World
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International
4/29/2012 11:00:00 PM
Libya's former top oil industry official, Shokri Ghanem, has been found floating dead in the River Danube in Austria, police said on Sunday
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Business
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Economy
4/13/2012 11:58:38 AM
Kingdom's oil minister says his country is committed to working with OPEC nations towards lowering global prices
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Business
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Economy
3/14/2012 12:03:32 PM
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Business
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Economy
3/2/2012 3:15:19 PM
Thamer Al-Ghadban, Iraq's former oil minister and current chief adviser to PM Nuri Al-Maliki, is the country's nominee to take over the helm of the world oil organisation, OPEC
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Business
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Economy
2/6/2012 5:27:41 PM
Iran's diverse and self-reliant economy suggests that Tehran can outlast sanctions as long as it continues to find buyers for its oil, according to experts
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Business
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Economy
2/6/2012 2:01:57 PM
A faltering world economy might lead the International Energy Agency to reduce its world oil demand forecast, says experts
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Business
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Economy
1/29/2012 11:03:34 AM
European companies with pending contracts with Iran will be affected if EU oil ban on Iranian oil goes through, says the head of Iran's state oil company
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Business
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Economy
1/18/2012 8:22:41 PM
Europe has reached a general agreement for new trade restrictions but are still deciding on time and implementation, say diplomats
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World
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Region
1/15/2012 10:11:53 AM
Iran asks its Arab neighbours not to up their oil production to meet the West's energy demands - like Saudi Arabia offered - in the case an oil embargo is imposed on Iran
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Business
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Economy
1/12/2012 6:23:11 PM
Libya economy is rapidly picking up to pre-war levels and provided the biggest increase to OPEC supply last month
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Business
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Economy
1/11/2012 12:28:06 PM
The Arab Kingdom has very little unused capacity but could easily reach the 11 million barrels per day production limit
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Business
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Economy
12/24/2011 11:47:30 AM
As Libya raises oil production to two thirds of the level before its revolution against Gaddafi, the country's oil minister reveals he has OPEC's promise to accommodate the barrels
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Business
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Economy
12/14/2011 5:39:22 PM
Libya says its oil exports is forecast to reach 500,000 barrels a day in December, but this increase is not expected to hold sway over the outcome of the OPEC meeting on Wednesday
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Business
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Economy
12/14/2011 2:09:49 PM
A new agreement between OPEC producers is expected to put a cap for all 12 countries output but will keep overall level near 3-year high
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Business
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Economy
12/14/2011 1:29:34 PM
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Business
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Economy
12/13/2011 12:42:53 PM
Slowing demand for oil and increasing supplies will level out the energy market in coming years, claims West's energy watchdog
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World
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Region
12/11/2011 5:18:42 PM
Top Iranian oil official warns western nations, including the US, of imposing sanctions on the country's oil exports, saying it would damage the global crude market
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Business
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Economy
12/10/2011 1:51:02 PM
Organisation is on course to earn $894 billion from exports, bringing much-needed funds to Middle East regimes seeking to counter popular unrest via social spending
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Business
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Economy
12/7/2011 4:16:25 PM
Kingdom's production reached over 10 million in November due to rising consumer demand, says official
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Business
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Economy
12/7/2011 1:58:54 PM
War-wrecked nation is making a surprisingly quick recovery despite the destruction of a tenth of its production facilities, says chief of oil body
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