Category: Oil & Gas

DUBAI: Around three million barrels per day of Saudi oil will remain offline for a month, about half the production halted by the weekend’s devastatin

Oil markets are grappling with uncertainty over how long it will take Saudi Arabia to restore output after the devastating attacks that knocked out fi

WASHINGTON - The Trump administration is standing by to deploy the nation's emergency oil reserves and help stabilize markets if needed after a series

NEW YORK (Reuters) - Oil prices fell about 1% on Thursday after a media report cast doubt on the possibility of an interim U.S.-China trade deal and a

SINGAPORE/BEIJING (Reuters) - China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the securit

LONDON (Reuters) - While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from t

Russia’s average daily oil output in August exceeded its Opec+ cap for the  first time since April as the impact of the Druzhba contamination crisis f

Bloomberg /London Opec’s crude production rose last month, the first increase since the group and its allies started a new round of output

DEFA announced on 23 August its decision to award the tender for the construction of an LNG import terminal at Vasilikos. This will comprise a floatin