LONDON: North Sea oil output tracked by Reuters will rise by 17 percent in November from October to a 2013 high, potentially putting...
LONDON: North Sea oil output tracked by Reuters will rise by 17 percent in November from October to a 2013 high, potentially putting...
WASHINGTON: World Bank President Jim Yong Kim on Friday announced a programme to slash costs and reduce bureaucracy at the huge development organisation...
DETROIT: General Motors Co will go head to head with electric car maker Tesla Motors Inc starting in January, when a plug-in version...
A cargo ship berthing at Rizhao port in Rizhao, east China’s Shandong province. An unexpected drop in exports led to China’s trade surplus...
LONDON: Commodity markets saw mixed fortunes this week, but Brent oil hit a one-month peak on hopes of a deal that would resolve...
WASHINGTON: The United States urged the International Monetary Fund to assess exchange rates and government’s interventions in the exchange market, pointing to China’s...
FRANKFURT: Europe should not delay signing off on a scheme for salvaging or shutting failing banks until it has changed basic EU law,...
BUENOS AIRES: Argentina is investing heavily in shale oil, hoping to ride it to energy self-sufficiency and end dependence on imports that cost...
Qatargas contractors and officials during the forum. Doha: Qatargas hosted for the first time a Contractors Forum at the Hilton Hotel in Doha....
An Alitalia plane takes off from Fiumicino airport near Rome yesterday. ROME: Italy’s government drew fire yesterday after stitching together an emergency bailout...
LONDON: The United States will become the world’s largest oil producer next year — overtaking Russia — thanks to its shale oil boom...
PARIS: France’s constitutional council rejected yesterday a challenge to a law banning hydraulic fracturing for exploration and production of the country’s shale gas...
DAR ES SALAAM: Tanzania, which is sitting on natural gas reserves estimated at double Europe’s annual demand, wants the country’s future liquefied natural...
New York: JPMorgan Chase & Co yesterday posted its first quarterly loss under Chairman and CEO Jamie Dimon after a tangle of legal...
SINGAPORE: India has sold 30,000 tonnes of milling wheat to the United Arab Emirates, its first private deal since late August as tightening...
TOKYO: Toyota yesterday unveiled the next generation of cars featuring an auto pilot system that will swerve to avoid collisions and also keep...
Model post boxes in a souvenir shop in central London, yesterday. Share prices in Britain’s Royal Mail soared by more than a third,...
The Minister of Energy and Industry H E Dr Mohammed bin Saleh Al Sada with Davis Chirchir, Minister of Energy of Kenya, in...