Energy Iraq's oil exports from southern ports 3.45mn bpd in March BAGHDAD: Iraq exported 3.453 million barrels per day (bpd) of crude oil from its southern ports in March, slightly above Published 01 Apr, 2018 12:36pm
Energy Iraq to reduce fees paid to foreign oil companies BAGHDAD: Iraq will exclude oil by-products from foreign oil companies' revenues in new contracts expected to be awarded Published 29 Mar, 2018 11:50am
Energy OPEC seeks ‘very long-term’ cooperation with other oil exporters BAGHDAD: OPEC is seeking "very long-term" cooperation with other oil exporters, the secretary general of the oil exporti Published 28 Mar, 2018 09:59am
Energy UAE's ADNOC awards PetroChina stakes in two offshore concessions ABU DHABI: PetroChina will take 10 percent stakes in two of Abu Dhabi National Oil Company's (ADNOC) offshore concession Published 21 Mar, 2018 10:38am
Energy UAE's ADNOC awards Total stakes in two offshore concessions ABU DHABI: Abu Dhabi National Oil Company (ADNOC) said on Sunday it signed 40-year agreements with France's Total, award Published 18 Mar, 2018 11:01am
Energy Kuwait Oil Tanker Co. signs financing deal for eight tankers DUBAI: Kuwait Oil Tanker Company said on Thursday it had signed a 140 million dinar ($467 million) financing deal with t Published 15 Mar, 2018 11:37am
Energy Iraq to increase Kirkuk oilfields output to supply refineries BAGHDAD: Iraq's state-run North Oil Company (NOC) has begun testing operations at its Avana and Bai Hassan oilfields in Published 14 Mar, 2018 02:39pm
Middle East Africa Energy Qatar Petroleum announces Abu Dhabi oil deal despite boycott DOHA: State-owned Qatar Petroleum announced Tuesday it has signed a deal with Abu Dhabi to operate the shared Al-Bunduq Published 13 Mar, 2018 09:52am
Energy Nigeria's NNPC says in talks on refineries revamp CAPE TOWN: Nigeria's national oil firm NNPC is negotiating with various companies on timeline of upgrading several old r Published 13 Mar, 2018 09:07am
Energy OPEC's Barkindo to visit Azerbaijan on March 17-19 BAKU: OPEC Secretary-General Mohammad Barkindo is expected to visit Azerbaijan on March 17-19, a spokeswoman for the Aze Published 12 Mar, 2018 12:50pm
Energy Iran: OPEC could agree in June to start easing oil output cuts in 2019 DUBAI: Iranian oil minister Bijan Zanganeh said OPEC could agree in June to begin easing current oil production curbs in Published 11 Mar, 2018 02:07pm
Energy Exxon Mobil interested in working in Algeria, Sonatrach CEO says ALGIERS: US oil major Exxon Mobil has shown an interest in working in Algeria, the head of state energy firm Sonatrach s Published 06 Mar, 2018 03:04pm
Energy Russia's Rosneft holds key to fixing Iraqi Kurdistan oil flows ERBIL: Russian state oil company Rosneft has emerged with an important role in talks between Iraq's government and Iraqi Published 05 Mar, 2018 02:12pm
Energy Saudi Arabia cuts April Arab light crude OSP to Asia DUBAI: Top oil exporter Saudi Arabia has cut its April price for its Arab Light grade for Asian customers by $0.55 a bar Published 05 Mar, 2018 02:06pm
Middle East Africa Energy UAE's ADNOC tells customers of 25pc crude supply cuts in April DUBAI: Abu Dhabi National Oil Company (ADNOC) has informed its customers of cuts in crude allocations for April, in line Published 01 Mar, 2018 10:09am
Energy Zimbabwe has potential to meet 20pc of global lithium demand HARARE: Zimbabwe has the potential to supply 20 percent of the world's lithium, the mines minister from Africa's top pro Published 28 Feb, 2018 12:04pm
Energy Libya closes pipeline to control fire close to capital TRIPOLI: An exploded fuel pipeline in Zawiya, a city which is some 45 km west of the Libyan capital Tripoli caught fire Published 27 Feb, 2018 08:58am
Energy Libya's Sharara oilfield pumping 308,000 bpd, unaffected by El Feel closure BENGHAZI: Libya's El Sharara oilfield is producing 308,000 barrels per day (bpd) and has not been affected by a shutdown Published 26 Feb, 2018 11:51am
Energy Plan to truck oil from Iraq's Kirkuk to Iran delayed by security concerns LONDON: A plan to truck oil from Iraq's northern Kirkuk fields to Iran cannot be fully implemented at this stage due to Published 26 Feb, 2018 11:39am
Energy Iraq invites bids for construction of Mosul oil refinery ERBIL: Iraq has invited foreign companies and investors to bid for the construction and operation of a new 100,000 barre Published 20 Feb, 2018 11:57am
Energy Saudi oil exports rose slightly in December KHOBAR: Saudi Arabia increased its crude oil exports slightly in December to 7.045 million barrels per day (bpd), of Published 19 Feb, 2018 10:45pm
Energy January compliance with oil reduction pact 133pc: OPEC's Barkindo ABUJA: OPEC Secretary-General Mohammad Barkindo said on Monday the organisation registered 133 percent compliance with a Published 19 Feb, 2018 12:53pm
Middle East Africa Energy Gaza's only power plant shut over fuel shortage GAZA CITY: The sole electricity plant in the Gaza Strip stopped working Thursday because of a lack of fuel, officials sa Published 15 Feb, 2018 01:04pm
Energy Kuwait oil minister says deal for Iraqi gas to be finalised within months DUBAI: Kuwait's oil minister said on Monday that he expects a deal to import Iraqi gas to be finalised within a few mont Published 12 Feb, 2018 03:06pm
Energy Lebanon signs offshore drilling deal amid row with Israel BEIRUT: Lebanon Friday signed its first contract to drill for oil and gas off its coast with a consortium comprising Published 09 Feb, 2018 07:50pm
Energy UAE's ADNOC to invest $3.1bn to upgrade Ruwais oil refinery DUBAI: Abu Dhabi National Oil Company (ADNOC) said on Wednesday it was investing $3.1 billion to upgrade its Ruwais oil Published 07 Feb, 2018 01:39pm
Energy Egypt's fuel subsidy costs jump by 34pc in first half of 2017-2018 CAIRO: Egypt's fuel subsidy costs jumped by 34 percent in the first half of the 2017-18 fiscal year, the Egyptian oil mi Published 07 Feb, 2018 01:06pm
Energy UAE'S ADNOC sets Jan Murban crude premium to Dubai at close to 2-yr high DUBAI/SINGAPORE: Abu Dhabi National Oil Company (ADNOC) said on Monday it set the January retroactive selling price for Published 06 Feb, 2018 05:54am
Energy Total to sell 25pc stake in S. African block to Qatar Petroleum PARIS/DUBAI: Qatar Petroleum said on Monday it had signed an agreement with French oil and gas major Total to acquire a Published 05 Feb, 2018 01:39pm
Middle East Africa Energy Kuwait to spend $500bn on oil projects by 2040 KUWAIT CITY: OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output Published 31 Jan, 2018 02:03pm