London: British-Dutch energy giant Royal Dutch Shell on Wednesday said it had started production at the Corrib offshore gas field off the western...
London: British-Dutch energy giant Royal Dutch Shell on Wednesday said it had started production at the Corrib offshore gas field off the western...
By Bozorgmehr Sharafedin DUBAI: Iran's national representative to Organization of the Petroleum Exporting Countries (OPEC) predicted oil prices in 2016 at between $35...
Singapore: Oil prices resumed their decline in Asia Wednesday ahead of the release of data on US crude stockpiles and production. Prices had...
By Alex Lawler LONDON: Oil fell towards $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply...
DUBAI: The United Arab Emirates will lower domestic prices for gasoline and diesel in January, the ministry of energy said on Monday. The...
London: Benchmark oil contract Brent North Sea crude struck an 11-year low this week before pulling back ahead of the festive break, as...
Motorists queue at a petrol station in Lahore, Pakistan, in this January 20, 2015 file photo. AFP ISLAMABAD: Consumers in Pakistan should be...
An aerial view of the Tamar gas field off Israel's shore. AFP JERUSALEM: Israel’s government has given the go ahead to begin exporting...
Iraqi workers stand near a pipeline as it ejects oil at Al Tuba oil field in Basra, southeast of Baghdad in this February...
Singapore: Oil prices extended their recent rally in Asia on Thursday as a drop in US crude supplies cheered global financial markets ahead...
VIENNA: The OPEC sees only a gradual improvement in the global crude market, with prices recovering to above $70 per barrel after four...
A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq on December 21, 2015. ...
Picture for representation only Belek, TURKMENISTAN: Turkmenistan on Wednesday completed a pipeline that can ship gas from the world's second largest gas field...
Singapore: Oil prices enjoyed rare gains in Asian trade Tuesday, with Brent crude bouncing back from an 11-year low as investors await a...
New York: European benchmark Brent crude slumped to an 11-year low Monday as oil prices resumed their slide in an oversupplied global market....
By Nidhi Verma New Delhi: Spurred by the prospect of an end to western sanctions, Iran has agreed to consider Indian demands for...
Accra: India has taken the first place as Nigeria's major export destination with earnings of $2.02 billion from the sale of crude oil,...
Singapore: European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market...