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Nokia charging back with full force
Saudi government websites targeted
A ship carrying disputed Sudanese crude remained anchored off southwest Japan on Tuesday, despite a British court ruling giving the tanker permission to unload, three shipping sources said.
February 21, 2012 4:41
China National Petroleum Corp (CNPC), the country's largest oil and gas producer, is planning a logistics hub in Dubai to minimise possible disruptions from geopolitical risks in the Middle East and North Africa, the China Daily reported on Tuesday.
February 21, 2012 4:37
Kuwait's central bank governor resigned after 25 years in the post on Monday, protesting against a rapid rise in government spending, but his departure may be linked to political change in the oil-rich state and not any immediate economic crisis.
February 13, 2012 2:29Total should not sign oil deals with the Kurdistan region without Iraq's approval, Deputy Prime Minister for Energy Hussain al-Shahristani said on Sunday, warning the French major would bear the "full consequences" if it did.
February 13, 2012 12:03
Indonesia would study any approach by Iran to trade by barter but has not received any such overtures from the country, trade minister Gita Wirjawan said on Friday.
February 11, 2012 6:20
Major Middle Eastern oil producers will step in to fill any gap caused by supply shortages this year, the IEA's chief economist Fatih Birol said on Friday, while global energy demand will eventually recover from a fall caused by economic slow down.
February 11, 2012 6:18
Global oil demand will grow by less than 1 percent in 2012, the International Energy Agency (IEA) said on Friday, cutting its oil growth demand forecast for a sixth consecutive month due to a weak global economy.
February 11, 2012 6:13French oil major Total SA has become the latest big oil company to shift the focus of its Iraq ambitions toward the semi-autonomous Kurdistan region, and away from the much larger but economically challenging contracts offered by Baghdad.
February 11, 2012 6:11
The UAE's main exporter of crude oil will fulfill all supply contracts to Asia for March, for the first time in almost a year, to help the region's top buyers cut their dependence on oil from sanctions-hit Iran.
February 8, 2012 12:36
Iraq's Majnoon oilfield, operated with Royal Dutch Shell, should be ready to produce 175,000 barrels per day (bpd) by the end of 2012, an output level that triggers cost recovery and service fee payments, a senior company official said on Tuesday.
February 8, 2012 12:29
With Iran's oil earnings possibly dropping and sanctions may cut GDP by 10 percent, can the country's economic diversity and self-reliance be enough to cushion the blow?
February 7, 2012 5:07
Cyprus will announce a second hydrocarbons licensing round for oil and gas offshore in mid-February, its energy minister said on Tuesday.
February 7, 2012 3:29
South Korean President Lee Myung-bak will hold meetings with major crude suppliers Saudi Arabia, Qatar and the United Arab Emirates from Tuesday through Friday, as the country looks for alternatives to Iranian oil.
February 6, 2012 2:55
South Korea and Japan will soon meet US officials in Washington to ask how much oil they can import from Iran under new sanctions that leave the Asian nations with few alternative sources for energy, government officials said on Wednesday.
February 1, 2012 1:22
Libya again leads increase in OPEC oil supply; OPEC output almost 1 million barrels per day above target; OPEC sec-gen says not worried about extra production
February 1, 2012 1:19
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Search engine giant confirms purchase of popular blogger site as both sides vow to address users' concerns
May 21, 2013 2:52
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
