Energy Oil losing grip on transport fuel market:areport LONDON: The transport industry that burns over half the world's oil is wriggling free from dependence on gasoline and di Published 08 Oct, 2012 01:14am
Energy Dutch court rejects Shell bid to ban Greenpeace protests HAGUE: Dutch court on Friday rejected a bid by oil multinational Royal Dutch Shell to ban Greenpeace from protesting nea Published 05 Oct, 2012 03:36pm
Energy Oil prices slip on profit taking, before key data LONDON: Oil prices fell Friday, as many traders cashed in some of their bumper gains from the previous day, and eagerly Published 05 Oct, 2012 01:08pm
Energy Eni discovers gas and condensate in Barents Sea OSLO: Eni has discovered gas and condensate northwest of the Snoehvit field in the Barents Sea, the Norwegian Petroleum Published 05 Oct, 2012 06:35am
Energy Oil rallies to $109 as risk appetite returns LONDON: Brent crude oil rose towards $109 per barrel on Thursday as expectations Spain would seek a bailout and better U Published 04 Oct, 2012 10:39am
Energy Gulf Keystone raises funds as it scales up in Kurdistan LONDON: Britain's Gulf Keystone Petroleum is to raise $200 million to bolster its resources as it pushes to expand its o Published 04 Oct, 2012 07:16am
Energy Oil falls as economic data dims demand outlook LONDON: Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Euro Published 03 Oct, 2012 09:26am
Europe Energy Statoil says signs rig contracts worth NOK 9.2bn OSLO: Norwegian oil and gas firm Statoil has signed contracts for three drill rigs to be used offshore Norway at a total Published 03 Oct, 2012 08:47am
Energy Brent crude falls on growth, Europe debt worry LONDON: Brent crude oil futures fell $1 a barrel on Wednesday, dented by concerns about global growth and the outlook fo Published 03 Oct, 2012 07:15am
Energy BP to shut UK CATS Riser platform for work in July/Aug 2013 LONDON: BP will shut down the North Sea CATS Riser platform from July 1-Aug. 15 next year for maintenance and will under Published 03 Oct, 2012 07:03am
Energy Russia's Sept oil output at new high of 10.41mn bpd MOSCOW: Russia's oil output, the world's largest, edged up 0.3 percent in September to reach a new post-Soviet high of 1 Published 02 Oct, 2012 05:58am
Energy Turkey raises gas, electricity prices by 9.8pc ANKARA: Turkey raised natural gas and electricity prices by 9.8 percent from Monday in line with rising global energy co Published 01 Oct, 2012 08:55am
Energy MOL to axe 700 jobs in downstream reshuffle BUDAPEST: Hungarian oil and gas group MOL plans to lay off 700 workers as part of a wider reorganisation of its downstre Published 29 Sep, 2012 04:13pm
Energy Aker Solutions wins $400mn Shell contract in Brunei OSLO: Norwegian oil services firm Aker Solutions has won a five-year 2.3 billion crown ($400 million) contract to manage Published 27 Sep, 2012 06:34am
Europe Energy Europe Oil Products-Firmer on maintenance, bullish data LONDON: Gasoline barge prices and gasoil barge differentials firmed in northwest Europe on Wednesday as Europe hit its p Published 26 Sep, 2012 09:43pm
Energy Russian billionaires seek full BP buyout MOSCOW: The battle for control of BP's Russian oil joint venture escalated on Wednesday when its local tycoon co-owners Published 26 Sep, 2012 01:34pm
Energy New York oil price slides close to two-month low LONDON: The price of New York oil sank on Wednesday to the lowest point in almost two months, pressured by eurozone debt Published 26 Sep, 2012 12:13pm
Energy UK winter gas drops to lowest level since August LONDON: British natural gas prices for delivery in the upcoming winter season dropped to their lowest level since the be Published 26 Sep, 2012 09:13am
Energy Crude oil falls more than $1 on euro zone worries LONDON: Crude oil futures fell more than $1 per barrel on Wednesday on worries over the euro zone debt crisis as Greece Published 26 Sep, 2012 08:43am
Energy Oil climbs above $110; Iran in focus LONDON: Oil rose above $110 a barrel on Tuesday as escalating tensions over Iran offset plentiful supplies and concern o Published 25 Sep, 2012 10:24am
Energy Turkey to begin Russia gas contract talks in new year ISTANBUL: Turkey will begin talks with Russia in the new year on transferring a further 4 billion cubic metres (bcm) of Published 25 Sep, 2012 08:59am
Energy Oil falls below $110 on growth worries LONDON: Brent crude oil fell below $110 a barrel on Monday, dragged down by a firm dollar and worries over weak global e Published 24 Sep, 2012 09:49am
Europe Energy Brent crude oil falls $2 as growth worries deepen LONDON: North Sea Brent crude oil fell $2 per barrel on Monday, dragged down by a firm dollar and worries over weak glob Published 24 Sep, 2012 09:10am
Energy Total sees 2017 output potential at 3mn oil barrels/day PARIS: French oil group Total expects its production potential to reach about 3 million barrels of oil a day in 2017 bol Published 24 Sep, 2012 08:16am
Energy BP plans board seat for Russian: paper LONDON: British oil giant BP, which wants to buy a stake in Russian state-controlled rival Rosneft, plans to appoint a p Published 23 Sep, 2012 02:56pm
Energy Crude oil falls below $108 on China data, Saudi pledge LONDON: Brent crude fell below $108 a barrel on Thursday after data showed China's manufacturing is still contracting, a Published 20 Sep, 2012 10:18am
Energy UK gas prices flat despite short system LONDON: British prompt gas prices moved sideways on Thursday morning as an undersupplied system, due to low Norwegian im Published 20 Sep, 2012 09:48am
Energy Brent crude drops more than $1 to $107.18/bbl LONDON: Brent crude futures fell more than $1 to $107.18 a barrel on Thursday after Saudi Arabia's pledge earlier this w Published 20 Sep, 2012 07:53am
Energy UK gas rises with cold weather, Dutch pipeline outage LONDON: British prompt gas prices rose on Wednesday, reflecting a rise in demand due to cooler weather conditions and ti Published 19 Sep, 2012 10:14am
Europe Energy Oil rises as Japan also opens monetary taps LONDON: Brent crude oil prices rose on Wednesday after Japan's central bank became the latest country to further open th Published 19 Sep, 2012 09:27am
Import of items under FTAs, PTAs during 2022-23: Major decrease in duty exemptions/concessions witnessed