Dubai: Royal Dutch Shell has lifted a cargo of 600,000 barrels of crude oil from Libya’s Zueitina port, its first from the war-torn...
Dubai: Royal Dutch Shell has lifted a cargo of 600,000 barrels of crude oil from Libya’s Zueitina port, its first from the war-torn...
LONDON: Oil prices steadied on Tuesday after a heavy sell-off following a surge in the dollar, and weighed down by signs of weaker...
Amsterdam: Oil prices fell yesterday as a slowdown in Chinese refining raised concerns about demand in the world’s second-biggest consumer, while an increase...
London: Oil rose towards $53 a barrel yesterday ahead of a US inventory report expected to show crude stocks dropped for a sixth...
New York: The growth of shale gas extraction is positioning the United States to be a bigger natural gas exporter, potentially challenging Russia's...
Norway’s oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will...
Oman Oil Refineries and Petroleum Industries Company (ORPIC) said that the total refinery products and petroleum industries in the Sultanate recorded a rise...
Russia’s largest oil company disclosed another advance payment to Venezuela’s state producer after the US sanctioned President Nicolas Maduro on Monday. Rosneft PJSC...
LONDON: BP expects global oil prices to hold within a range of $45-$55 a barrel next year as US shale production grows, the...
LONDON: Royal Dutch Shell is planning for the day when demand for oil starts fading as major economies move away from oil and...
(L to R) Seyed Mohammad Hossein Adeli, Secretary General of Gas Exporting Countries Forum; REPSOL-Spain Executive Director for Latin America & The Caribbean...
The United States is considering financial sanctions on Venezuela that would halt dollar payments for the country’s oil, according to a senior White...
In his final days atop General Electric Co., Jeffrey Immelt still can’t throw off oil’s stink. In his farewell earnings report, the chief...
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...
