Abu Dhabi opens first licensing auction for 6 oil, gas blocks
Abu Dhabi's state energy company said it had opened its first auction for exploration contracts,… Read More
7 years ago
oil
Bahrain announces discovery of 80 bn barrels of oil
MANAMA: Bahrain on Wednesday announced its newly discovered shale oil reserve was estimated to contain… Read More
7 years ago
Oil rises as Saudi talks about extending output cuts into 2019
LONDON: Oil prices rose on Friday after the Saudi energy minister said OPEC would need… Read More
7 years ago
Saudi Aramco seeks majority stake in Indian refinery
Oil giant Saudi Aramco is looking to buy a majority stake in a proposed refinery… Read More
7 years ago
US to overtake Russia as top oil producer by 2019
TOKYO: The United States will overtake Russia as the world’s biggest oil producer by 2019… Read More
7 years ago
Venezuela begins selling oil-backed cryptocurrency
CARACAS: Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to… Read More
7 years ago
Saudi Arabia seeks to further reduce oil stockpiles
RIYADH: Saudi Arabia said Wednesday it will further trim oil production and exports next month… Read More
8 years ago
Ending North Korea oil supplies would be seen as act of war, says Russia
MOSCOW: The delivery of oil and oil products to North Korea should not be reduced,… Read More
8 years ago
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
LONDON: Oil hit $71 a barrel on Thursday for the first time since 2014, supported… Read More
8 years ago
Saudi Arabia calls for oil producers to extend cooperation
MUSCAT: Top oil exporter Saudi Arabia called Sunday for extending cooperation between OPEC and non-OPEC… Read More
8 years ago
US to overtake Saudi Arabia as crude oil producer: IEA
PARIS: The United States are set to overtake Saudi Arabia as the world's number two… Read More
8 years ago
32 missing after Iranian tanker collides with Chinese ship
BEIJING: A tanker carrying Iranian oil and operated by the country’s top oil shipping operator… Read More
8 years ago
South Korea seizes second ship suspected of providing oil to North Korea
SEOUL: South Korean authorities have seized a Panama-flagged vessel suspected of transferring oil products to… Read More
8 years ago
World Bank to stop financing oil, gas projects from 2019
PARIS: The World Bank will stop financing oil and gas exploration and extraction from 2019, it… Read More
8 years ago
VIDEO: Indian eatery staff throws hot oil at customer for complaining about food
THANE, India: A man faced an unexpected as well as gruesome response from a restaurant… Read More
8 years ago
China data boosts world stocks and commodities, oil jumps
LONDON: World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while US… Read More
8 years ago
Oil rises above $56 on Saudi export cut
LONDON: Oil rose to above $56 a barrel on Tuesday, supported by Saudi Arabian export… Read More
8 years ago
Trump to add sanctions on North Korea, but not on oil: US
NEW YORK: US President Donald Trump said on Thursday the United States will add more… Read More
8 years ago
Will China turn off North Korea’s oil?
BEIJING: China feeds North Korea's energy needs through the "Sino-DPRK Friendship Oil Pipeline", but Washington… Read More
8 years ago
Oil claws back some losses; US crude set for steepest fall in a year
AMSTERDAM: Oil prices rose 1 percent on Thursday, clawing back some of the losses made… Read More
8 years ago