Business / Energy

Oil prices rose by more than a dollar a barrel on Friday to record their second-straight week of gains, as supplies tightened in...

Kuwait Oil Company (KOC), in a statement, said that the fire brigade is dealing with a 'limited fire' that erupted where oil leaked...

Singapore: Oil prices fell yesterday following three sessions of gains, after US Federal Reserve Chair Jerome Powell re-stated his commitment to curbing inflation,...

SINGAPORE: Oil prices rose in early Asian trade on yesterday, clawing back some ground from more than one-year lows hit in the previous...

Doha: A revolutionary suite of technologies could transform food and energy production in some of the world’s most climate vulnerable regions, the Al-Attiyah...

Sultan al-Jaber, CEO of the Abu Dhabi National Oil Co., who will lead international climate talks later this year told energy industry power...

Doha: Oil edged higher in volatile trade on Friday, with prices supported by the prospect of lower Russian exports but pressured by rising...

Seoul: South Korea plans to create a fund worth 150 trillion won (US$116.9m) to provide assistance for steel makers’ transition to alow-emission production...

Doha: Oil prices rose more than 2 percent on Friday as Russia announced plans to reduce oil production next month after the West...

Johannesburg: Coal-rich but energy-starved South Africa will not immediately abandon its fossil-fuelled electricity generating plants as it transitions to cleaner forms of power,...

Abu Dhabi: The world will need natural gas for a long time and more investment is required to ensure supply security and affordable...

Doha: Oil prices were little changed on Friday as the market balanced a weaker US dollar and mixed US jobs reports, but both...

LONDO: OPEC oil output rose in December, a Reuters survey found on Wednesday, despite an agreement by the wider OPEC+ alliance to cut...

LONDON: Oil fell sharply on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state...

Muscat: Oman’s production of crude oil and condensate increased by 10 percent by the end of November 2022. It inclined to reach 355,473,100...

Moscow: Russian energy company Gazproms gas production decreased in 2022 by 20 percent to 412.6 billion cubic meters, compared to that of the...

BERLIN: Germany's transport minister called for an expert committee to examine whether the lifespan of the country's nuclear plants should be extended, reopening...

Oil held gains as China took more steps to unwind its Covid Zero policy and freezing weather across the US prompted refinery closures...