Energy Qatar says Iran invited to talks on oil output freeze DOHA: Qatar said on Tuesday that it has invited Iran to join talks among the world's top oil producers next month on Published 22 Mar, 2016 10:49am
Energy Saudi oil exports rise to 7.835mn bpd in January DUBAI: Saudi Arabia's crude oil exports in January rose to their highest level in nine months to 7.835 million barre Published 17 Mar, 2016 01:18pm
Energy Algeria to reduce imports by 15pc as oil price drop bites ALGIERS: Algeria has decided to reduce its imports by 15 percent in 2016 to save foreign currency reserves as the crash Published 16 Mar, 2016 07:55pm
Energy Kuwait's KNPC close to $3bn loan to part-fund major refineries revamp DUBAI: Kuwait National Petroleum Company (KNPC) expects to close the first phase of funding for its multi-billion-dollar Published 15 Mar, 2016 08:24pm
Energy Nigeria's state oil company failed to remit $16.1bn to public purse in 2014 ABUJA: Nigeria's state oil company failed to remit 3.2 trillion naira ($16.1 billion) to the public purse in 2014, t Published 14 Mar, 2016 08:39pm
Energy Iraq halts pumping oil from Kirkuk into Turkey pipeline BAGHDAD: Iraq's state-run North Oil Company stopped feeding a pipeline to Turkey with crude produced at fields it op Published 14 Mar, 2016 09:50am
Energy Kenya says aims for small-scale crude oil production by 2017 NAIROBI: Kenya aims to start small-scale crude oil production from fields in its northwest next year and has commenced w Published 09 Mar, 2016 08:20pm
Middle East Africa Energy Nigerian state oil company workers strike over proposed changes LAGOS: Nigerian oil workers are staging a nationwide strike that has led to a walkout of staff from the state oil compan Published 09 Mar, 2016 02:04pm
Energy Nigeria 'at forefront' of push to freeze oil production levels ABUJA: OPEC member Nigeria is "at the forefront" of the push for a global agreement to freeze the level of oil productio Published 09 Mar, 2016 06:40am
Energy Saudi Aramco to double gas production in 10 years: CEO JUBAIL: Saudi Aramco plans to nearly double its gas production to 23 billion standard cubic feet per day in the next dec Published 08 Mar, 2016 09:06pm
Energy S.Africa to start shale gas exploration JOHANNESBURG: The South African government said Tuesday that exploration for shale gas will begin in the next 12 months, Published 08 Mar, 2016 02:14pm
Energy Oil output freeze already in place: UAE ABU DHABI: Emirati Oil Minister Suhail Mazrouei said Monday that current market prices are forcing most producers to fre Published 07 Mar, 2016 02:51pm
Energy Iraq's southern oil exports slip in February BASRA: Iraq's southern oil exports dropped slightly in February to an average of 3.225 million barrels per day (bpd) Published 01 Mar, 2016 10:09am
Energy Oil's retreat halts Gulf equity rally DUBAI: Most Middle Eastern stock markets fell on Wednesday after oil prices pulled back sharply, interrupting a rally th Published 24 Feb, 2016 03:55pm
Middle East Africa Energy OPEC veteran Attiyah urges output cut, frets about glut DOHA: OPEC and non-OPEC producers should cut production to balance the global oil market before a supply glut becomes un Published 24 Feb, 2016 12:08pm
Energy Nigeria backs efforts to 'stabilise' oil market RIYADH: The Nigerian and Saudi leaders on Tuesday supported efforts to stabilise the oil market but Africa's top pro Published 23 Feb, 2016 07:56pm
Energy Doha oil group to monitor market to June, new measures possible - Venezuela CARACAS: Saudi Arabia, Russia, Qatar and Venezuela will monitor the oil market through to June following this week's Published 19 Feb, 2016 09:48pm
Energy Saudi crude exports fall in Dec to 7.486mn bpd: JODI DUBAI: Saudi Arabia's crude oil exports in December fell by more than 200,000 barrels per day (bpd) from the month b Published 18 Feb, 2016 01:06pm
Energy Iraq oil minister says talks between OPEC and non-OPEC members to continue BAGHDAD: Iraq's oil minister said on Thursday talks would continue between OPEC and non-OPEC members to prop up oil Published 18 Feb, 2016 12:39pm
Energy UAE says oil price will force producers to freeze output DUBAI: Oil prices are not suitable and will force producers to freeze their output, the United Arab Emirates' energy Published 18 Feb, 2016 08:59am
Energy Azeri oil exports down 5pc in January BAKU: Azerbaijan's oil exports fell 5 percent in January to 2.7 million tonnes compared with the same period last ye Published 17 Feb, 2016 12:56pm
Energy Iraq Kurds made $3.94 bn from direct oil sales in 2015 ARBIL: Iraq's autonomous Kurdish region announced on Tuesday that it made over $3.94 billion last year from direct o Published 16 Feb, 2016 08:19pm
Middle East Africa Energy Iraq's oil output hits record 4.775mn bpd in January BAGHDAD: Iraq's oil production hit a record high in January, with crude output from all the country's fields, in Published 16 Feb, 2016 02:53pm
Energy OPEC members increasingly keen to end oil glut -Nigeria oil minister ABUJA: The mood inside the Organization of the Petroleum Exporting Countries (OPEC) is shifting from mistrust to a growi Published 14 Feb, 2016 09:05pm
Energy North Iraq oil exports rise to 601,811 bpd in January BAGHDAD: Oil exports from northern Iraq via pipeline to Turkey rose to an average of 601,811 barrels per day (bpd) in Ja Published 04 Feb, 2016 08:31pm
Energy Gas from Israel's Leviathan could reach markets by late 2019 TEL AVIV: Partners in Israel's Leviathan natural gas field should reach a final investment decision by the end of 20 Published 31 Jan, 2016 11:14am
Energy Kuwait projects record deficit on falling oil income KUWAIT CITY: OPEC member Kuwait projected a record budget deficit for the fiscal year starting April 1 on the sliding pr Published 28 Jan, 2016 09:47am
Energy Saudis battle for oil market supremacy RIYADH: By abandoning the tight rein it held for decades on the oil market, OPEC heavyweight Saudi Arabia launched a bat Published 27 Jan, 2016 01:48pm
Energy Kuwait, Iraq say OPEC will not cut output alone KUWAIT CITY: The Kuwaiti and Iraqi oil ministers said Tuesday that OPEC will not cut production unless producers outside Published 26 Jan, 2016 02:51pm
Middle East Africa Energy Saudi Aramco CEO sees year-end oil price recovery RIYADH: Global crude prices should recover near the end of this year, the president of the world's biggest oil expor Published 26 Jan, 2016 02:49pm
Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces
Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces