Energy UK's BG Group to invest $500mn in Tanzania gas exploration DAR ES SALAAM: British gas and oil firm BG Group plans to step up its presence in gas exploration in east Africa's secon Published 21 Feb, 2012 05:54pm
Energy Iraq begins pumping oil to new Gulf terminal FAW: Iraq began pumping oil on Sunday to the first of five floating terminals in the Gulf in a move that will increase i Published 12 Feb, 2012 11:47am
Energy Oil may hit $160 amid tension KUWAIT CITY: Oil prices could soar to as high as $160 a barrel if tension over an Iranian oil embargo persists or in the Published 06 Feb, 2012 08:33am
Energy Uganda says oil could start flowing in a year CAPE TOWN: Uganda's energy minister said late on Sunday that commercial oil production could begin as early as next year Published 06 Feb, 2012 05:31am
Energy Sudan held Vitol oil tankers may be free in days DUBAI: Two oil tankers carrying South Sudanese crude that were seized by Sudan earlier this month were chartered by glob Published 29 Jan, 2012 10:26am
Energy Kenya buys nearly 400,000 T oil products SINGAPORE: Kenya has bought nearly 400,000 tonnes of oil products for February and March, slightly more than previous vo Published 25 Jan, 2012 06:42am
Energy Kuwait reaches deal with Total for China refinery KUWAIT CITY: Kuwait Petroleum Corp. has reached a deal with France's Total to be a partner in a Kuwait-China refinery jo Published 24 Jan, 2012 06:59am
Middle East Africa Energy Sudan to boost oil output to 180,000 bpd in 2012 KHARTOUM: Sudan plans to increase oil production to 180,000 barrels a day by the end of the year by using more efficient Published 15 Jan, 2012 09:03am
Energy Kenya cuts fuel prices NAIROBI: Kenya energy regulator slashed the prices of petrol, diesel and kerosene on Saturday in east Africa biggest eco Published 14 Jan, 2012 12:48pm
Energy UAE's ADNOC cuts Dec Murban OSP to $111.80/bbl DUBAI: Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had cut the December retroactive selling price of its Published 04 Jan, 2012 09:14am
Energy Oman crude OSP fall to $107.41/bbl for February SINGAPORE: The official selling price (OSP) for Oman crude in February will fall by $1.92 to $107.41 a barrel, Reuters c Published 30 Dec, 2011 10:08am
Energy Kuwait says 3mn bpd December output to continue if demand exists ABU DHABI: Kuwait produced more than 3 million barrels of oil in December and expects that rate to continue if demand ex Published 25 Dec, 2011 10:07am
Energy UAE oil output at 2.6mn bpd in December ABU DHABI : The United Arab Emirates produced about 2.6 million barrels per day of oil in December, the UAE's Energy Published 25 Dec, 2011 08:51am
Energy Kenya buys 138,050T oil products for January SINGAPORE: Kenya has bought 138,050 tonnes of oil products through a spot tender for delivery in January, after already Published 19 Dec, 2011 04:35am
Middle East Africa Energy Gulfsands Syria exploration not hampered by sanctions LONDON: Gulfsands Petroleum said its exploration activities in Syria remained ongoing and would not be restricted by the Published 14 Dec, 2011 07:46am
Energy Iraq oil exports unaffected after bombing BAGHDAD: Iraq's oil exports will not be affected by a bomb attack on a southern crude pipeline network on Tuesday, an oi Published 14 Dec, 2011 06:52am
Energy OPEC unlikely to change output levels: Kuwait KUWAIT CITY: Kuwait's Oil Minister Mohammad al-Baseeri said on Tuesday that OPEC will likely keep its official productio Published 13 Dec, 2011 09:32am
Energy Saudi to supply full January crude to Asia TOKYO: Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil in January to at Published 09 Dec, 2011 05:44am
Energy Qatargas to supply Japan with additional LNG DOHA: Qatargas will supply an additional 200,000 tonnes per annum of additional liquefied natural gas to Japan, the comp Published 07 Dec, 2011 07:50am
Energy Dubai Nov crude average rises to $109/bbl SINGAPORE: Dubai crude oil quoted by price-reporting agency Platts averaged $109 a barrel for November, up $5.05 from Oc Published 02 Dec, 2011 05:04am
Energy Iraq inks $17bn gas joint venture deal BAGHDAD: Iraq finalised a $17-billion joint venture deal with Shell and Mitsubishi to capture and process gas from its s Published 27 Nov, 2011 06:29pm
Energy Iraq raises Dec crude price to Asia as expected TOKYO : Iraq has raised the official selling price of its Basra Light crude for loading in December to customers in A Published 14 Nov, 2011 04:56am
Middle East Africa Energy Orca's unit to double gas output DAR ES SALAAM: Toronto-listed Orca Exploration's Tanzanian unit, PanAfrican Energy, plans to invest $130 million to doub Published 06 Nov, 2011 01:19pm
Energy UAE ADNOC drops Oct Murban OSP to $108.95/bbl SINGAPORE: Abu Dhabi National Oil Company (ADNOC) dropped the October retroactive selling price of its benchmark Murban Published 03 Nov, 2011 07:45am
Energy Qatar keeps Dec Land crude supply steady TOKYO: Qatar, one of OPEC's smallest producers, has notified at least one Asian buyer that it will supply land crude at Published 31 Oct, 2011 05:32am
Energy Libya's oil exports to jump to 350,000 bpd in November TRIPOLI : Libya 's crude oil exports will jump to almost 350,000 barrels per day in November, more than double the volu Published 30 Oct, 2011 04:35pm
Energy South Africa refining capacity to rise by Nov JOHANNESBURG : South Africa 's refineries should again operate at over 95 percent of their total 708,000 barrels-per- Published 30 Oct, 2011 02:13pm
Energy US Apache plans $1.5bn Egypt investments in 2012 CAIRO: American oil and gas company Apache Corp plans to increase investments in its Egypt operations by $1.5 billion st Published 30 Oct, 2011 06:34am
Energy Saudi Electricity to build $1.23bn Shoaiba plant KHOBAR: State-controlled Saudi Electricity said on Saturday it signed a deal to build a new 4.6 billion Saudi-riyal ($1. Published 29 Oct, 2011 02:26pm
Middle East Africa Energy Kuwait pumping 2.9 million barrels per day JORDAN : Kuwaiti oil minister Mohammad al-Busairi said on Sunday his country was producing 2.9 million barrels of oil pe Published 23 Oct, 2011 02:29pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn