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oil
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South Sudan to shut down oil production by end of July
South Sudan plans to sell 6.4 million barrels of oil worth $300 million before ...
Economy -
South Sudan to cut oil output to 100,000 bpd at weekend
South Sudan will cut oil output to100,000 barrels a day over the weekend as it ...
Energy -
South Sudan says cutting oil flows on Sudan’s insistence
South Sudan has reduced its oil output and plans to shut it off completely after ...
Business -
Oil prices edge higher on China, U.S. data
Crude oil futures edged up slightly on Monday in thin trade, reversing earlier ...
Energy -
Kuwait sends $200m worth of oil to Egypt, says newspaper
Kuwait has sent two oil tankers carrying crude and diesel worth $200 million to ...
Economy -
South Korea’s Iran crude imports fall, but more cuts needed
South Korea’s imports of crude from Iran fell 7 percent in June, against the ...
Energy -
Escalating dispute at Gulf Keystone pushes down share price
An escalating dispute between Gulf Keystone and a group of shareholders drove down ...
Energy -
Report: Kuwait delivers free fuel to Egypt
Kuwait has delivered crude oil and diesel worth $200 million to Egypt as part of a ...
Middle East -
GCC non-oil growth to hit 6%, inflation seen at 3% by 2014
The GCC countries’ non-oil economic growth is forecast to reach six percent ...
Economy -
Japan agrees to extend Saudi Aramco crude storage deal, says official
Tokyo has agreed in principle to allow Saudi Aramco to store crude in Japan beyond ...
Energy -
Oil prices hit 14-month high on Egypt fears
Global oil prices surged Tuesday to their highest level since May 2012 as turmoil ...
Energy -
Total and CEO acquitted in Iraq oil-for-food scandal
French oil giant Total was acquitted on Monday of corruption charges related to ...
Economy -
Brent crude oil rises above $108 on Egypt unrest, supply worries
Brent crude futures rose above $108 to the highest in more than three months on ...
Energy -
Iraqi oil flow via Kirkuk-Ceyhan pipeline to resume in 2-3 days
Iraqi crude oil flow through the Kirkuk-Ceyhan pipeline will resume within two to ...
Energy -
Sudan will not shut oil pipeline, says senior official
Sudan will not carry out a threat to shut a pipeline carrying South Sudanese oil ...
Energy -
Oil prices mixed as investors wary of Egypt unrest
Oil prices were mixed in Asian trade Thursday as investors await fresh ...
Energy -
Saudi Arabia explores potential $109bn solar industry
Saudi Arabia started a program to assess its potential for generating renewable ...
Energy -
Oil prices jump amid bloodshed in Egypt
Oil prices rose sharply in Asian trade Wednesday on growing concerns that the ...
Energy -
Iraqi Kurdistan pressures Baghdad with Turkey oil pipeline push
Sparks fly as workmen weld together a pipeline set to carry crude from the ...
Energy -
Iraq’s Maliki discusses oil project with Russian company
Iraqi Prime Minister Nuri al-Maliki held talks in Moscow on Monday with the ...
Energy -
South Sudan ships first oil cargo via North amid talks to defuse row
South Sudan said on Sunday it had shipped its first oil cargo through Sudan to ...
Energy -
Japan to buy 1.9m barrels of Mideast crude for reserves
The state-run Japan Oil, Gas and Metals National Corp (JOGMEC) issued a tender on ...
Energy -
Yemen’s main oil export pipeline blown up Sunday
Tribesmen blew up Yemen’s main oil export pipeline on Sunday and it will ...
Energy -
Dubai’s ENOC ‘investigating’ Sri Lanka diesel cargo quality
Emirates National Oil Company (ENOC) said on Saturday a cargo of its diesel which ...
Energy -
South Sudan’s vice president to visit Khartoum amid oil row
South Sudan’s vice president will visit Sudan on Sunday, both sides said on ...
Energy -
Russia urges gas producer group to stand firm on prices
Russia is hoping to rally a loose grouping of gas producers at a meeting on Monday ...
Energy -
Qatar lifts 2013 GDP growth forecast to 5.3%
Qatar’s government on Thursday raised its forecast for real gross domestic ...
Economy -
Export of South Sudanese oil resumes from Sudan, says Ministry
Shipments of South Sudanese oil from Sudan have resumed after more than a year, a ...
Energy -
South Korea said to pledge 15% cut in Iran oil imports
South Korea has pledged to the United States that it will cut imports of Iranian ...
Energy -
Petrofac’s Ain Salah project in Algeria to restart soon
Petrofac’s Ain Salah gas project, delayed due to an attack in January on ...
Energy -
Russia, China sign $270 billion oil deal
Russian oil giant Rosneft and Chinese state firm CNPC on Friday signed a $270 ...
Energy