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Last Updated: Mon, Dec 22 2014 | 10:00 AM |
Saudi oil min says ready to raise output if new clients emerge
Energy»

Saudi oil min says ready to raise output if new clients emerge

Monday, 22 December 2014 2:00 PM

Comments are strongest signals yet that the world's top oil exporter has no intention of cutting output amid sliding prices

Energy»

Gulf OPEC members refuse to cut oil output

Monday, 22 December 2014 12:27 PM

Arab Gulf countries have vowed they will not cut oil production or hold an emergency meeting, despite a glut in global supplies and plummeting oil prices.

Stock markets: Gulf bourses edge up in early trading
Markets»

Stock markets: Gulf bourses edge up in early trading

Monday, 22 December 2014 9:47 AM

After two days of strong gains, markets are buoyed by hopes that oil prices have found at least a short-term floor

Bahrain energy projects not affected by oil slide - minister
Energy»

Bahrain energy projects not affected by oil slide - minister

Sunday, 21 December 2014 4:38 PM

Abdul-Hussain bin Ali Mirza upbeat over import terminal for natural gas and expansion of a major pipeline and refinery

UAE urges all world's oil producers not to raise output in 2015
Politics & Economics»

UAE urges all world's oil producers not to raise output in 2015

Sunday, 21 December 2014 2:07 PM

Oil minister calls on producers to take action in bid to balance market which has seen dramatic price decline

Saudi oil minister says confident market will recover
Energy»

Saudi oil minister says confident market will recover

Sunday, 21 December 2014 1:53 PM

Ali al-Naimi blames oil price slide on speculators and lack of cooperation by major non-OEC producers

UAE oil minister slams
Energy»

UAE oil minister slams "irresponsible" non-OPEC producers

Sunday, 21 December 2014 12:44 PM

Suhail Bin Mohammed Al Mazroui also said the recent decision of OPEC not to cut its production was correct.

Dubai's DEWA raises annual budget to $6.2bn in 2015
Energy»

Dubai's DEWA raises annual budget to $6.2bn in 2015

Saturday, 20 December 2014 1:58 PM

State utility says it is increasing funds available for projects in bid to cope with rising power, water demand

1
Dubai's ENOC transfers 25 Sharjah fuel stations to ADNOC
Retail»

Dubai's ENOC transfers 25 Sharjah fuel stations to ADNOC

Saturday, 20 December 2014 1:51 AM

Emirates National Oil Company inks deal to transfer non-operations services stations for free

Kuwait's KUFPEC inks deal for China exploration deals
Energy»

Kuwait's KUFPEC inks deal for China exploration deals

Friday, 19 December 2014 9:54 AM

International arm of Kuwait's state oil company announces three new agreements in South China Sea

Bahrain may start importing Russian gas from 2017
Energy»

Bahrain may start importing Russian gas from 2017

Friday, 19 December 2014 2:09 AM

Russia's ambassador to the Gulf kingdom says gas will be transported by sea

Saudi minister says oil price slide 'temporary', remains optimistic
Energy»

Saudi minister says oil price slide 'temporary', remains optimistic

Thursday, 18 December 2014 3:27 PM

Oil Minister Ali al-Naimi says it is difficult for Saudi Arabia and OPEC to reduce output

Dubai's ENOC cuts retail diesel price amid oil price slide
Retail»

Dubai's ENOC cuts retail diesel price amid oil price slide

Wednesday, 17 December 2014 3:24 PM

Emirates National Oil Company reduces price to $0.89 per litre; second cut in two months

1
Qatar oil minister says market will settle eventually
Energy»

Qatar oil minister says market will settle eventually

Tuesday, 16 December 2014 4:34 PM

Mohammed al-Sada says OPEC and producers are closely watching declining oil prices

Oil prices are now unsustainably low: Kemp
Energy»

Oil prices are now unsustainably low: Kemp

Tuesday, 16 December 2014 3:53 PM

Reuters market analyst John Kemp says if prices remain at current depressed levels, almost all shale drilling activity will eventually cease


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