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...
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...
Algiers: Saudi Arabia's oil minister said it was "imperative" that OPEC nations finalise an agreement over a cut in oil production aimed at...
SINGAPORE: Oil prices dipped on Thursday, pulled down by rising U.S. crude inventories and as markets tried to interpret U.S. President-elect Donald Trump's...
SINGAPORE: Oil prices tumbled on Wednesday as vote counting showed Republican Donald Trump edging ahead in an unexpectedly tight U.S. presidential election, setting...
Paris: A global pact to battle global warming entered into force last week, but the latest long-term look into the energy market by...
Paris: The OPEC cartel warned Tuesday that the oil industry needs to step up investments to guarantee sufficient supply as low prices stimulate...
By Alex Lawler LONDON: Global demand for OPEC’s crude oil will rise in the next three years, the group forecast, suggesting its 2014...
