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    French oil major on track for $5 billion divestments

    French oil major on track for $5 billion divestments

    06 Feb 2020

    Total beat forecasts on Thursday by keeping net adjusted fourth-quarter profit steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy...

    BP profit down 26 per cent on weak oil and gas prices

    BP profit down 26 per cent on weak oil and gas prices

    04 Feb 2020

    BP raised its dividend and said it had completed a $1.5 billion share buyback programme in a sign of confidence in its growing oil and gas business on the last...

    VIDEO: Gas discovered in Sharjah for the first time in 37 years

    VIDEO: Gas discovered in Sharjah for the first time in 37 years

    28 Jan 2020

    The Sharjah National Oil Corporation and its Italian partner ENI, have announced a successful new discovery of natural gas and condensate onshore at the Mahani field in Sharjah. The...

    UAE and Saudi Arabia caution oil market over coronavirus gloom

    UAE and Saudi Arabia caution oil market over coronavirus gloom

    27 Jan 2020

    The United Arab Emirates and Saudi Arabia have cautioned on Monday against “gloomy expectations” regarding the possible impact of the spread of the coronavirus on the global economy and oil...

    Sinopec to review $16 billion gas deal

    Sinopec to review $16 billion gas deal

    19 Jan 2020

    China’s Sinopec, expected to be the next major Chinese buyer of US liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere...

    Eastern Libyan protesters close Zueitina oil port

    Eastern Libyan protesters close Zueitina oil port

    18 Jan 2020

    Eastern Libyan forces closed down major oil ports, a spokesman for an oil protection force allied to eastern-based commander Khalifa Haftar said on Friday, escalating tensions before an international...

    Global markets take a hop due to de-escalation in global tensions

    Global markets take a hop due to de-escalation in global tensions

    10 Jan 2020

    Investors took a huge sigh of relief on Friday due to positive developments across the globe on Friday. Markets have swiftly reversed the sharp falls seen at the start of...

    World stock markets rebound, oil prices steady as global anxiety eases

    World stock markets rebound, oil prices steady as global anxiety eases

    09 Jan 2020

    Global stock markets and oil prices gained on Thursday as ongoing tension eased between US and Iran. Indices in London and Frankfurt rose after Tokyo closed more than 2% higher....

    China allows foreign firms to explore, produce oil and gas

    China allows foreign firms to explore, produce oil and gas

    09 Jan 2020

    China is implementing drastic changes in its oil and gas sector policy. Beijing will for the first time allow foreign companies to explore and produce oil and gas in the...

    Global stock markets rise, oil cools after dramatic post-new year moves

    Global stock markets rise, oil cools after dramatic post-new year moves

    07 Jan 2020

    World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged that prospects of an all-out conflict between the United States...

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