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Last Updated: Sat, Dec 10 2016 | 2:03 PM |
Kuwait emir appoints Essam al-Marzouq as new oil minister
Politics & Economics»

Kuwait emir appoints Essam al-Marzouq as new oil minister

Saturday, 10 December 2016 6:03 PM

Marzouq has previously served as head of the country's stock exchange and as a board member of Kuwait Petroleum Corp

Saudis order oil cuts to US, Europe before non-OPEC talks
Energy»

Saudis order oil cuts to US, Europe before non-OPEC talks

Saturday, 10 December 2016 1:24 AM

OPEC will meet non-OPEC producing countries in Vienna on Saturday, hoping they will commit to cutting 600,000 barrels per day

Italian bank to help fund Rosneft deal for Glencore and Qatar
Banking & Finance»

Italian bank to help fund Rosneft deal for Glencore and Qatar

Thursday, 8 December 2016 2:51 PM

Intesa Sanpaolo is expected to provide a large chunk of funds to a consortium of Qatar and Glencore to buy stake in Russian oil major

Saudi power developer postpones plan for bond issue
Banking & Finance»

Saudi power developer postpones plan for bond issue

Thursday, 8 December 2016 1:55 PM

ACWA Power now looking to issue bond next year due to 'requests from investors for more time to evaluate the proposed offering'

Qatar's SWF part of group to buy $7bn stake in UK's National Grid
Energy»

Qatar's SWF part of group to buy $7bn stake in UK's National Grid

Thursday, 8 December 2016 1:53 PM

Qatar Investment Authority is one of the investors which has agreed to buy 61% interest in UK gas distribution business

Russia sells $11bn stake in Rosneft to Glencore, Qatari fund
Energy»

Russia sells $11bn stake in Rosneft to Glencore, Qatari fund

Thursday, 8 December 2016 9:47 AM

19.5% stake acquisition shows lure of Russian oil assets, despite sanctions

UAE says optimistic about non-OPEC commitment to cut output
Energy»

UAE says optimistic about non-OPEC commitment to cut output

Wednesday, 7 December 2016 1:56 PM

OPEC agreed last week to reduce output by around 1.2 million barrels per day beginning in January

Kuwait to seek OPEC output cut monitoring meeting in Q1 2017
Energy»

Kuwait to seek OPEC output cut monitoring meeting in Q1 2017

Tuesday, 6 December 2016 2:26 PM

Acting oil minister Anas al-Saleh says will call for meeting in February or March next year

Kuwait says restart of Neutral Zone oilfields will some take time
Energy»

Kuwait says restart of Neutral Zone oilfields will some take time

Tuesday, 6 December 2016 2:08 PM

Kuwait Oil Co chief says oil fields operated by Saudi Arabia and Kuwait may face more obstacles

1
OPEC oil output hits record high ahead of deal to cut
Energy»

OPEC oil output hits record high ahead of deal to cut

Monday, 5 December 2016 8:29 PM

Survey reveals that supply from OPEC increased to 34.19 million barrels per day in November

Oman to decide on oil output cut plan after upcoming Vienna meeting
Energy»

Oman to decide on oil output cut plan after upcoming Vienna meeting

Monday, 5 December 2016 2:34 PM

Country will cooperate to achieve planned target, says energy minister Mohammad Al Rumhy

Dubai's DEWA to use robots for electricity, water inspections
Technology»

Dubai's DEWA to use robots for electricity, water inspections

Monday, 5 December 2016 2:33 PM

State-owned utility company says technology being tested in high-voltage power tunnel

Energy»

Video: OPEC deal a win-win?

Sunday, 4 December 2016 1:16 PM

Oil sweeps to a six-week high after OPEC agrees to cut crude output to clear a glut.

Oil prices may flatline in 2017 on high inventories, says Fitch
Energy»

Oil prices may flatline in 2017 on high inventories, says Fitch

Saturday, 3 December 2016 12:48 AM

Ratings agency says it is likely to be 2020 at least until prices return to long-term equilibrium price of $65 per barrel

Dubai's ENOC says to build 54 service stations by 2020
Retail»

Dubai's ENOC says to build 54 service stations by 2020

Saturday, 3 December 2016 12:48 AM

Emirates National Oil Co kicks off expansion plan with opening of new gas statioin in Dubai International Academic City


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