Oil prices hit four-month highs on Monday after attacks on crude facilities in Saudi Arabia.
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
Rosneft’s daily oil output fell 2.7% in the second quarter from the previous three months, the Russian oil company said, mainly because of restrictions introduced by pipeline operator Transneft after an oil contamination scandal. The world’s biggest listed oil company by output said its oil production averaged 4.62 million barrels per day (bpd)
Opec and its oil-producing allies shifted on Monday towards extending their daily output caps, sending oil prices racing higher before the outcome of the group’s official gathering.
The Abu Dhabi National Oil Company, (Adnoc) signed on Wednesday a comprehensive strategic framework agreement with the Federal State Budgetary Organisation “Russian Energy Agency” by the Ministry of Energy
The Abu Dhabi Department of Energy (DoE) has sought out cooperation opportunities with Russia’s Ministry of Energy in the conventional and renewable energy sectors. The Chairman of the Abu Dhabi DoE,
The Dubai Chamber of Commerce and Industry (DCCI) has announced its expansion in China with the opening of a new location in Shenzhen that will be tasked with exploring business potential