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  • Asia wins Gold Olympics

    Asia takes first Gold and headlines

    The event was graced by International Olympic Committee President Jacques Rogge who watched the 40 minute final and then presented the first medal at his last Games before he steps down from the role next year

    July 29, 2012 9:41
  • Queen Elizabeth

    Queen Elizabeth and James Bond steal the show

    Over the following 17 days, the drama of sporting contest takes hold the length and breadth of Britain as more than 16,000 athletes from 204 countries will strive to achieve their ultimate dream - Olympic gold

    July 28, 2012 8:57
  • Abu Dhabi

    Euro Zone woes deepen; Abu Dhabi banks in focus

    Abu Dhabi Commercial Bank reported a second-quarter profit of 733 million dirhams, topping forecasts after the lender took lower provisions

    July 25, 2012 1:16
 
 
  • OMV AG

    OMV says restarted Yemen production on Monday

    Yemen's Maarib oil pipeline resumed operations over the weekend, the pipeline operator said on Tuesday, ending a nine-month halt due to sabotage which left the poorest Arab country dependent on fuel donations.

    July 18, 2012 12:15
  • U.S.-crude-ends-lower-as-Spain-rating-cut-pressures

    Brent slips below $104 as Bernanke offers no signal on stimulus

    Bernanke offers gloomy view but few new hints on easing; Iran offers to insure foreign ships to skirt EU ban; U.S. crude stocks likely fell on higher refinery runs

    July 18, 2012 12:00
  • brent-crdue-output-up

    Brent crude ends up 4th day as August contract expires

    Brent crude futures rose a fourth straight session on Monday, lifted by hopes for economic stimulus measures, especially in China, and by tensions with Iran and news a U.S. Navy vessel off the United Arab Emirates fired on an approaching fishing boat that failed to heed warnings.

    July 17, 2012 11:30
 
  • South Korea April Iran crude imports

    Oil higher on stimulus hopes, Iran tensions

    Hope for stimulus measures bolsters oil prices; U.S. Navy fires on fishing boat off UAE; Weak U.S. retail sales data limits U.S. crude rise

    July 17, 2012 11:14
  • Brent-crude-price-rise-kipp

    Brent stays above $102 on China stimulus hopes

    Asia shares extend rally as China growth within expectations; Bernanke's semi-annual monetary policy report key this week; Brent to retrace to $101.26 –technicals; Coming Up: U.S. retail sales mm June

    July 16, 2012 10:26
  • Petroleum Development Oman

    Iraq signs gas contract with Pakistan Petroleum

    Iraq signed an initial gas exploration contract with Pakistan Petroleum on Sunday as part of its push to attract more foreign investment to develop its energy sector following years of war and sanctions.

    July 15, 2012 5:16
 
  • http://www.dreamstime.com/-image15247709

    Saudi Cement second quarter net profit jumps 36 percent

    Saudi Cement Co posted a net profit of 290.2 million riyals ($77.4 million) for the second quarter on Saturday, a rise of 36 percent from a year earlier.

    July 14, 2012 8:59
  • Iran-oil-sanctions

    Iran issues new oil blockade warning

    Iran could prevent even "a single drop of oil" passing through the Strait of Hormuz if its security is threatened, a naval chief said on Saturday, as tensions simmer over Tehran's nuclear programme.

    July 14, 2012 8:51
  • US indictment

    U.S. indicts Iranian, Chinese for nuclear export plot

    Suspects sought 'everything you need' for centrifuges; Iranian suspect arrested in May in the Philippines; Hong Kong, China seen as conduits to evade Iran sanctions; No evidence Chinese government was aware of transactions

    July 14, 2012 8:48
 
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