Energy Total to sign Iran gas deal, biggest since sanctions lifted TEHRAN: French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore ga Published 02 Jul, 2017 08:28pm
Energy Egypt fuel price hikes fan inflation fears CAIRO: Hisham Gaber had been preparing his wedding for months, but started to have second thoughts as inflation in Egypt Published 02 Jul, 2017 12:43pm
Energy Nigeria's Forte Oil eyes 20bn naira share sale LAGOS: Nigeria's Forte Oil plans a 20 billion naira ($66 mln) share sale to institutional and high net worth investors a Published 20 Jun, 2017 12:39pm
Energy Saudi Arabia's oil exports seen below 7mn bpd in summer: sources, data DUBAI/LONDON: Saudi Arabia's crude exports are expected to fall below 7 million barrels per day this summer, accordi Published 15 Jun, 2017 06:56am
Energy Egypt aims to halve monthly LNG imports this year CAIRO: Egypt plans to halve imports of liquefied natural gas (LNG) to five from 10 cargoes per month by year-end, an off Published 13 Jun, 2017 03:35pm
Energy Libya's NOC warns eastern gov't not to use Qatar spat for 'illegal oil exports' TRIPOLI: Libya's National Oil Corporation (NOC) on Tuesday warned authorities based in the east of the country not to us Published 13 Jun, 2017 12:32pm
Energy Saudi's Falih says no immediate need to adjust oil pact ASTANA: There is no evidence a pact by global oil producers to curb output needs to be adjusted, Saudi Ara Published 10 Jun, 2017 09:00am
Middle East Africa Energy Shell resumes crude exports at Nigeria Forcados terminal LAGOS: Royal Dutch Shell has resumed crude exports from its Forcados terminal in Nigeria after production was Published 08 Jun, 2017 11:42am
Energy Egypt reduces arrears owed to foreign oil companies to $2.3bn CAIRO: Egypt has reduced arrears owed to foreign oil companies to $2.3 billion, the Egyptian oil ministry said in a stat Published 08 Jun, 2017 09:05am
Energy Libya aims for 1.25mn bpd oil output before year-end ALGIERS: Libya's current oil production is about 835,000 barrels per day with a target output of 1.25 million Published 07 Jun, 2017 03:29pm
Energy OPEC looked at extra 1-1.5pc oil supply cut, could revive proposal DUBAI/LONDON: OPEC discussed cutting its oil output by a further 1-1.5 percent when it met last week, three so Published 01 Jun, 2017 01:43pm
Energy Qatar Petroleum will study raising production capacity of its LNG trains DUBAI: State-run Qatar Petroleum is considering whether to raise the production capacity of its liquefied natural gas tr Published 31 May, 2017 12:10pm
Energy Libyan oil production edges up to 794,000 bpd, expected to rise further TRIPOLI: Libya's national oil production has edged up to 794,000 barrels per day (bpd) as it gradually recover Published 31 May, 2017 12:01pm
Energy Nigeria's oil production to rise as Forcados terminal to resume ABUJA: Nigeria's crude oil production is set to increase because the Forcados terminal will soon resume, the governor of Published 25 May, 2017 06:22pm
Middle East Africa Energy Saudi minister confident of oil cut extension RIYADH: Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production design Published 21 May, 2017 12:24pm
Energy Equatorial Guinea says has crucial Saudi support for OPEC membership bid CAPE TOWN: Africa's third-biggest oil producer Equatorial Guinea said on Thursday it had crucial support from Saudi Arab Published 11 May, 2017 02:50pm
Energy Libya's oil production above 800,000 bpd for first time since 2014 TUNIS: Libya's oil production is running at above 800,000 barrels per day (bpd) for the first time since 2014, the Natio Published 10 May, 2017 12:53pm
Energy OPEC, non-OPEC discuss extending supply cut by 9 months or more DUBAI/LONDON: OPEC and non-member oil producers are considering extending a global supply cut for nine months or more to Published 08 May, 2017 04:56pm
Energy Iraq loading first crude oil cargo for Egypt under new deal BAGHDAD: Iraq's oil ministry said on Thursday it had started loading a tanker with 2 million barrels of crude oil bound Published 04 May, 2017 03:31pm
Energy Nigeria's oil production running at 2mn barrels a day ABUJA: Nigeria's oil production stands at 2 million barrels per day, the managing director of the state oil company said Published 02 May, 2017 05:41pm
Energy Saudi's SABIC 'very positive' on 2017 despite oil market uncertainty DUBAI: Saudi Basic Industries Corporation (SABIC) is "very positive" about 2017 despite global challenges, the company's Published 02 May, 2017 03:05pm
Energy Libyan oil production now more than 760,000 bpd: NOC TRIPOLI: Libya's oil production, the country's main source of revenue, rose Monday to more than 760,000 barrel Published 01 May, 2017 05:14pm
Middle East Africa Energy Saudi Arabia says foils bombing attempt on Aramco fuel distribution terminal DUBAI: Saudi forces foiled an attempt from Yemen to blow up an Aramco fuel terminal in the southern Jazan province on Tu Published 26 Apr, 2017 04:36pm
Energy Algeria, Venezuela agree to back extension of OPEC output deal ALGIERS: Algeria and Venezuela agreed to back an extension of the deal between OPEC and non-OPEC oil producers Published 26 Apr, 2017 03:14pm
Energy Saudi Arabia, Kuwait signal likely extension of oil output cut ABU DHABI: Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal on Thursday that OPEC plans to extend Published 20 Apr, 2017 02:50pm
Energy Angolan crude oil exports to rise to 1.67 million bpd in June LONDON: Angola's crude oil exports are expected to rise to 1.67 million barrels per day (bpd) in June, accordi Published 18 Apr, 2017 04:50pm
Energy Saudi oil exports drop in February on OPEC cut deal DUBAI: Saudi Arabia's crude oil exports in February fell to their lowest level since mid-2015, official data showed on T Published 18 Apr, 2017 02:21pm
Energy Asia Fuel Oil-Falling crude boosts refining margins, spreads steady DUBAI: Asia's refining margin for 180-cst fuel oil against Dubai crude rose to a 5-week high on Tuesday, after crude oil Published 18 Apr, 2017 01:51pm
Energy Middle East Crude-Dubai falls to lowest since November SINGAPORE: The Middle East crude benchmark Dubai fell to the widest discount against swaps since November and spot grade Published 17 Apr, 2017 02:52pm
Middle East Africa Energy Asia Fuel Oil-380-cst spreads trend lower on supply concerns, cash premiums steady DUBAI: Time spreads for the front month 380-cst contract edged higher on Monday from the previous session but have trend Published 17 Apr, 2017 02:46pm