An employee at a Rosneft petrol station in Moscow. Reuters
The number of suspects Russia is investigating over a major oil contamination in the Druzhba pipeline earlier this year has risen from 10 to 13, RIA news agency reported on Friday, citing a lawyer for one of the suspects.
Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc) met with Alexander Novak, Minister of Energy of the Russian Federation, during a visit to Moscow, as Adnoc explores opportunities
LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests
Oil prices hit four-month highs on Monday after attacks on crude facilities in Saudi Arabia fuelled worries over the impact of an oil shock on economic growth, halting a positive run in world stocks and bolstering demand for safe-haven assets.
The Information and Communication Technology (ICT) sector in the UAE has achieved significant progress in global ranking from the 6th to 2nd, according to the Global Competitiveness Index (GCI) 2019 issued by the World Economic Forum (WEF).
US retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.
Although India’s economic growth rate has been cut to 6.1 per cent for the current fiscal year, it still remains “very strong” by global standards, International Monetary Fund’s (IMF) Deputy Research Director Gian Maria Milesi-Ferreti said.