Business
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Economy
1/27/2012 10:50:13 AM
World's second largest crude consumer hits out at increasing tensions that could threaten its oil supply
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Business
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Economy
1/23/2012 2:34:13 PM
South's president blames its northern neighbour of 'looting' millions of dollars of its crude oil since December
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Business
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Economy
1/23/2012 2:09:01 PM
Europe to place a ban on importing Iranian crude while gradually phasing out existing energy contracts between now and July
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Business
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Economy
1/22/2012 11:09:55 AM
Dispute escalates between north and south, as Khartoum seizes crude to compensate for unpaid transit fees
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Business
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Economy
1/20/2012 3:28:03 PM
Syrian official says western sanctions on Syrian oil exports have cost the country $2 billion since September, Syria was still trying to replace European Union crude oil contracts with new customers
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Business
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Economy
1/20/2012 11:29:12 AM
A Turkish refiner will meet Saudi Arabian authorities this month to seek alternatives to Iranian oil, which is under sanctions
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Business
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Economy
1/17/2012 12:41:02 PM
Iranian threats to obstruct Gulf oil trade met with scepticism by Saudi Arabia says such a move is unlikely as growing likelihood of deeper sanctions against Iran pushes up price of crude oil
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Business
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Economy
1/13/2012 5:46:37 PM
China, Malaysia and India have all inked fresh contracts with Africa's newest nation, say officials
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Business
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Economy
1/13/2012 2:56:13 PM
Tokyo says it is only looking into the possibility of cutting its imports of Iranian crude and no decision has been taken
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Business
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Economy
1/12/2012 11:18:16 AM
South Sudan has issued two tender to export oil thought its shipment might be blocked by Sudan. At least five tankers were expected to load at the Bashayer terminal next week but brokers anticipated delay
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Business
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Economy
1/11/2012 7:17:15 PM
Nigerian oil workers vow to keep up open-ended strike until the the government restores a fuel subsidy it scrapped on 1 January
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World
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International
1/11/2012 3:14:24 PM
Oil workers in Nigeria are waiting for the outcome of a meeting between labour and government, if the outcome is not favourable, crude oil production will be shut down
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Business
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Economy
1/5/2012 11:07:09 AM
Japanese refiner JX Nippon in talks with Saudi Arabia and other producers to source crude to replace disruptions to Iranian supply following US sanctions
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Business
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Economy
1/5/2012 10:12:28 AM
North Sudan hardens its position on the flow of southern oil through its pipelines and Red Sea port saying that South Sudan government is not serious about reaching a permanent transport fees agreement
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Business
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Economy
1/4/2012 7:48:22 PM
Oil prices surge as the US tightens sanctions against Iran and the oil producer says it would not allow a US aircraft carrier to return through the Strait of Hormuz
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Business
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Economy
1/4/2012 1:15:56 PM
Oil major says it's reviewing security and business situation in Africa's newest country
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Business
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Economy
12/29/2011 12:39:56 PM
Saudi Arabia will donate 500,000 tonnes of oil products to Yemen whose largest refinery has been forced shut by attacks
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Business
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Economy
12/27/2011 12:11:02 PM
Disruptions in Syria and Iranian naval exercises in a key shipping lane helped brent crude rise slightly above $108 on Tuesday
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Business
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Economy
12/23/2011 1:13:02 PM
Oil stagnates around its current level of $108 a barrel as consumer sentiment in the world's biggest oil consumer improved in December to the highest in six months
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Business
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Economy
12/21/2011 3:52:11 PM
Libya to supply four major European trading houses with crude oil in 2012 in departure from Gadaffi-era energy policy
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