Energy UAE's ADNOC signs new long-term agreement for base oil sales into China DUBAI: Abu Dhabi National Oil Company (ADNOC) concluded a significant long-term sales agreement with the Xiamen Sinolook Published 02 Apr, 2019 02:11pm
Energy Iraq's oil exports decline in March amid bad weather, OPEC cuts BAGHDAD: Iraq's oil exports fell month-on-month to an average of 3.377 million barrels per day (bpd) in March, the O Published 01 Apr, 2019 09:57pm
Energy South Sudan targets steep oil output boost by June JUBA: South Sudan hopes boost crude production by close to 50 percent by June, its oil minister said on Monday, targ Published 01 Apr, 2019 07:43pm
Energy South Sudan targets 70,000 bpd oil production boost by June South Sudan is hoping to boost oil production by 70,000 barrels per day (bpd) by June, the minister for petroleum said o Published 01 Apr, 2019 02:31pm
Energy Saudi Aramco hires banks ahead of debut multi-tranche dollar bond - document DUBAI: Saudi Aramco, the world's top oil producer, has hired banks ahead of a planned multi-tranche debut dollar bond is Published 01 Apr, 2019 01:06pm
Energy Saudi Aramco gets first credit ratings ahead of bond debut DUBAI: Saudi Aramco, the world's top oil producer, has been rated A+ by Fitch and A1 by Moody's in its first-ever credit Published 01 Apr, 2019 06:51am
Energy Brazil state-run oil firm Petrobras puts LPG distribution unit on the block RIO DE JANEIRO: Brazilian state-run oil firm Petroleo Brasileiro SA has begun the teaser phase for the sale of its lique Published 29 Mar, 2019 12:54pm
Middle East Africa Energy Iraq's southern oil exports 3.45mn bpd so far in March: officials BASRA: Crude oil exports from Iraq's southern ports on the Gulf stand at around 3.45 million barrels per day (bpd) s Published 28 Mar, 2019 07:37pm
Energy OPEC struggles to keep Russia on board with oil cut, may offer shorter extension DUBAI/LONDON/MOSCOW: Saudi Arabia is having a hard time convincing Russia to stay much longer in an OPEC-led pact cuttin Published 28 Mar, 2019 02:27pm
Energy Saudi Aramco buying $69 bn stake in chemicals giant SABIC RIYADH: Saudi state oil giant Aramco said Wednesday it is buying a majority stake in petrochemicals behemoth SABIC for $ Published 28 Mar, 2019 06:22am
Energy Saudi Aramco building global gas business to cut carbon footprint DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more cr Published 26 Mar, 2019 06:28am
Energy Oman to adopt energy reduction program in govt buildings MUSCAT: The Oman Authority for Electricity Regulation appointed on Monday two companies to help audit and improve th Published 25 Mar, 2019 08:22pm
Energy UAE's ADNOC awards onshore exploration block to Indian consortium Abu Dhabi National Oil Company (ADNOC) said on Monday it had signed an agreement with an Indian consortium awarding the Published 25 Mar, 2019 09:15am
Energy Oman oil minister excited to be part of Sri Lanka oil refinery project HAMBANTOTA: Oman's oil minister said on Sunday he was excited to be part of a Sri Lanka oil refinery project in a sign t Published 24 Mar, 2019 12:16pm
Middle East Africa Energy Iran's oil exports fall in March even before further US clampdown: sources LONDON: Iran's oil exports have dropped in March to their lowest daily level this year, according to tanker data and Published 21 Mar, 2019 06:00pm
Energy Saudi Arabia crude exports fall to 7.254mn bpd in January Saudi Arabia's crude oil exports in January fell to 7.254 million barrels per day from 7.687 million bpd in December Published 18 Mar, 2019 02:52pm
Energy Iraq cuts oil exports to 3.5mn bpd in line with OPEC deal: minister BAGHDAD: Iraq has cut its oil exports average to 3.5 million barrels per day (bpd) in compliance with an ongoing pro Published 14 Mar, 2019 12:37pm
Energy Saudi Arabia to cut oil exports in April: Saudi official DUBAI: Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keep Published 11 Mar, 2019 01:14pm
Energy Saudi Arabia to cut crude oil exports in April - Saudi official DUBAI: Saudi Arabia plans to cut its crude oil exports in April to below 7 million barrels per day (bpd), while keeping Published 11 Mar, 2019 08:35am
Energy Saudi Aramco's board to meet to approve SABIC bond plan- sources DUBAI: Saudi Aramco's board is set to meet this week in Saudi Arabia where it will approve a bond issuance plan that wil Published 11 Mar, 2019 06:29am
Energy Saudi Aramco seeks to overhaul engines, fuel amid EV hype GENEVA: More efficient fuels and more sophisticated combustion engines are needed to bring down carbon dioxide pollution Published 06 Mar, 2019 10:52pm
Energy Africa Crude-Traders await tender result, spot demand slows LONDON: Demand for spot cargoes was slow on Wednesday with majors offering plenty of Angolan while the results of two te Published 06 Mar, 2019 10:50pm
Middle East Africa Energy Syria allows factories to import fuel for three months DAMASCUS: Syria on Monday allowed factory owners to import fuel for three months, state media said, in a bid to lessen a Published 04 Mar, 2019 09:06pm
Energy Exports of Nigeria's four main crude oil grades to rise in April LONDON: Exports of Nigeria's four major crude oil grades will rise to 853,000 barrels per day in April from 708,000 Published 27 Feb, 2019 03:42pm
Energy Saudi defiant on oil cuts after Trump tells OPEC to 'relax' RIYADH: The Saudi energy minister said Wednesday he is leaning towards extending oil production cuts in the second h Published 27 Feb, 2019 02:44pm
Energy Iraq's southern oil exports 3.565mn bpd so far in February BASRA: Crude oil exports from Iraq's southern ports on the Gulf stand at around 3.565 million barrels per day (bpd) Published 25 Feb, 2019 11:12am
Energy Saudi Aramco agrees tie-up for $10 bln project in China DUBAI: State-owned Saudi Aramco has signed an agreement to form a joint venture with Chinese conglomerate Norinco to dev Published 22 Feb, 2019 09:53am
Energy Saudi Aramco to sign China refinery deals during crown prince visit SINGAPORE/DUBAI: Saudi Aramco plans to sign preliminary deals to invest in two oil refining and petrochemical complexes Published 21 Feb, 2019 08:43am
Energy Fitch rates ADNOC AA, in line with Abu Dhabi's sovereign rating DUBAI: Abu Dhabi National Oil Company (ADNOC) has been given an AA credit rating by Fitch, the highest in the Gulf regio Published 19 Feb, 2019 01:41pm
Middle East Africa Energy Kenya says crude oil capacity insufficient for refinery NAIROBI: Crude oil deposits discovered in Kenya are insufficient to justify construction of a refinery, a senior petrole Published 19 Feb, 2019 08:18am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?