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Gibraltar detains ship suspected of delivering oil to Syria: Official

04 Jul 2019

Gibraltar’s police and coastguard, aided by British Royal Marines, detained a supertanker on Thursday suspecting of carrying crude oil to Syria in violation of sanctions, the territory’s Chief Minister Fabian Picardo said.

BP to sell Alaskan properties to Hilcorp Energy for $5.6 billion

28 Aug 2019

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 at four-month record peak, shares dip after Saudi supply hit

16 Sep 2019

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.

India’s crude oil imports are lacklustre, joining coal, LNG

12 Aug 2019

India’s imports of crude oil have stalled in recent months, but the malaise in the country’s energy sector is deeper, with both coal and liquefied natural gas (LNG) also soft.

Rosneft’s daily production falls after restrictions from operator

21 Aug 2019

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)

VIDEO: UAE ranks sixth globally in oil and gas reserves

05 Nov 2019

The UAE has a total of 105 billion stock tank barrels of recoverable oil and 273 trillion standard cubic feet of conventional gas.

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