ReutersEgypt's president asks oil minister to form new cabinet after government resignsReutersCAIRO Egyptian President Abdel Fattah al-Sisi on Saturday asked Oil Minister Sherif Ismail to form a new cabinet within one week after the government submitte …

Financial TimesUS shale oil industry hit by $30bn lossesFinancial TimesCapital spending by listed US independent oil and gas companies exceeded their cash from operations by about $32bn in the six months to June, approaching the deficit of $37.7bn reported …

Saudi Arabia's stock market slips on weak oil prices, Egypt edges upEconomic TimesThe main Saudi stock index edged down 0.3 per cent and petrochemicals heavyweight Saudi Basic Industries fell 0.7 per cent after oil prices, which affect the company' …

BloombergMideast Stocks Sink as Oil at 2009-Low Sparks ConcernBloombergDubai led a retreat in Middle Eastern stocks, extending last week's global selloff, as crude's decline to a six-year low reverberated through a region dependent on oil and gas e …

Dubai Stocks Lead Mideast Declines as Oil Slump Clouds Outlook - Bloomberg ...BloombergDubai stocks retreated, leading equity markets lower across the Gulf, after oil dropped to the lowest in four-months and some investors sought to benefit from a rally in …

OUPblog (blog)Oil, arms, and corruption: a poisonous nexus?OUPblog (blog)The Middle East, home to many of the world's top oil producers, has always been a region of high military spending. In recent decades, however, there has been a surge in military …

OCRegisterThere's no spill-proof way to transport oil. That means leaks and worse will ...OCRegisterLong-distance pipelines were developed in the late 19th century to compete with railroads for the conveyance of crude oil. The problem in the 1870s was …

MIDEAST STOCKS-Weaker oil may pressure Gulf; Suez news positive for EgyptReutersDUBAI, June 14 Gulf stock markets may come under pressure on Sunday after oil prices fell on Friday, giving up most of the gains made earlier in the week. In Egypt, news that t …

Could This Trigger A New Oil Boom In Mexico?OilPrice.comMexico's state-owned oil company, Petroleos Mexicanos or Pemex, says it's discovered one of the most copious group of oil fields in the shallow waters of the Gulf of Mexico, its largest such d …

Business InsiderOil prices stabilize, firm demand counters oversupplyBusiness Insider"Comments from Saudi Arabian oil minister Ali al-Naimi were characteristically upbeat, acknowledging a current surplus in the market, but anticipating stronger second …