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  • No offers on oil block 11 in Iraq energy bids-government

    Enoc, Aldrees team up for Saudi fuel forecourts

    Emirates National Oil Co (Enoc) has teamed up with Saudi fuel retailer Aldrees to build at least 40 service stations in the kingdom, the companies said on Tuesday, in a deal the Dubai-government owned retailer hopes can recover some of its losses at home.

    August 28, 2012 6:40
  • Iraq's terms deter oil, gas explorers at auction

    Turkey, Iraq differ on whether oil exports resumed

    The flow of crude oil on a link carrying about a quarter of Iraq's total exports has resumed on one of two pipes after a fire shut it down, Turkish Energy Minister Taner Yildiz told Reuters on Tuesday.

    August 28, 2012 6:39
  • Saudi deals boosted US arms sales to record $66.3 billion in 2011

    Saudi deals boosted US arms sales to record $66.3 billion in 2011

    Saudi Arabia bought $33.4 bln in U.S. weapons; Russia, world's No. 2 supplier, sees sales nearly halved; French arms sales more than double

    August 28, 2012 10:30
  • Kuwaiti hostage Issam al-Houti stands with his Lebanese wife Fawzia and daughter Hana, after being released in Baalbek city in the Bekaa vally, in eastern Lebanon

    Captors free Kuwaiti hostage in Lebanon

    A Kuwaiti national was freed by his kidnappers in Lebanon on Monday, state-run news agency KUNA said, and the man said he had been accused by his captors of funding the Syrian uprising.

    August 28, 2012 10:29