Dutch, British discuss stepping up Syria sanctions
The Dutch foreign minister said he and his British counterpart had discussed stepping up sanctions against Syria to hasten an end to 16 months of conflict in the country.
July 10, 2012 10:42-
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Russia will not deliver fighter jets to Syria
Russia will not deliver Yak-130 fighter planes to Syria while the situation there remains "unresolved", the country's service for military cooperation said on Monday, according to the RIA news agency.
July 9, 2012 5:02 -
Hong Kong fund snaps up Jordan Dubai capital
Jordan Dubai Capital said that Hong Kong-based HPF private investment fund had wholly acquired its shares in a deal worth $130 million.
July 9, 2012 11:10
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Oil drops below $100 as Norway strike nears end
Oil loses more than $1; Oslo could put an end to oil strike; Demand worries take centre stage after central bank moves
July 6, 2012 2:01 -
DNO boosts Iraq oil output, resumes Yemen drilling
DNO also boosting sales to Iraq's Kurdistan region; Confirms oil discovery in Iraq's Peshkabir-1 well; resumes drilling operations in Yemen
July 5, 2012 5:58 -
Tanzania says investigating Iran tankers accusation
U.S. committee says Tanzania risks sanctions; Tanzania says taking investigation 'very seriously'; Calls for U.S., EU help in investigations
July 5, 2012 5:55
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Sanctions cut Iran’s July oil exports to near 1 million barrels per day
Iran to ship at most 1.1 mln bpd in July, half of 2011 avg; Japan, S.Korea halt Iran imports this month; Iran to store at least 8.3 mln bbls of crude in July
July 5, 2012 5:51 -
Swiss government decides against EU ban on Iranian oil
The Swiss government said on Thursday it would widen sanctions against Iran but would not implement a European Union ban on trading Iranian oil because of "foreign policy reasons".
July 5, 2012 5:44 -
Soccer-Oman could be banned by FIFA over court order
The warning came after an administrative court in the country issued a ruling on June 25 in favour of three local clubs who had complained about the election process in the Omani federation (OFA).
July 5, 2012 10:39
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LGT hires Merrill’s Middle East wealth chief
LGT Group, the Liechtenstein-based private bank, has hired Tamer Rashad from Bank of America Merrill Lynch to run its newly established wealth management business in the Middle East, it said in a statement Wednesday.
July 4, 2012 6:09 -
Poland’s Lotos takes first Saudi oil shipment
Polish refiner Lotos has received a shipment of crude oil from Saudi Aramco , the possible first step in a long-term relationship between the two state-controlled firms, Lotos said on Tuesday
July 3, 2012 5:21 -
Freight dispute risks delay in Iran oil to China
Sinopec, NITC unable to agree on freight costs; No vessels booked for 12 mln bbls of deliveries; China depends on Iran's NITC tankers amid sanctions
July 3, 2012 5:19
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UAE looking to open oil sector to more partners
The United Arab Emirates (UAE) may allow more foreign partners, especially Asian energy companies, to take stakes in more marginal fields, the chief executive of Abu Dhabi Marine Operating Company (ADMA-OPCO) said on Tuesday.
July 3, 2012 5:18 -
Egypt’s Meditrade buys 11,000 tonnes of sunflower oil
Meditrade bought 11,000 tonnes of sunflower oil for arrival between Aug. 6 and 27; purchased the oil from Quadra at $1,142 a tonne, on a cost and freight basis
July 3, 2012 5:18 -
Exxon considers oil & gas exploration in Afghanistan
Exxon Mobil Corp is contemplating participation in an oil and gas tender of six blocks in northern Afghanistan, a company spokesman said on Monday.
July 3, 2012 10:49
