Energy Eni says oil spilling in Nigeria due to sabotage MILAN/YENAGOA: Italian oil major Eni said on Sunday there has been an oil spill on its Nembe-Obama pipeline in Nigeria's Published 08 Jul, 2012 10:50am
Energy Iraq Basra oil exports drop to 864,000 bpd BAGHDAD: Bad weather further disrupted crude exports from Iraq's southern Basra terminals on Saturday, with shipments dr Published 07 Jul, 2012 11:38am
Energy Iraq Basra oil exports drop to 864,000 bpd BAGHDAD: Bad weather further disrupted crude exports from Iraq's southern Basra terminals on Saturday, with shipments dr Published 07 Jul, 2012 09:48am
Energy Iraq Basra oil exports cut due to weather BAGHDAD: Bad weather disrupted oil shipments from Iraq's southern Basra terminals on Friday, with only 1.512 million bar Published 06 Jul, 2012 01:53pm
Energy Africa Oil says finds additional oil in Kenya well NAIROBI: Canada's Africa Oil said on Wednesday its estimate of the amount of potential oil in its Kenyan well has increa Published 04 Jul, 2012 11:34am
Energy Nigeria signs $4.5 billion refinery deal with US energy firm ABUJA: Nigeria on Monday signed a Memorandum of Understanding with an American energy firm to build six oil refineries, Published 02 Jul, 2012 10:51pm
Energy Nigeria favours local firms in $60bn oil deals GENEVA/ABUJA: Africa's top oil producer Nigeria will award nearly half of its $60 billion annual supply contracts to loc Published 02 Jul, 2012 12:14am
Middle East Africa Energy Iraq approves $843mn oil deal with Weatherford BAGHDAD: Iraq's cabinet approved an $843 million service contract on Tuesday with US oilfield services company Weatherfo Published 19 Jun, 2012 06:33pm
Energy Iran oil hub imposes blackout on tanker loadings DUBAI: Iran has blocked off information on its oil loadings that show how it is coping with the effects of sanctions ham Published 18 Jun, 2012 01:58pm
Energy BP resumes oil flows via Baku-Supsa pipeline BAKU: BP said on Saturday it has resumed oil supplies via the Baku-Supsa pipeline, halted on May 15 due to maintenance. Published 16 Jun, 2012 03:44pm
Energy OPEC will 'most likely' maintain output: Kuwait KUWAIT CITY: Kuwait's Oil Minister Hani Hussein said on Wednesday that OPEC will "most likely" maintain its production a Published 13 Jun, 2012 08:01am
Energy Jordan raises petrol price by 13 percent to cut deficit AMMAN: Jordan has raised the price of lower grade gasoline, used by the poor, by 12.9 percent two weeks after a substant Published 13 Jun, 2012 06:55am
Energy Jordan raises petrol price by 13pc to cut deficit AMMAN: Jordan has raised the price of lower grade gasoline, used by the poor, by 12.9 percent two weeks after a substant Published 13 Jun, 2012 06:52am
Energy Bad weather still slowing Iraq Basra oil exports BAGHDAD: Oil exports from Iraq's southern Basra terminals were still disrupted by a dust storm on Monday, with shipments Published 04 Jun, 2012 12:22pm
Middle East Africa Energy Iraq oil exports 2.452mn bpd in May BAGHDAD: Iraq's oil exports were 2.452 million barrels per day on average in May compared with 2.508 million bpd in Apri Published 02 Jun, 2012 01:40pm
Energy South Africa petrol price to fall 4.5pc next week JOHANNESBURG: South Africa's petrol price pump in the main inland commercial region of Gauteng will decrease by 55 cents Published 01 Jun, 2012 12:27pm
Energy Kuwait 'comfortable' with oil at $100 a barrel KUWAIT CITY: Kuwait Petroleum Corp chief executive officer, Faruq al-Zanki, said Thursday that the OPEC member is "comfo Published 31 May, 2012 02:06pm
Energy Saudi says $100 per barrel great price for oil ADELAIDE: Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global invent Published 13 May, 2012 05:18am
Energy South Africa Engen partially shuts Durban refinery: spokeswoman SINGAPORE: Engen Petroleum has partially shut its 125,000 barrels-per-day (bpd) refinery in South Africa as maintenance Published 09 May, 2012 09:06am
Energy Shell says finds two oil leaks in Nigeria's Delta ABUJA: Royal Dutch Shell said it found two fresh onshore oil pipeline leaks in Nigeria's Delta region on Monday, three d Published 08 May, 2012 07:18pm
Energy OPEC output target rise not yet on agenda ALGIERS: Raising the output target set by the Organization of the Petroleum Exporting Countries is not on OPEC's agenda Published 06 May, 2012 12:54pm
Energy Libya's Agoco cuts oil output further due to protests TRIPOLI: Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10,000 barrels per day (bpd) due to Published 05 May, 2012 12:43pm
Middle East Africa Energy Protesters try to shut Libya top oil firm Agoco BENGHAZI: Protesters gathered outside Libya's largest oil company for a second day on Tuesday demanding more transparenc Published 24 Apr, 2012 08:56am
Energy West Africa Crude-Nigerian grades fall to 9-month low GENEVA: Nigerian light, sweet grades fell to a nine-month low on Tuesday as traders struggled to sell remaining cargoes Published 17 Apr, 2012 07:39pm
Energy Nigeria can offer little help in refill world oil supply LAGOS: As the United States seeks to pressure Iran over its nuclear programme by cutting off the Islamic Republic's oil Published 08 Apr, 2012 08:05am
Energy Iraq oil exports rise to 2.317 million bpd in March BAGHDAD: Iraq's crude oil exports rose to 2.317 million barrels per day (bpd) in March from 2.014 million bpd in Februar Published 01 Apr, 2012 09:22am
Energy Nigeria loses $5 billion annually to oil thieves: Shell LAGOS: Nigeria loses $5 billion annually to oil theft, the head of Shell's Nigerian branch has said, the latest sign of Published 29 Mar, 2012 03:33pm
Energy Cameroon crude output on track for 100,000 bpd in 2012 YAOUNDE: Cameroon is on target to double crude production to 100,000 barrels per day in 2012 after independent oil produ Published 18 Mar, 2012 12:41pm
Energy Saudi oil exports rose 143,000 bpd in Jan DUBAI: Saudi Arabian oil exports rose 143,000 barrels per day (bpd) in January month-on-month, according to government d Published 18 Mar, 2012 12:31pm
Middle East Africa Energy South Africa's petrol price to rise by 2.6pc next week JOHANNESBURG: South Africa's petrol pump prices in the main inland commercial region of Gauteng will increase by 28 ce Published 02 Mar, 2012 01:06pm