Dubai: Oil giant Saudi Aramco has started a series of fixed income investor meetings ahead of its first riyal-denominated sukuk issue, banking sources...
Dubai: Oil giant Saudi Aramco has started a series of fixed income investor meetings ahead of its first riyal-denominated sukuk issue, banking sources...
MAPUTO, Mozambique: Italian energy company ENI will pay Mozambique's government $350 million in capital gains tax after selling part of its stake in...
London: Oil prices climbed yesterday helped by expectations that an Opec-led output cut would be extended beyond June but gains were pegged back...
Vienna: The price of OPEC basket of thirteen crudes stood at $49.36 a barrel on Friday, compared with $49.70 the previous day, according...
LONDON: Italy has given its final blessing to a 5.2 billion euro loan made in January by bank Intesa SanPaolo to finance the...
New York: A year after Cheniere Energy Inc.’s Louisiana terminal shipped the first exports of US natural gas from shale, cargoes from the...
Baghdad: Iraq Ministry of Oil announced the production of crude oil last February exceeded 4.5 million barrels per day. In a press statement...
London: BP is in talks with Ineos AG to sell the Forties pipeline, one of the most important pieces of oil infrastructure in...
New York/Washington/London: Opec and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi...
London: Global oil inventories rose for the first time in January as the market grappled with a swell in production last year, but...
CAIRO: Saudi Aramco oil product shipments to Egypt will resume very shortly, an Egyptian Petroleum Ministry official told Reuters on Wednesday. “Very shortly...
DUBAI: Iran will keep its oil production cap at 3.8 million barrels per day in the second half of 2017, the country's oil...
Seoul: Hyundai has signed a deal worth three billion euros ($3.2 billion) to invest in a major Iranian oil project, it confirmed on...
Dubai : Major Gulf stock market indexes mostly closed lower yesterday after oil prices plunged at the end of last week to a...
BP Plc’s shares surged the most this year after a London newspaper reported on rumours that ExxonMobil Corp. sounded out major shareholders over...
NEW YORK: Oil bulls trying to push the crude market higher finally waved the white flag on Wednesday, triggering the biggest rout in...
London: Oil dropped further below $56 a barrel yesteday after an industry report pointed to a large rise in crude inventories in the...
Nicosia: US energy giant ExxonMobil, Qatar Petroleum, Italy's ENI and France's Total have successfully bid for rights to explore for oil and gas...
