Energy Nigeria's Oando gets court order to lift share price suspension LAGOS: Nigerian oil company Oando has obtained a court order to lift the suspension of trading in its shares and halt a Published 24 Oct, 2017 09:12pm
Energy West Africa Crude-Bonny programme issued for Nov, Nigerian weaker LONDON: Nigerian crude differentials looked to be coming under downward pressure on Monday from ample local supply and c Published 23 Oct, 2017 05:55pm
Energy Iraq increases oil exports from south by 200,000 bpd to make up for Kirkuk fields shortfall BAGHDAD: Iraq increased on Saturday oil exports from the southern Basra region by 200,000 barrels per day, to make u Published 21 Oct, 2017 06:22am
Energy Financial, security woes put Libyan oil recovery on shaky ground TUNIS/TRIPOLI: Libya's oil production revival is being undermined by the same financial, economic and security problems Published 18 Oct, 2017 03:25pm
Energy Pumping halts at two main oil fields in Iraq's Kirkuk: ministry BAGHDAD: Pumping stopped at Kirkuk's two main oil fields Monday as Iraqi forces advanced in the disputed region followin Published 16 Oct, 2017 08:35pm
Energy Kurds accuse Baghdad of readying push for oil fields ARBIL: Kurdish authorities accused the Iraqi government on Friday of massing forces in readiness for an offensive to Published 13 Oct, 2017 06:55am
Energy Oil rises above $56 on Saudi export cut LONDON: Oil rose to above $56 a barrel on Tuesday, supported by Saudi Arabian export cuts in November and comments from Published 10 Oct, 2017 06:45pm
Middle East Africa Energy Algeria plans fuel price, tax hike to offset fall in energy revenues ALGIERS: Algeria plans to raise prices of subsidised gasoline and diesel for a third straight year in 2018 to cut domest Published 10 Oct, 2017 03:12pm
Energy Saudi Arabia cuts crude oil allocation for Nov. by 560,000 bpd - oil ministry DUBAI: Saudi Arabia has cut crude oil allocations for November by 560,000 barrels per day, an oil ministry spokesman sai Published 09 Oct, 2017 08:00pm
Energy First tanker docks at Benghazi port since 2014 closure BENGHAZI: A fuel tanker docked at Benghazi port in eastern Libya on Monday for the first time since being closed in 2014 Published 09 Oct, 2017 06:40pm
Energy Saudi Aramco eyes joint venture deal in India by next year NEW DELHI: State-run oil giant Saudi Aramco is in talks with several Indian refiners and hopes to land a joint venture d Published 08 Oct, 2017 06:54pm
Energy Algeria eyes return to controversial shale gas exploration ALGIERS: Algerian authorities have called on state-owned oil giant Sonatrach to restart shale gas exploration work suspe Published 02 Oct, 2017 04:18pm
Energy West Africa Crude-Diffs under pressure due to oil sales from storage BRUSSELS: Sales from storage, spurred by a flat forward structure in Brent prices, were weighing on differentials for We Published 22 Sep, 2017 06:03pm
Middle East Africa Energy Egypt vegetable oil reserves at 3.5 months after tender DUBAI: Egypt's strategic reserves of vegetable oils are at 3.5 months following its latest purchase tender on Wednesday, Published 20 Sep, 2017 11:30pm
Energy Nigeria's Forte Oil puts 20bn naira share sale on hold LAGOS: Forte Oil has put a planned 20 billion naira ($64 million) share sale on hold, after it received regulatory appro Published 20 Sep, 2017 10:09pm
Energy Kuwait outperforms on FTSE hopes, Dana keeps rising in UAE DUBAI: Kuwait's stock market outperformed on Tuesday as it reopened after Eid al-Adha holidays, while Abu Dhabi-listed D Published 05 Sep, 2017 08:34pm
Energy Nigeria's oil output in July slightly below 1.8mn bpd ABUJA: Nigeria's oil production, excluding condensates, was slightly below 1.8 million barrels per day in July, the coun Published 24 Aug, 2017 07:24pm
Energy Zambia cuts fuel prices on oil price drop, stronger kwacha LUSAKA: Zambian consumers will pay less for fuel at the pump from Monday midnight after the nation's energy regulator cu Published 07 Aug, 2017 08:17pm
Energy Nigeria's state oil company signs deals with Chevron, Shell LAGOS: Nigeria's state oil company said on Thursday it had signed financing agreements with Chevron and Shell worth at l Published 03 Aug, 2017 07:28pm
Energy UAE's ADNOC cuts Sept crude allocation by 10pc for most customers DUBAI/SINGAPORE: Abu Dhabi National Oil Co (ADNOC) has cut its crude allocations by 10 percent for September for the maj Published 25 Jul, 2017 05:44pm
Energy Oil gains after Saudi vows to cap crude exports next month LONDON: Oil rose on Monday, erasing early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to Published 24 Jul, 2017 05:19pm
Energy UAE oil giant in talks to obtain loan of up to $5 billion DUBAI: Abu Dhabi oil giant Adnoc is in talks to obtain a syndicated loan worth up to $5 billion, the latest sign that th Published 24 Jul, 2017 04:34pm
Middle East Africa Energy Saudi calls OPEC members to stick to limits, sees oil demand up ST PETERSBURG: OPEC leader Saudi Arabia said on Monday the group would quickly address weak compliance with output c Published 24 Jul, 2017 09:49am
Energy Saudi Aramco considers Zuluf oilfield expansion KHOBAR: State oil firm Saudi Aramco is considering building new facilities to add production of Arabian Heavy crude from Published 19 Jul, 2017 01:41pm
Energy OPEC governors pick Saudi candidate as research head DUBAI/LONDON: OPEC's board of governors has picked Saudi Arabia's candidate, Ayed al-Qahtani, to be the oil exporter gro Published 18 Jul, 2017 08:31pm
Energy Libya's oil production at 1.032 million bpd BENGHAZI: Libya's national oil production stands at 1.032 million barrels per day (bpd), little changed from its level s Published 17 Jul, 2017 07:46pm
Energy MIDEAST STOCKS-Qatar edges up before Cairo meeting, Saudi extends slide DUBAI: Qatar's stock index edged up on Wednesday as foreign ministers of four Arab states prepared to meet to consider s Published 05 Jul, 2017 05:01pm
Energy Qatar raises gas capacity amid Gulf dispute DOHA: Qatar announced on Tuesday it planned to raise liquefied natural gas (LNG) capacity by 30 percent in an appare Published 04 Jul, 2017 03:35pm
Energy Qatar to boost gas production by 30pc DOHA: Energy-rich Qatar said Tuesday it plans to increase natural gas production by 30 percent over the next several Published 04 Jul, 2017 10:33am
Middle East Africa Energy Total marks Iran return with South Pars gas deal DUBAI/PARIS: France's Total signed a deal with Tehran on Monday to develop phase 11 of Iran's South Pars, the world's la Published 03 Jul, 2017 03:53pm