Iraq's oil minister says the country plans to increase daily crude oil production to 5 million barrels by the end of this year, up from the current rate of about 4.4 million barrels per day
A passenger train collided with an oil tanker truck in eastern Punjab before dawn Tuesday, killing the driver and his assistant and injuring 10 others, officials said
Saudi Arabia has reduced the tax rate for Saudi Aramco as plans move forward to publicly list shares of the state-owned oil giant
The Qatar Foundation says it is looking at possible job cuts, the latest Qatari organization to acknowledge being hurt amid low global oil and gas prices
The fight for Libya's Ras Lanuf refinery and nearby Sidr depot threatens to spiral into open conflict between rival factions vying for power from east and west
IMF: Iran's economy rebounds after nuclear deal but uncertainty looms over future sanctions, domestic bank problems
U.S. Defense Secretary Jim Mattis says he believes U.S. forces will be in Iraq and in the fight against Islamic State militants for a while, despite some rocky times between the two nations
The United Arab Emirates' main state oil company has agreed to give CEFC China Energy a 4 percent stake in a major onshore oil project a day after awarding a minority stake to another Chinese company
The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project
Iraq says new exploration has revealed an additional 10 billion barrels of oil, bringing its total proven reserves to 153 billion barrels
