Iran oil exports continue to breach terms of the joint plan of action (JPOA) agreed by the P5+1, with crude oil output reportedly reaching 1.14mn bpd in July 2014

Abu Dhabi National Oil Corporation (ADNOC) and Kuwait Petroleum Corporation (KPC) are in talks with India to hire a part of its storage facilities, currently under construction

Oil and gas facilities service provider Petrofac has been awarded a contract worth approximately US$8.5mn to provide maintenance build capabilities to the BP-operated Shah Deniz 2 project, in the Caspian Sea

The Middle East, with 80.3 trillion cu/m, is home to 43.2 per cent of the total natural gas deposit in the world, according to a new report

A crude oil tanker from Kurdistan Region of Iraq via Turkey has reached and anchored near the Port of Galveston in Texas, USA