bank on Monday to sign an agreement on electricity with the Palestinian Authority.
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Turkish President Recep Tayyip Erdogan on Monday warned global energy companies not to strike any deal with Cyprus for gas and oil exploration in the eastern Mediterranean, after talks missed a "big opportunity" to unite the divided island.
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