Tuesday 23 September 2014
 
»
Tag
 
»
Oil

Saudi Oil Minister seen playing down concerns about falling crude prices

Saudi Oil Minister Ali Al Naimi appeared to downplay worries about the impact of sinking crude oil prices on production from the world's top oil exporter.   Oil prices in Europe have declined since June as ge

More…

Iraq exports more oil from southern terminals far from conflict

Iraq's oil exports from its southern terminals on the Gulf, far from the fighting in its north, have increased so far this month as bad weather and logistical delays subsided, approaching a record high reached in May.  

More…

UAE in no rush to change Opec oil target

The UAE is in no hurry to see Opec cut its oil output target this year despite the sharp drop of global crude prices in the last few months, senior UAE energy officials indicated.   Last week, Opec secretary-gene

More…

Qatar HSE forum discusses sustainable development

More than 600 professionals from 121 companies are taking part in a top oil and gas health, safety and environment event in Doha, Qatar, the first of its kind to include sustainable development as one of the core discussion topics.

More…

Libya's oil production falls to 700,000 bpd

Libya's oil production has fallen to 700,000 barrels a day, a spokesman for the state-run National Oil Corp (NOC) said.   NOC had last reported output at 870,000 bpd a week ago.  

More…

China crude imports from Iran drop nearly 30pc on year

Chinese imports of crude from Iran fell nearly 30 per cent from a year earlier to the lowest since October 2013, with Tehran's largest oil client reducing shipments from high levels in recent months as at least one regular buyer went throu

More…

Dollar's rally bad news for oil, multinationals

The asset with the greatest prowess of late has been the US dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. The greenback's recent gains have lifted the dollar index - a me

More…

Western firms win key Egypt oil, gas blocks

Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm to cover seven exploration areas in the Suez Canal, Egypt's western desert, the Mediterranean sea and the Nile Delta.

More…

Iraq oil export revenue falls 9pc to $7.1 billion in August

Iraq's oil export revenues fell by 8.9 per cent in August to $7.1 billion from $7.8 billion in July, the Iraqi oil ministry said in a statement. Oil exports were at 73.6 million barrels for August, the oil ministry said, citing the

More…

How Islamic State uses Syria's oil to fuel its advances

In an oil field in northeastern Syria, a queue of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate. Sales at Sha

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads