Energy Oil around $120 as IEA sees fundamentals easing LONDON: Brent crude oil steadied around $120 per barrel on Thursday, supported by a weaker dollar and hopes of faster ec Published 12 Apr, 2012 10:24am
Energy Oil near $120, edges up from two-month low LONDON: Oil edged higher to around $120 a barrel on Wednesday, after falling to its lowest level in almost two months, s Published 11 Apr, 2012 12:46pm
Energy Brent slips below $122 on soft China import data LONDON; Oil slipped below $122 on Tuesday as soft Chinese import data raised concerns about oil demand growth in the wor Published 10 Apr, 2012 02:26pm
Energy Oil falls on Iran talks, US jobs data LONDON: Oil prices fell more than $1 on Monday after Iran agreed to resume talks over its nuclear programme, easing fear Published 09 Apr, 2012 11:31am
Energy Gazprom Neft says may buy into Hellenic Petroleum MOSCOW: Russia's fifth-largest crude producer, Gazprom Neft, is considering buying a stake in Greek oil refiner Hellenic Published 06 Apr, 2012 12:10pm
Energy North Sea Ekofisk oil loadings to fall in May LONDON: The North Sea Ekofisk oil stream will load about 237,000 barrels per day (bpd) in May, a trade source said on Th Published 05 Apr, 2012 03:27pm
Energy Brent dips as healthy jobs reading damps QE3 hopes LONDON: Brent crude prices turned negative on Thursday, extending losses for a third day as a healthy reading of US jobs Published 05 Apr, 2012 02:57pm
Europe Energy Oil slips towards $124 on Fed comments, Saudi supply LONDON: Oil prices dipped towards $124 a barrel on Wednesday on worries demand for crude could be curtailed after the US Published 04 Apr, 2012 09:58am
Energy Total paying $1mn a day to fix leaking North Sea rig PARIS: French energy giant Total said Monday that it was spending $1 million (750,000 euros) per day on repairs to aNort Published 02 Apr, 2012 03:05pm
Energy Brent oil net long positions at fresh highs-ICE LONDON: Speculators lifted their net long positions in Brent crude and in gasoil futures and options to reach fresh high Published 02 Apr, 2012 01:44pm
Energy Estonia oil loadings down 24.7pc yr/yr in March TALLINN: Estonia's main oil loading port, Tallinn, handled 1.9 million tonnes of mostly oil products in March, down 24.7 Published 02 Apr, 2012 01:08pm
Energy Greenpeace carry out tests near North Sea gas leak rig ON BOARD THE KOENIGIN JULIANA: A Greenpeace ship sailed up to the exclusion zone surrounding a stricken North Sea platfo Published 02 Apr, 2012 10:12am
Energy Analysts doubt tapping oil reserves would have much effect PARIS: Western countries could tap their strategic oil reserves to try to rein in rising prices, as several are consider Published 01 Apr, 2012 08:17am
Energy North Sea oil exploration clouded by tough access, high cost ABERDEEN: The North Sea has some way to go before running out of oil but faced with falling output, unlocking new reserv Published 01 Apr, 2012 08:15am
Europe Energy Oil firmer on weak dollar, supply worries LONDON: Oil rose above $123 a barrel on Friday after three losing sessions with support from a weaker dollar and expecta Published 30 Mar, 2012 11:40am
Energy Saudi Arabia says will act to push down oil prices PARIS: Saudi Arabia will act to bring down oil prices, Saudi oil minister Ali Naimi said on Thursday as France signalled Published 29 Mar, 2012 12:41pm
Energy UK gas prices rally on North Sea leak LONDON: UK gas prices rallied on Wednesday as the major gas leak in the North Sea caused a reduction in supplies to Brit Published 28 Mar, 2012 09:45am
Energy Flare alight at North Sea platform hit by gas leak LONDON: A flare was still burning on Wednesday at a North Sea platform that was evacuated following a substantial gas le Published 28 Mar, 2012 09:32am
Energy Oil steady, focus on euro zone worries LONDON: Oil prices were steady at around $125 per barrel on Monday, pausing after a rally of around 1.5 percent the prev Published 26 Mar, 2012 11:59am
Energy Shell scrambles to pay huge bill forIranoil LONDON: Royal Dutch Shell is struggling to pay off $1 billion that it owesIranfor crude oil because European Union andUS Published 25 Mar, 2012 10:51am
Energy Praet sees no inflation problem BERLIN: Higher oil and energy prices are pushing inflation higher for now, but there is no general problem with price pr Published 25 Mar, 2012 10:51am
Energy Oil spikes onIranfears; other markets hit by China data LONDON: Oil prices jumped late Friday onIransupply tensions, but most commodities fell this week as worse-than-expected Published 23 Mar, 2012 06:58pm
Energy BP gets OK to drill deepwater well off Shetland LONDON: BP has got a green light to drill a deepwater well off the Shetland Island, the UK government said on Thursday, Published 22 Mar, 2012 06:55pm
Europe Energy BP gets OK to drill deepwater well off Shetland LONDON: BP has got a green light to drill a deepwater well off the Shetland Island, the UK government said on Thursday, Published 22 Mar, 2012 06:55pm
Energy Oil prices tumble on weak Chinese data LONDON: World oil prices tumbled Thursday in reaction to weak Chinese economic data and after France said industrialised Published 22 Mar, 2012 06:42pm
Energy Oil falls, Saudi assurances offset US inventory drop LONDON: Brent crude oil fell below $124 on Wednesday as Saudi efforts to lower prices by promising to ramp up supply off Published 21 Mar, 2012 02:12pm
Energy Oil prices drop on Saudi assurances LONDON: Oil prices slid on Tuesday after Saudi Arabia, the world's biggest crude exporter, repeated its pledge to make u Published 20 Mar, 2012 06:35pm
Energy Iran worries keep oil around $125 LONDON: Brent crude oil held around $125 on Monday as tension over Iran's nuclear programme supported prices, offsetting Published 19 Mar, 2012 01:23pm
Energy Brent crude edges back to near $123 LONDON: Brent crude rebounded on Friday, trading near $123 a barrel as traders refocused on restricted Iranian exports a Published 16 Mar, 2012 12:51pm
Europe Energy Italy EGP ups LatAm capacity with new Guatemala plant MILAN: Enel Green Power has started up a new, 85 megawatt capacity hydroelectric plant in Guatemala, raising its total i Published 15 Mar, 2012 03:20pm