Moscow: With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from...
Moscow: With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from...
Dubai: Iran is optimistic about Opec reaching an agreement and plans to announce its own decision about any output curbs at the group’s...
Amsterdam: Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing...
Paris: An agreement to cut global oil production is possible, but would only happen if countries that do not belong to the Organization...
BAGHDAD: Iraq is willing to cut its crude oil output as part of OPEC’s plan to reduce global supply and boost crude prices,...
Hong Kong: Asian markets rose Tuesday with energy stocks tracking a surge in oil prices, while Tokyo hit a fresh 10-month high after...
BENGHAZI, Libya: Libya’s Waha Oil Co says its production has reached more than 75,000 barrels per day (bpd) through the Waha and Samah...
LONDON: BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in...
BAGHDAD: Iraq's oil minister Jabar Ali al-Luaibi will make suggestions at a meeting of OPEC oil ministers at the end of the month...
Kuwait renewed a contract to supply Egypt with crude oil for the next three years, according to a senior Kuwaiti government official, who...
LONDON: Glencore is seeking to raise $550 million from investors via a debt issue guaranteed by oil from Iraqi Kurdistan in an attempt...
RIYADH/DOHA: The energy minister for top OPEC exporter Saudi Arabia said on Thursday he was optimistic about OPEC’s deal to limit oil output...
ALGIERS: An informal meeting of OPEC members is likely to be convened in Doha on Friday to build consensus over decisions taken by...
DUBAI: Saudi Arabian and Russia energy ministers could meet in Qatar this week on the sidelines of a major energy forum, industry sources...
ANKARA: Turkey's BOTAS Pipeline Corporation aims to increase Turkish natural gas system's daily capacity to 350 million cubic meters (mcm) per day from...
Tokyo: Oil prices were little changed on Monday near multi-month lows, dragged down by worries about oversupply as OPEC saw record output last...
Iran boosted oil output at three western fields faster than it expected as rival OPEC producer Saudi Arabia called for a collective output...
DUBAI: Iran opened three oilfields with a total production of more than 220,000 barrels per day (bpd) on Sunday, as the country ramps...
