Energy Southern Iraq oil exports 2.48mn bpd in March, new field to open BASRA: Oil exports from southern Iraq have averaged 2.48 million barrels per day (bpd) so far in March, a senior officia Published 29 Mar, 2014 09:42am
Energy Total seals deal for smaller stake in Papua New Guinea bloc MELBOURNE: Total has agreed to buy a 40 percent stake in Papua New Guinea's largest undeveloped gas field from Inter Published 26 Mar, 2014 07:31am
Energy Tanzania raises petrol, cuts diesel, kerosene prices DAR ES SALAAM: Tanzania's energy regulator raised the price of petrol in east Africa's second-biggest economy on Published 05 Mar, 2014 09:17am
Energy Iraq oil exports hit record 2.8mn bpd in February BASRA: Oil exports from Iraq rose to a record 2.8 million barrels per day (bpd) on average in February, Deputy Prime Min Published 01 Mar, 2014 10:24am
Energy Libya's oil production falls to 230,000 bpd after oilfield closure TRIPOLI: Libya's oil production has fallen to 230,000 barrels a day due to the closure of the El Sharara field follo Published 23 Feb, 2014 01:37pm
Energy Yemen gas price pressure mounts on France's Total DUBAI: Pressure on French energy giant Total to pay more for liquefied natural gas that it ships from Yemen has intensif Published 16 Feb, 2014 08:00am
Energy Kenya raises price caps for diesel, petrol; lowers kerosene NAIROBI: Kenya's energy regulator said on Friday that it was raising the maximum retail fuel prices for petrol and d Published 14 Feb, 2014 02:19pm
Middle East Africa Energy Iraq cuts March crude prices to Asia; ups US and Europe BAGHDAD: Iraq raised the price of Basra light crude to US buyers for March by 20 cents to 50 cents per barrel below the Published 09 Feb, 2014 07:57pm
Energy Nigeria faces questions over 'missing' oil money LAGOS: Africa's biggest oil producer Nigeria is facing questions about where billions of dollars in oil money is goi Published 09 Feb, 2014 07:11am
Energy UAE's Dana Gas says Q4 profit rises 12pc DUBAI: Dana Gas made a net profit of 128 million dirhams ($34.9 million) in the fourth quarter of 2013, up 12 percent fr Published 02 Feb, 2014 07:42am
Energy Middle East Crude: Weakens; ESPO premiums slump SINGAPORE: The Middle East crude market softened on Tuesday, following a slump in Russian ESPO premiums on weak demand. Published 28 Jan, 2014 09:47am
Energy Angola's onshore oil potential over 7 billion barrels: firm LUANDA: Angola has over seven billion barrels of oil potential in onshore blocks and production rights will soon go on s Published 27 Jan, 2014 09:40pm
Energy Iraq oil exports dip in 2013: official data BAGHDAD: Iraq's oil exports in 2013 declined compared with the previous year, new figures showed on Wednesday, despi Published 22 Jan, 2014 12:33pm
Energy Algeria sets new oil bids for August, winning contracts in Sept ALGIERS: Algeria will open bidding from foreign energy firms interested in its new oil and gas round on August 6, and wi Published 22 Jan, 2014 11:00am
Middle East Africa Energy Some grades supported by Angolan Plutonio outage LONDON: Some grades of Angolan crude oil for March export were supported on Friday, with a key grade out for the month, Published 17 Jan, 2014 05:40pm
Energy Tullow says finds more oil in Kenya NAIROBI: Fresh oil finds were announced Wednesday in Kenya's arid and under-developed north, further raising the pro Published 15 Jan, 2014 12:36pm
Energy Kuwait says oil market balance takes precedence over price issue KUWAIT: Balance in global oil markets takes precedence over the crude price, Kuwait's new oil minister said on Sunda Published 12 Jan, 2014 08:54am
Energy West Africa Crude-Differentials pressured LONDON: West African crude oil differentials stayed under pressure on Monday, with sales slow as buyers awaited lower of Published 06 Jan, 2014 06:05pm
Energy UAE's ADNOC sets Dec Murban crude price at $113.85/bbl DUBAI: Abu Dhabi National Oil Company (ADNOC) set the December retroactive selling price for its benchmark Murban crude Published 05 Jan, 2014 08:01am
Energy Libya warns against buying crude from seized oil ports in east TRIPOLI: Libya warned customers against buying any crude offered by a pro-autonomy group which seized three oil ports in Published 04 Jan, 2014 09:08pm
Energy Libya Hariga port stays shut as oil deadlock drags on TRIPOLI: An eastern oil port, which officials had said was to open soon, remained shut on Monday, as the paralysis of Li Published 30 Dec, 2013 06:14pm
Energy Libya's Hariga port to resume exports within days BENGHAZI: Libya's eastern Hariga port will resume oil exports within days after authorities reached an agreement wit Published 28 Dec, 2013 07:31am
Middle East Africa Energy South Africa's petrol price to increase 3pc on Jan. 1 JOHANNESBURG: The retail price of petrol in South Africa will increase by up to 39 cents or nearly 3 percent a litre fro Published 27 Dec, 2013 01:04pm
Energy Kenya seeks over 470,000 tonnes oil products for Jan-Feb SINGAPORE: Kenya's oil importers are seeking over 470,000 tonnes of oil products for delivery over January to Februa Published 16 Dec, 2013 07:58am
Energy Kenya's energy regulator raises retail fuel prices NAIROBI: Kenya's energy regulator said on Saturday it was increasing maximum retail fuel prices for petrol, diesel a Published 14 Dec, 2013 12:12pm
Energy Libya PM hopes oil ports will reopen on Sunday TRIPOLI: Prime Minister Ali Zeidan expects Libyan oil ports seized by a group demanding autonomy for the country's e Published 14 Dec, 2013 12:12pm
Energy Exxon sells Iraq oil stake to PetroChina: ministry BAGHDAD: American energy giant Exxon Mobil on Thursday sold part of its controversial stake in a massive Iraqi oilfield Published 28 Nov, 2013 11:54am
Energy Iran nuclear deal shipping insurance element may help oil sales DUBAI: Iran's nuclear deal with the West is not intended to let more of its oil into the market, the White House sai Published 24 Nov, 2013 10:30pm
Energy Iraq oil sales recover from lows, but still below peak BAGHDAD: Iraq's oil exports in October recovered from a 19-month low, but remained far below their peak due to ongoi Published 23 Nov, 2013 09:34am
Middle East Africa Energy Angolan oil exports for Jan at lowest since June 2011 DAKAR: Angola's oil exports are expected to fall to their lowest in two and half years, loading programmes showed on Published 20 Nov, 2013 06:51pm