Energy Petrobras CEO oil at $105-125 in 2012 DAVOS: Demand from emerging markets and financial flows will keep crude prices high and volatile at around $105-125 per Published 28 Jan, 2012 09:58am
Energy Investment group eyes Petroplus French refinery GENEVA: Gary Klesch, head of the Klesch investment group, said Friday he was interested in buying the embattled oil refi Published 27 Jan, 2012 06:34pm
Energy Brent buoyed by Iran threat, economy hope LONDON: Brent crude rose above $111 on Friday as comments from Iran that it might stop exports to the European Union int Published 27 Jan, 2012 11:16am
Energy Brent rises above $110 as Fed vows low interest rates LONDON: Brent crude rose above $110 on Thursday, extending gains on the back of a weaker dollar after the US Federal Res Published 26 Jan, 2012 11:40am
Energy Brent slips to $110 as euro zone worries weigh LONDON: Brent crude oil slipped to $110 on Tuesday as investors looked away from tension between Iran and the West and s Published 24 Jan, 2012 11:56am
Energy Oil prices rise as EU agrees to Iran embargo LONDON: Oil prices rose on Monday after the European Union agreed to slap an embargo against Iran's crude exports, in a Published 23 Jan, 2012 09:41am
Energy Total to keep Lindsey refinery in UK PARIS: French oil major Total will keep its only U.K. refinery in Lindsey after failing to find a buyer for the plant, d Published 23 Jan, 2012 08:54am
Europe Energy Russian oil output seen rising 1pc in 2012 MOSCOW: Russian Energy Ministry expects crude oil production to edge up by 1 percent this year to a new record as a de Published 21 Jan, 2012 04:42pm
Energy British summer gas price hits 13-month low LONDON: British summer gas prices hit a 13-month low on Monday, defying sub-zero temperatures and above-average demand a Published 16 Jan, 2012 06:52pm
Energy Oil retreats as risk aversion returns LONDON: Oil fell on Wednesday as worries about Europe's debt problems reasserted themselves, reversing earlier gains pro Published 11 Jan, 2012 03:23pm
Energy Brent above $113 on Iran supply threat LONDON: Brent crude prices firmed on Monday, trading above $113 a barrel, lifted by Iran's threat to shut a key oil-ship Published 09 Jan, 2012 10:09am
Energy Petroplus in rescue talks with unnamed oil group PARIS: Swiss oil refiner Petroplus is talking to an unnamed oil company to secure the new credit lines and crude oil sup Published 05 Jan, 2012 02:35pm
Energy Russia 2011 oil output at new post-Soviet record high MOSCOW: Oil output in Russia, the world's top crude producer, reached a new post-Soviet high of 10.27 million barrels pe Published 02 Jan, 2012 07:57am
Energy Petroplus, banks in talks to continue operations ZURICH : European oil refiner Petroplus said it had open and constructive discussions with its lenders and that talks wo Published 30 Dec, 2011 04:24pm
Europe Energy CO2 price outlook for 2012 LONDON: European emissions prices are expected to remain low next year as fresh supply of permits will outweigh an uptic Published 30 Dec, 2011 03:33pm
Energy Europe power, gas prices end 2011 LONDON: European power, gas and coal prices ended 2011 close to where they began, despite steep rises and falls during t Published 30 Dec, 2011 03:14pm
Energy Eni CEO sees full production in Libya by June 2012 MILAN: Italian oil and gas group Eni expects to return to full capacity in Libya by June of next year, Chief Executive P Published 30 Dec, 2011 06:48am
Energy Oil falls below $107 LONDON: Oil dropped below $107 a barrel on Thursday as a stronger dollar and a rise in US jobless claims countered Irani Published 29 Dec, 2011 03:52pm
Energy Oil above $107, US stocks and Iran in focus LONDON: Oil held above $107 a barrel on Thursday as investors looked ahead to a US supply report expected to show a drop Published 29 Dec, 2011 10:04am
Energy Brent snaps 6-day rally; Iran support fades LONDON: Brent crude slipped on Wednesday as some investors took advantage of a six-day rally to lock in profits and the Published 28 Dec, 2011 11:07am
Energy Russia, Ukraine to avert New Year gas row MOSCOW: Ukraine and Russia will renew gas talks on Jan. 15, Russia's Gazprom said on Monday, as they strive to avert a s Published 26 Dec, 2011 05:26pm
Energy Oil holds near $108 on US economy, supply worries LONDON: Oil held around $108 a barrel on Friday, supported by fresh signs of a strengthening US economy and concern of p Published 23 Dec, 2011 10:42am
Europe Energy Brent gains $1 on supply worry LONDON: Brent crude oil extended gains to rise over $1 on Tuesday, on worries about supply, even as euro zone worries se Published 20 Dec, 2011 08:56am
Energy Oil firms supply worries LONDON: Oil prices rose on Monday as the dollar weakened despite an initial flight-to-safety after the death of North Ko Published 19 Dec, 2011 02:18pm
Energy Brent futures extend gains, up $1 to $104.35/bbl LONDON: Brent crude futures extended gains on Monday, up $1 to $104.35 a barrel as the dollar index fell, rendering doll Published 19 Dec, 2011 10:28am
Energy Oil recovers slightly as dollar slips LONDON: Oil prices climbed towards $106 on Thursday, supported by a weaker dollar and renewed buying interest after the Published 15 Dec, 2011 10:44am
Energy Ukraine suspends on Russia gas deal in budget KIEV: Ukraine, struggling to pay its gas bill to Russia, signalled on Tuesday that final agreement would not come before Published 13 Dec, 2011 08:46pm
Energy US crude oil falls $1 on euro zone gloom LONDON: US crude oil futures fell more than $1 a barrel on Monday on deepening concern over the prospects for the euro z Published 12 Dec, 2011 09:43am
Energy French gas prices could rise 4.5pc PARIS: French retail gas prices could rise 4.5 percent next year, France's Industry Minister said on Sunday, as the gove Published 11 Dec, 2011 03:14pm
Europe Energy OPEC set for meeting amid Iran tensions LONDON: OPEC meets in Vienna this week to decide on whether to change the cartel's oil production levels in the face of Published 11 Dec, 2011 06:19am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn