#Oil & gas

The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday pledged full support for the existing monitoring mechanism to

Saudi Arabia is said to have cut crude sales for next month to some buyers in the world’s biggest oil market, limiting sales to prized

Despite plunging into recession for the first time in a quarter of a century due to weakened oil prices, a report by United Capital

As representatives from OPEC and non-member nations are currently gathered in Abu Dhabi to discuss poor conformity levels on their

Global energy investment fell by 12 percent to $1.7 trillion in 2016, representing 2.2 percent of the world gross domestic product

Saudi Arabia’s billionaire, Prince Alwaleed bin Talal, will invest about 800 million dollars to expand the Four-Seasons-resort in

Libya’s biggest oil field stopped pumping after a workers’ protest, according to a person familiar with the situation, a sign of the

Akin Akinfemiwa, Chief Executive of Nigeria’s Forte Oil, Friday, said the company is in talks with a major refinery to form a

Andy Hall, the oil trader sometimes known in markets as “God,” is closing down his main hedge fund after big losses in the first half

The organisation of Petroleum Exporting Countries (OPEC) is optimistic of near stability in the oil market. Mohammad Sanusi Barkindo,