Energy Nigeria oil minister expects green light for Bonga oilfield by February VIENNA; Nigeria's oil minister expects a final investment decision (FID) on its Bonga Southwest offshore oilfield by Published 07 Dec, 2018 07:06pm
Energy Iran agrees to OPEC oil cut, focus shifts back to Russia VIENNA: Iran gave OPEC the green light on Friday to reduce oil output by around 0.8 million barrels per day from 2019 af Published 07 Dec, 2018 02:28pm
Energy Egypt's GASC fails to issue letters of credit for 16 wheat cargoes CAIRO/DUBAI: Egypt, the world's largest wheat buyer, has not issued letters of credit covering 16 recently purchased car Published 05 Dec, 2018 03:35pm
Energy All Libyan oil export terminals closed due to bad weather: NOC TUNIS: Libyan state oil company NOC said on Wednesday all the country's oil export terminals were closed due to bad weat Published 05 Dec, 2018 02:09pm
Energy Qatar to quit Saudi-dominated OPEC in 2019 Doha: Qatar will leave OPEC next month in order to focus on gas production, the Gulf state's new Energy Minister Saad al Published 04 Dec, 2018 06:46am
Energy Qatar to quit OPEC in 2019: energy minister DOHA: Qatar is to leave OPEC next month in order for the Gulf state to focus on gas production, Energy Minister Saad al- Published 03 Dec, 2018 07:25am
Energy Four Libyan oil export ports reopen after closures for bad weather BENGHAZI: Four Libyan oil export ports that were closed last week because of bad weather have reopened, a Libyan shippin Published 02 Dec, 2018 01:27pm
Middle East Africa Energy Iraq's Basra Gas Co output to reach 1,050 mcf/d by end-2018 - ministry BAGHDAD: Output from Iraq's Basra Gas Company (BGC) is expected to reach 1,050 million standard cubic feet per day (mcf/ Published 29 Nov, 2018 07:49am
Energy Iraq allocates 2019 oil sales BAGHDAD: Iraq has allocated its oil sales for 2019, with 67 percent of exports going to Asian markets, 20 percent to the Published 27 Nov, 2018 11:03am
Energy Saudi Aramco plans gas investments of $150 bln over next decade - CEO DUBAI: Saudi Aramco said on Tuesday its gas programme would attract $150 billion worth of investments over the next deca Published 27 Nov, 2018 08:34am
Energy Saudi Arabia oil pumping at record high as Trump raises pressure DHAHRAN: Saudi Arabia raised oil production to an all-time high in November, an industry source said on Monday, as US Pr Published 26 Nov, 2018 10:38am
Energy UAE's ADNOC launches new Taweelah gas plant DUBAI: Abu Dhabi National Oil Company (ADNOC) launched its new Taweelah gas compression plant on Sunday, according to a Published 25 Nov, 2018 12:14pm
Energy Kuwait Oil Tanker Co orders three LPG tankers from Hyundai DUBAI: Kuwait Oil Tanker Co. (KOTC) has ordered three giant liquefied petroleum gas tankers (LPG) from Hyundai Heavy Ind Published 25 Nov, 2018 12:09pm
Energy Iran says China's CNPC replacing France's Total in gas project DUBAI: China's state-owned CNPC has replaced France's Total in Iran's multibillion-dollar South Pars gas project, Irania Published 25 Nov, 2018 12:08pm
Middle East Africa Energy Iraq oil ministry confirms resumption of Kirkuk oil exports BAGHDAD: Iraq has resumed exporting oil from the northern Kirkuk oilfields on Friday, the spokesman for the oil mini Published 16 Nov, 2018 11:24am
Energy OPEC, partners discuss oil supply cut of up to 1.4 million bpd DUBAI/LONDON: OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day Published 14 Nov, 2018 01:29pm
Energy Kuwait oil company suspends work on Wednesday after floods CAIRO: Kuwait Petroleum Corporation (KPC) has suspended work at all of its companies on Wednesday due to the extreme wea Published 13 Nov, 2018 09:53pm
Energy No consensus yet among oil producers to cut output: Saudi ABU DHABI: Saudi Arabia said oil-producing countries have not yet reached an agreement on cutting output, as major p Published 11 Nov, 2018 03:19pm
Energy Saudi Aramco CEO says relationship with Russia to reach new heights DUBAI: Oil producer Saudi Aramco's Chief Executive Officer Amin Nasser said on Friday that the company's relationship wi Published 09 Nov, 2018 10:29am
Energy Iran oil exports to plummet in Nov, but rebound on way as buyers use waivers SINGAPORE: Iran's oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would re-imp Published 06 Nov, 2018 11:44am
Energy Oil sanctions already costing Iran billions since May, US official says DUBAI: Sanctions have already cost Iran billions of dollars in oil revenue since May when US President Donald Trump pull Published 05 Nov, 2018 05:47pm
Energy UNSC discusses Libya's illegal crude oil export NEW YORK: The United Nations Security Council on Monday held a session to extend the mandate of the panel of experts Published 05 Nov, 2018 11:23am
Middle East Africa Energy Saudi Arabia to cut prices for December light crude oil grades SINGAPORE: Top oil exporter Saudi Arabia is expected to cut prices for light crude grades it sells to Asia in Decemb Published 01 Nov, 2018 11:22am
Energy Iraq oil minister says crude price ‘fair’, aims to hike output capacity BAGHDAD: Iraq's new oil minister Thamer Ghadhban said on Wednesday the current price of crude was "fair" and that th Published 31 Oct, 2018 03:04pm
Energy Norway approves Chrysaor's North Sea oil stake OSLO: Norway has approved British oil firm Chrysaor's purchase of a 15 percent stake in the North Sea Grevling oil disco Published 29 Oct, 2018 08:49pm
Energy Saudi Arabia reassures on oil supply, says will meet demand RIYADH: Saudi Arabia said on Tuesday it would continue to meet customer demand for crude despite looming U.S. sancti Published 23 Oct, 2018 11:14am
Energy Libya's NOC says production has increased at Abu Attifel oil field DUBAI: Libya's National Oil Corporation has increased output at the Abu Attifel field, a company statement said on Monda Published 22 Oct, 2018 08:34pm
Energy Oman oil output rises to 990,200 bpd in September -oil ministry DUBAI: Oman's oil and condensates output increased to 990,200 barrels per day (bpd) in September, the oil ministry wrote Published 21 Oct, 2018 09:59pm
Energy Saudi Aramco says Yanbu oil terminal boosts export capacity DUBAI: State oil giant Saudi Aramco said on Wednesday that the Yanbu South Terminal has added 3 million barrels per day Published 17 Oct, 2018 01:13pm
Middle East Africa Energy Kuwait sets Oct-Nov prices for new super light crude DUBAI/SINGAPORE: Kuwait Petroleum Corp set the price for Kuwait Super Light Crude (KSLC) at $2.30 a barrel above Oman-Du Published 17 Oct, 2018 11:19am