LONDON: Oil edged up to about $49 a barrel on Monday as fewer drilling rigs were added in the United States, helping ease...
LONDON: Oil edged up to about $49 a barrel on Monday as fewer drilling rigs were added in the United States, helping ease...
New York: Bob Ravnaas raised a paddle in a Houston auction house to secure his first block of mineral rights 19 years ago,...
Algeria: Algeria’s overall energy production rose 2.5 percent in the first quarter of 2017 compared with the same period last year, mainly due...
Budapest: Hungary signed a deal with Russia’s Gazprom to link the country with the Turkish Stream pipeline by end-2019 on Wednesday, a day...
LONDON: Oil prices fell more than 2 percent on Wednesday, ending their longest bull-run in more than five years, as climbing OPEC exports...
Moscow: Russia will start supplying gas to China through a new pipeline by the end of 2019, state gas giant Gazprom said yesterday,...
Nigeria: Nigeria’s state oil company has saved $2bn in the past year by renegotiating its upstream servicing contracts, it said yesterday, as it...
London: Brent oil prices gained slightly yesterday, stabilising near $50 a barrel on tentative signs that a persistent rise in US crude production...
London: Oil pared earlier losses yesterday, resuming its longest stretch of daily rallies in more than five years after data pointed to moderating...
LONDON: Oil pared earlier losses on Monday, resuming its longest stretch of daily rallies in more than five years after data pointed to...
Tehran: French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field on Monday, the oil ministry...
London: Oil prices rose to a two-week high yesterday, extending a rally into a sixth straight session after a decline in weekly US...
Singapore: Oil prices held near multi-month lows on Wednesday as investors discounted evidence of strong compliance by OPEC and non-OPEC oil producers with...
The costs of production of shale oil is expected to rise going forward after years of decline. This will lead to a progressively...
London: Oil fell yesterday after reports showed global supply was rising and US crude inventories were still increasing, raising concerns the market could...
PARIS: OPEC's plan to cut production and support prices is likely to be undone by increased output in the U.S., the International Energy...
Boca de Camarioca: Near the Cuban seaside village of Boca de Camarioca, a giant drill runs into the ground and out to sea,...
London: Oil fell for a second day yesterday to hit one-month lows after an unexpected surge in US inventories and the return of...
