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August 13, 20180

Caspian Sea nations to sign landmark deal

The leaders of the five states bordering the Caspian Sea meet in Kazakhstan on Sunday to sign a landmark deal on the inland sea which boasts a wea

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August 9, 20180

Can the GCC keep afloat without oil?

The GCC as we know it today would not be the same were it not for the discovery of oil in the region in the early years of the last century. Now, n

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August 9, 20180

Troubled UK outsourcer Interserve blames the blockade against Qatar for its woes, with debt mounting to £614.3m

Shares in Interserve slumped as it revealed debts of £614.3million  Half-year sales fell from £1.64billion to £1.5billion while it made a £6mil

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May 28, 20180

Under Pressure From Trump, Saudis Put Brakes on Oil’s Rally

 Riyadh supports a gradual increase in oil output over summer  Middle East oil producers worried about U.S. anti-trust laws The world’s la

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May 28, 20180

Looks like OPEC is at it again.

Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificiall

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May 26, 20180

Eni working on bid for Terra Firma solar assets in Italy: CEO

ST PETERSBURG (Reuters) - Italian oil major Eni (ENI.MI) is working on a joint bid for Terra Firma’s solar assets in Italy with Qatar Petroleum, E

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May 22, 20180

TANAP to deliver first commercial gas on June 30

- The project came in under budget from the original $11.7 billion down to $7.99 billion First commercial gas from the Trans Anatolian Natural Ga

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May 22, 20180

TANAP project to enter into service in June: Turkish minister

The Trans-Anatolian Natural Gas Pipeline (TANAP) project will enter into service as of June 12, Energy and Natural Resources Minister Berat Albayr

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May 20, 20180

Oil at $100 not to hurt world economy as much as in 2011

A general view of the Amuay refinery complex which belongs to the Venezuelan state oil company PDVSA in Punto Fijo, Venezuela (file). The global e

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May 20, 20180

Goldman Tells Big Oil: Take the Gas Risk, Demand Will Follow

The world’s largest energy producers will probably start hitting the gas on new projects, according to Goldman Sachs Group Inc. Suppliers are bette

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