An official reviews the situation at the port.
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.
Many Arabian oil exporters have begun to increase their offshore spending after nearly five years of massive cutbacks, according to a Seatrade Maritime report titled ‘Middle East Offshore Market on the Move.’
Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company (Adnoc), the Korea National Oil Company (KNOC) and GS Energy, and one of Adnoc’s youngest operating companies, announced that it has begun producing crude oil
Saudi Arabia raised the local price for Octane 95 to 2.10 riyals from 2.02 riyals last quarter and Octane 91 to 1.44 riyals from 1.37 riyals per litre, state oil firm Saudi Aramco said on Saturday. The change goes into effect on Sunday (April 14), the company said in a statement,
Migrants are humans too. Fleeing poverty, conflict and persecution, they risk their lives looking for safer shores. Many of them have lost their lives while doing so, but the world does not seem to bother.
The ducks seem to be lining up for President Donald Trump to join Prime Minister Narendra Modi at the Indian-American community event slated to be held on September 22 at Houston.
When a new coalition was established in Italy recently, it followed a political crisis set in motion during late summer by the far-right League. The surprising outcome saw the (now former)