News & Events

Abu Dhabi: Oil markets are well supplied and any decision regarding output cuts for 2019 will be taken at a crucial meeting in Vienna next month, ministers from Opec and…

It’s all eyes on OPEC as U.S. oil prices fell for 10 consecutive days, wiping out any gains for the year. Futures in New York slid 0.8% to settle at…

RESERVES from the North Sea are sufficient to help sustain oil and gas production for at least the next 20 years, new figures indicate. A report published by the UK…

(Bloomberg) — One of the biggest oil bosses in the world has a message for hotshot young tech stars: trust me, being arrogant won’t pay off. Royal Dutch Shell Plc…

Bloomberg) — CK Group’s A$13 billion ($9.4 billion) bid for gas pipeline operator APA Group was knocked back by Australia’s government on national security concerns, a decision that has the…

(Bloomberg) — Gas is in such hot demand in China right now it’s allowing a quirky market to flourish: transporting the fuel on trucks. Call them pipelines on wheels. The…

Most of the world’s top oil trading houses expect oil prices to decline next year as slowing global economic growth and rising oil supply is expected to compensate for fewer…

(Bloomberg) — India and South Korea agreed with the U.S. on the outline of deals that would allow them to keep importing some Iranian oil, according to Asian officials with…

As the start date of the U.S. sanctions on Iran’s oil draws near, key Asian buyers of Iranian oil dramatically cut their purchases from Iran in September to the lowest…

The development will enable UAE achieve self-sufficiency in gas and potentially a net exporter Abu Dhabi: Abu Dhabi on Sunday announced the new discovery of gas totalling 15 trillion standard…