Oil majors reap bumper profits Published 30 Oct, 2026 06:58am LONDON: Oil and gas giants Shell and TotalEnergies on Thursday reported soaring quarterly net profits as the Middle...
US natural gas prices fall on mild weather, lower demand view Published 18 Oct, 2026 04:53am NEW YORK: US natural gas futures fell about 4 percent to a one-week low on Friday on continued mild weather,...
Azerbaijan signs investment agreements worth more than USD10bn Published 27 Sep, 2026 02:24am BAKU: Azerbaijan signed agreements representing more than $10 billion in potential investment at an international...
Non-tariff trade commitments: US raises pressure on EU to ‘deliver’ Published 15 Aug, 2026 05:03am BRUSSELS: The United States urged the European Union on Friday to ease its laws putting responsibility on large...
Trump blasts Exxon, Chevron for making 'too much money' Published 04 Aug, 2026 03:37am WASHINGTON: US President Donald Trump accused ExxonMobil and Chevron on Monday of making “too much money” off higher...
Iraq, US sign 48 agreements during PM’s visit Published 19 Jul, 2026 02:23am BAGHDAD: Iraq signed 48 agreements and partnerships with American companies, many in the oil sector, during a visit...
Qatar gas plant blast kills 13, including Pakistani nationals, injures dozens: energy minister Updated 23 Jun, 2026 01:47am DOHA: A huge blast at a Qatar gas hub killed 13 people and injured 66 others, the Gulf state’s energy minister said...
US natgas prices slip as output grows, storage remains high Published 12 Jun, 2026 06:08am NEW YORK: US natural gas futures slid about 2percent to a two-week low on Thursday on a slight increase in daily...
US natgas prices lower amid rising production Published 09 Jun, 2026 04:58am NEW YORK: US natural gas futures slid about 3percent to a one-week low on Monday due to a small increase in output...
US natural gas futures hold near one-week low on lower demand forecasts Published 04 Jun, 2026 05:22am NEW YORK: US natural gas futures held at a one-week low on Wednesday as a bullish decline in output in recent weeks...
US natural gas futures fall on lower demand forecast Published 02 Jun, 2026 04:58am NEW YORK: US natural gas futures slid about 3percent on Monday on forecasts for less demand this week than...
Arrival of second Qatari LNG tanker a major diplomatic achievement Updated 13 May, 2026 07:54am EDITORIAL: The second Qatari Liquefied Natural Gas (LNG) tanker docked at Port Qasim, Karachi, yesterday, a major...
ME conflict caused supply shock, and IMF policy-II Published 24 Apr, 2026 06:45am It needs to be pointed out that IMF has given no indication for provision of enhanced special drawing rights (SDRs)...
Drones hit three tankers in Black Sea as Kazakh oil production plummets Published 14 Jan, 2026 05:56am MOSCOW/ATHENS/LONDON: Three Greek-managed oil tankers were hit by unidentified drones in the Black Sea on Tuesday as...
EU plans changes to sustainability law as US, Qatar increase pressure Published 23 Oct, 2025 12:31am The European Parliament agreed on Wednesday to consider further changes to the EU’s corporate sustainability rules,...
Qatar, in the firing line again, tries to balance diplomatic and business ambitions Published 11 Sep, 2025 01:01pm DOHA: Israel’s strikes targeting Hamas in Doha, hot on the heels of an Iranian hit on a U.S. base in the Gulf nation...
Qatar eyes more long-term gas supply deals this year Published 15 May, 2024 05:07pm DOHA: Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand,...
QatarEnergy acquires stake in two Egypt offshore blocks Published 13 May, 2024 06:08am DOHA: QatarEnergy said Sunday it had acquired two offshore gas exploration blocks from Egypt with a 40-percent...
Chevron’s $53bn Hess buyout threatened by rival oil giants Published 27 Feb, 2024 11:25am NEW YORK: Chevron disclosed Monday that its proposed $53 billion acquisition of fellow American firm Hess could be...
Record more than 2,000 fossil fuel lobbyists at COP28 talks: NGOs Published 05 Dec, 2023 10:26am PARIS: A record almost 2,500 fossil fuel lobbyists have been accredited for UN climate talks in Dubai, as...
ExxonMobil profits fall on lower crude prices, touts fossil fuel deal Published 27 Oct, 2023 05:29pm NEW YORK: ExxonMobil reported lower profits Friday compared with the year-ago blowout quarter as the oil giant...
Oil majors still profitable even if super-profits gone Published 07 Aug, 2023 06:34am PARIS: From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits...
ExxonMobil, Chevron report higher profits despite oil price dip Published 02 May, 2023 05:59am NEW YORK: US oil giants ExxonMobil and Chevron reported another quarter of heady profits Friday as both companies...
With profit of $56bn Exxon smashes all industry records Published 06 Feb, 2023 07:28am HOUSTON: Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about...
Politics, cash, fame: what motivates climate change deniers Published 01 Feb, 2023 05:58am Right-wing ideologues funded by fossil fuels, fame-seeking narcissists and doubt mongers monetising their content ...
ExxonMobil reports record profits of $55.7bn in 2022 Published 31 Jan, 2023 06:20pm NEW YORK: ExxonMobil reported record annual profits of $55.7 billion in 2022 on Tuesday, reflecting higher commodity...
West African crude Published 27 Jan, 2023 06:15am LONDON: Offers for some varieties of West African crude climbed on Thursday on relatively high refining margins in...
UN chief slams oil firms for ‘big lie’ on global warming Published 19 Jan, 2023 05:58am DAVOS: UN Secretary-General Antonio Guterres skewered oil firms on Wednesday for having “peddled the big lie”...
Asia’s re-grade hits three-week high on sell-off Published 13 Jan, 2023 06:05am SINGAPORE: Asia’s re-grade, also known as the discount between jet fuel and 10 ppm sulphur gasoil, widened to a...
Wall Street surges to sharply higher close ahead of Fed week Published 31 Oct, 2022 05:55am NEW YORK: A robust, broad-based rally sent Wall Street to a sharply higher close on Friday as encouraging economic...