Saturday 30 May 2015
 
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India seeks first cut in LNG imports under Qatar deal

India is in talks with Qatar to import at least 10 percent less liquefied natural gas (LNG) under a long-term deal after a slide in spot prices has cut demand by local buyers, an Indian government source with knowledge of the negotiations said

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Saudi oil minister discusses oil markets with Russia, Brunei

Saudi Arabian oil minister Ali Al Naimi discussed oil markets with Russia's ambassador to Riyadh Oleg Ozerov, Saudi state news agency SPA reported.   In the meeting, which was attended by Al Naimi's advis

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Budget talks 'may be held this week' in Bahrain

A meeting on the budget for 2015 and 2016, which has yet to be announced, could potentially take place this week in Bahrain. Information Affairs Minister and official government spokesman Isa Al Hammadi told a press conference aft

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Rouhani calls for halt to Yemen air strikes

Iranian President Hassan Rouhani called on Saudi Arabia to halt a two-week-old campaign of air strikes against Houthi fighters in Yemen and said countries in the region should work to bring Yemen's rival factions to the negotiating table.

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Drive to groom entrepreneurs and empower youth

Entrepreneurship will be the focus of a week-long set of free workshops and talks to be held in Bahrain next month. The Manama Entrepreneurship and Youth Empowerment Week starts on May 7 at locations across the city and is aimed a

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More talks needed on Iran-Oman gas link

More talks are needed to make progress on a deal signed in 2013, after years of talks, for Oman to import gas from Iran via a planned subsea Gulf pipeline link, Omani Foreign Minister Yussef bin Alawi told Reuters on Thursday.

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Oil embargo should be considered if Libya talks fail, Spain says

Spain said the European Union (EU) should consider an oil embargo and freezing of Libyan central bank assets if UN-brokered talks to resolve the country's political crisis failed.   EU foreign ministers agree

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Iran, world powers to hold nuclear talks on March 5

Senior officials from Iran and six powers negotiating with Tehran over its nuclear programme will hold more talks in Montreux, Switzerland on March 5, the European Union said on Friday. The talks between political directors will b

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Gold rebounds, but set for 4th weekly drop

Gold rebounded and world shares weakened on Friday before a meeting of euro zone finance ministers that could put Greece on its way to exiting the bloc, but prices were still headed for their fourth straight weekly drop. Spot gold

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Libya's factions agree to new talks in Geneva

Libya's factions have agreed to a new round of UN-backed negotiations to attempt to end the conflict destabilising the North African country three years after its civil war ousted Muammar Gaddafi. The meeting, announced after

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