Oil rises 2% on US-Iran tensions, improved demandOil prices gained more than 2% on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while dra...
Israel-exposed stocks fall on fears of escalation in Middle East conflictEnergy and defense stocks on both sides of the Atlantic rose, while airline shares dropped on fears of higher fuel costs and as several car...
Cairn Oil & Gas appoints Steve Moore as COO"Having previously held positions with Shell, Maersk and Mubadala, Moore has over three decades of extensive international experience in te...
FTSE 100 drops on stronger pound; Melrose top loserThe British engineer dropped 5.5% after it agreed to sell its Nortek Air Management business for about 2.62 billion pounds ($3.63 billion) ...
Israel to award gas exploration license to a consortium of Indian oil PSUsThe decision, coming just ahead of Israeli PM Benjamin Netanyahu's proposed mid-January visit to India, is being seen as another step in en...
Indian oil companies to explore Israeli block for first timeIsrael, with its major gas reserves, has emerged as a greener pasture for the Indian oil companies as Iran plays truant on Farzad-B gas fie...