Energy Kuwait, Iraq sign up UK energy adviser for joint oilfield study DUBAI: Kuwait and Iraq signed an agreement on Friday with British energy advisory firm ERC Equipoise to prepare a st Published 02 Aug, 2019 07:08pm
Energy Saudi Arabia keeps July oil output below 10 mn bpd- Saudi source DUBAI: Saudi Arabia's oil production fell to 9.6 million barrels per day in July and will stay below 10 million bpd in t Published 31 Jul, 2019 02:57pm
Energy Oman signs gas exploration agreement with Italy's Eni and BP Oman DUBAI: Oman's ministry of oil and gas has signed a gas exploration agreement with Italy's Eni and BP Oman for concession Published 31 Jul, 2019 08:43am
Energy Singapore's sovereign wealth fund to invest $600 million ADNOC's crude pipelines DUBAI: Singapore's sovereign wealth fund (GI.UL] will invest $600 million in ADNOC's crude pipeline infrastructure, foll Published 30 Jul, 2019 01:28pm
Energy Middle East Crude-Benchmarks mixed, Sakhalin premiums stay firm SINGAPORE: Middle East crude benchmarks were mixed on Monday as Oman weakened after three strong sessions while Dubai an Published 29 Jul, 2019 12:51pm
Energy Old habits die hard: Saudi Arabia struggles to end oil addiction DUBAI: When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly Published 25 Jul, 2019 06:25am
Energy Kuwaiti, Saudi officials discuss resuming Neutral Zone oil production CAIRO: OPEC members Saudi Arabia and Kuwait have discussed resuming oil production in jointly operated fields in the Published 24 Jul, 2019 07:49pm
Middle East Africa Energy Namibia plans to add 220 MW to electricity grid by 2023 WINDHOEK: Namibia's power utility NamPower plans to add 220 MW in new electricity capacity by 2023, as the uranium-p Published 24 Jul, 2019 07:07pm
Energy Libya resumes oil output at largest field after 'sabotage' TRIPOLI: Libya announced the resumption of production Monday at its largest oil field and the loading of crude at a ship Published 22 Jul, 2019 01:26pm
Energy China/Abu Dhabi oil firms sign exploration, refining agreement BEIJING/SINGAPORE/Dubai: China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co ( Published 22 Jul, 2019 01:10pm
Energy Zimbabwe increases fuel prices again, but pumps remain dry HARARE: Zimbabwe hiked fuel prices on Monday for the second time in a week but most pumps remained dry, with no end in s Published 22 Jul, 2019 11:25am
Energy Saudi Arabia's May crude exports hit lowest in over 1-1/2 years Saudi Arabia's crude oil exports fell to their lowest since October 2017 in May at 6.94 million barrels per day (bpd), d Published 19 Jul, 2019 07:50pm
Energy Saudi Arabia's May crude exports hit lowest in over 1-1/2 years Saudi Arabia's crude oil exports fell to their lowest since October 2017 in May at 6.94 million barrels per day (bpd Published 19 Jul, 2019 03:43pm
Energy Libya's H1 oil revenue dips to $10.2bn TRIPOLI: Libya's oil revenue dropped 11.2% to 14.3 billion dinars ($10,2 billion) in the first six months of 2019, c Published 15 Jul, 2019 03:05pm
Middle East Africa Energy West Africa Crude-Total awarded IOC tender with Suezmax LONDON: Vitol and Total won a tender from India's IOC which closed on Thursday, with the latter due to send a Suezmax fo Published 12 Jul, 2019 08:21pm
Energy Kuwait Petroleum hires NBK Capital to advise on $2bn financing KUWAIT: Kuwait Petroleum Corp has hired NBK Capital to advise it on a financing of around $2 billion that is likely to c Published 09 Jul, 2019 09:17pm
Energy Aramco awards $18bn in contracts to boost capacity at Marjan, Berri oilfields DUBAI: Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construc Published 09 Jul, 2019 09:00pm
Energy Saudi Arabia keeps its oil output steady in June DUBAI: Saudi Arabia has pumped 9.782 million barrels of oil per day (bpd) in June, an OPEC source said on Friday, up Published 05 Jul, 2019 01:31pm
Energy Nigeria's state oil firm to change payment structure for joint ventures LAGOS: Nigeria's NNPC said on Thursday it was planning to change the way energy joint ventures paid operating costs to h Published 04 Jul, 2019 09:05pm
Energy Nigeria's NNPC says it paid debts owed to Mobil Producing Nigeria LAGOS: Nigerian state oil company NNPC on Wednesday said it had fully settled its debts to ExxonMobil's local subsidiary Published 03 Jul, 2019 09:17pm
Energy Shell, Nigerian communities agree to reopen oil flow station, says official ABUJA: International oil major Shell and Nigerian stakeholder communities agreed to reopen the flow station for the Oil Published 02 Jul, 2019 08:24pm
Energy Saudi Arabia's Falih says Aramco IPO to happen in 2020-21 VIENNA: Saudi Arabia is working towards listing Saudi Aramco in 2020-21 as the state oil giant moves towards completing Published 02 Jul, 2019 08:22pm
Middle East Africa Energy Iraq oil minister says OPEC members seek inventories control, market balance DUBAI: Iraq's oil minister said on Monday that his government and the rest of OPEC seek to control global oil invent Published 01 Jul, 2019 02:18pm
Energy Saudi Falih says OPEC consensus is for rollover of oil cut VIENNA: OPEC members agree on the need to extend oil production cuts but are undecided whether it needs to be for six or Published 30 Jun, 2019 08:05pm
Energy Saudi Aramco sets July propane price at $375 a tonne, butane at $355 a tonne DUBAI: Saudi Arabia's state oil giant Aramco has set its July propane price at $375 a tonne, down from $430 in June, the Published 30 Jun, 2019 07:54am
Energy Iraq's southern oil exports average 3.44mn bpd so far in June BASRA: Iraq's oil exports from its southern ports have reached 3.44 million barrels per day (bpd) so far in June, tw Published 28 Jun, 2019 03:55pm
Energy Saudi Aramco concerned over Gulf attacks, has capacity to meet demand: CEO SEOUL: Saudi Aramco is concerned at recent actions in the Gulf but can meet its customers' needs thanks to its experienc Published 25 Jun, 2019 08:56am
Energy Qatar Petroleum agrees deal with Chevron for new petchem complex DOHA: Qatar Petroleum signed an agreement on Monday with U.S. oil major Chevron for the development of a new petrochemic Published 24 Jun, 2019 11:30am
Energy US ‘very pleased’ that Saudi Arabia ensuring well-supplied oil market RIYADH: The United States is "very pleased" that Saudi Arabia is making sure that the global oil market is well supp Published 21 Jun, 2019 01:18pm
Middle East Africa Energy Gulf oil producers to maintain output within OPEC target in July DUBAI: Gulf OPEC producers will keep their July oil production within their OPEC target despite the current global s Published 20 Jun, 2019 04:50pm