Iraq will proceed with plans to increase oil and gas production capacity, Oil Minister, Thamer Ghadhban…
Tag: oil
Saudi signs $50bn agreements in oil, gas infrastructure
Saudi Arabia on Tuesday signed deals worth more than $50 billion in oil, gas, infrastructure and…
Oil boom, the greedy few and crushing burden of subsidy
For the first time in two years, oil prices have risen steadily from $30 per barrel…
Oil washes ashore in France after ship collision
Some of France’s spectacular Riviera beaches have been shut as volunteers with shovels and sacks try…
Iranian tanker discharges oil in China ahead of U.S. sanctions
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage…
Oil falls as U.S. mulls waivers on Iran crude sanctions
Brent crude oil prices on Monday fell more than 1 percent after the United States said…
Nigeria’s Oil, gas export sales up by 36%
The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales…
Oil dips as Saudi, Russia agree on output hike
Crude oil prices slipped on Thursday from four-year highs reached the previous session, pressured by rising…
Iran sanctions: Oil rises to four-year high
Crude oil on Wednesday traded above $85 a barrel and neared a four-year high, supported by…
Navy arrests 14 suspected oil, diesel smugglers
No fewer than 14 men have been arrested by the Nigerian Navy for smuggling adulterated diesel…
Venezuela to increase China oil exports to one million bpd
Venezuela is to increase its oil exports to China to one million barrels per day, President…
Iran: Oil market too tight for U.S. zero exports target
Iran said on Friday the U.S. will find it difficult to cut Iran’s oil exports completely…