Energy Oil drops below $65 on Fed outlook, ample supply LONDON: Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the US Federal Reser Published 01 Aug, 2019 12:55pm
Energy Shell blames lower energy prices for profit squeeze LONDON: Energy giant Royal Dutch Shell said Thursday its net profit was halved in the second quarter due to lower oil an Published 01 Aug, 2019 09:17am
Energy Libya's biggest oilfield shut, NOC declares force majeure LONDON: Libya's Sharara oilfield, the country's largest, was forced to shut down after a valve on the pipeline linking i Published 31 Jul, 2019 03:31pm
Energy Russia hands Ukrtransnafta 2.3 mln euros in dirty oil compensation - RIA MOSCOW: Ukrainian pipeline operator Ukrtransnafta said on Wednesday it had received 2.3 million euros ($2.56 million) fr Published 31 Jul, 2019 02:56pm
Energy ESPO blend crude oil exports from Kozmino port set to decline by 13pc in Sept/Aug - schedule MOSCOW: ESPO Blend crude oil <ESPO-DUB> loadings from Russia's Pacific port of Kozmino are set to fall to 2.4 mill Published 31 Jul, 2019 02:52pm
Energy LNG tankers heading to Britain, Belgium and the Netherlands The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the Published 31 Jul, 2019 08:07am
Energy Europe Gasoline/Naphtha-Margins receive export lift LONDON: Northwest European gasoline refining margins firmed on Tuesday, boosted by strong export demand, particularly on Published 30 Jul, 2019 04:06pm
Europe Energy Oil prices boosted by expectations of Fed rate cut LONDON: Oil prices rose for a fourth day on Tuesday on optimism the US Federal Reserve will this week cut interest rates Published 30 Jul, 2019 01:25pm
Energy Oil gains on prospect of US interest rate cut LONDON: Oil prices rose on Monday as the prospect of an expected interest rate cut by the US Federal Reserve overshadowe Published 29 Jul, 2019 02:16pm
Energy Russia's Rosneft sells 3 Sept ESPO cargoes to Vitol, ChemChina - sources SINGAPORE: Russia's Rosneft has sold three cargoes of 740,000 barrels each of September-loading ESPO Blend crude oil at Published 29 Jul, 2019 12:55pm
Energy Oil loses ground on pessimism over US-China trade talks LONDON: Oil prices weakened on Monday amid pessimism over US-China trade talks and the prospect of slower economic growt Published 29 Jul, 2019 11:26am
Energy Russia offers to extend Ukraine gas transit deal MOSCOW: Russia has proposed extending by another year a current gas transit deal with Ukraine, its energy minister s Published 26 Jul, 2019 08:36pm
Energy LNG-Asian prices drop on lack of demand to offset oversupply LONDON: Spot liquefied natural gas (LNG) prices in Asia dropped this week as no substantial demand emerged to offset an Published 26 Jul, 2019 04:16pm
Energy Oil on track for weekly gain as Iran tensions support LONDON: Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remaine Published 26 Jul, 2019 01:31pm
Europe Energy Russia wants short-term gas deal with Ukraine before bypass routes done MOSCOW: Russia wants to strike a short-term deal with Kiev on gas transit to Europe when the current ten-year deal expir Published 26 Jul, 2019 08:22am
Energy Eni misses expectations in Q2 as profits drop 27% MILAN: Italian energy group Eni said its adjusted net profit in the second quarter fell 27% on the year to miss expectat Published 26 Jul, 2019 06:48am
Energy LNG tankers heading to Britain, Belgium and the Netherlands The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the Published 25 Jul, 2019 04:06pm
Energy Surgutneftegaz sells 260,000 T of August-loading Urals crude above dated Brent MOSCOW: Russia's Surgutneftegaz on Wednesday sold in a spot tender 260,000 tonnes of Urals crude oil for loading from No Published 25 Jul, 2019 03:23pm
Energy OPEC+ ministerial panel to meet on Sept. 12 LONDON: A panel of OPEC and non-OPEC ministers which reviews the producers' deal on limiting oil supply will next meet o Published 25 Jul, 2019 11:54am
Energy Oil rises on US stock decline, but manufacturing slowdown caps gains LONDON: Oil prices rose on Thursday amid Middle East tensions and a big fall in US crude stocks, but gains were capped a Published 25 Jul, 2019 11:01am
Energy UK GAS-Prices rise as carbon extends gains, temperatures soar British wholesale gas prices rose on Thursday as carbon extended gains towards 30 euros a tonne, temperatures soared and Published 25 Jul, 2019 10:49am
Energy Australia's Ichthys LNG plant offers two cargoes for Aug-Sept loading LONDON: Australia's Ichthys liquefied natural gas (LNG) plant has offered two cargoes for loading in August and Septembe Published 24 Jul, 2019 03:41pm
Europe Energy Russia's Novatek quarterly earnings more than double to $1.1bn MOSCOW: Russian gas producer Novatek said its net income more than doubled in the second quarter year-on-year to 69.18 b Published 24 Jul, 2019 01:43pm
Energy Oil edges up on US stock decline, Mideast tensions LONDON: Oil prices edged higher on Wednesday, supported by a sharp fall in US crude stocks and tensions over Iran. Br Published 24 Jul, 2019 12:39pm
Energy UK GAS-Prices heat up as wind power dips and temperatures soar LONDON: British wholesale gas prices mostly rose on Wednesday morning, with wind power generation expected to dip while Published 24 Jul, 2019 10:15am
Energy LNG tankers heading to Britain, Belgium and the Netherlands The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the Published 24 Jul, 2019 10:01am
Energy Oil slips to around $63 as Iran concerns fade for now LONDON: Oil slipped to around $63 a barrel on Tuesday as concerns faded for now that rising tensions in the Middle East Published 23 Jul, 2019 01:11pm
Energy Russia's Gazprom sells Sept-loading ESPO at higher premium MOSCOW: Russia's Gazprom has sold 740,000 barrels of September-loading ESPO crude at a premium of around $5.50 a barrel Published 23 Jul, 2019 11:08am
Energy Oil edges further above $63 on Mideast tensions LONDON: Oil edged further above $63 a barrel on Tuesday, supported by rising tensions in the Middle East after Iran's se Published 23 Jul, 2019 11:02am
Europe Energy Russia's Transneft wants limits set on tainted oil claims MOSCOW: An upper limit should be set on compensation claims stemming from the contamination of Russian oil, Maxim Grisha Published 23 Jul, 2019 10:14am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?