KUWAIT, May 20 (KUNA) — The price of Kuwaiti oil went up by 34 cents to USD 26.92 per barrel Tuesday after it was at USD...
(Bloomberg) — An armada of tankers filled with Saudi crude heading to American shores is raising concern that tanks may fill again just as a U.S. glut...
Liwa Plastics project in the Wilayat of Sohar has commenced trial operations. Oman Oil and Orpic (OQ) Group has said that Liwa Plastic Industries Complex constitutes...
(Bloomberg) — Commodities investors will zero in this week on the procession of moves around the globe to ease the anti-virus lockdowns that have crippled economies. Raw...
(Bloomberg) — Crude oil has plummeted to about $30 a barrel from $115 when Prime Minister Narendra Modi first came to power six years ago, but Indian...
(Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder...
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has launched a $500 million countercyclical support package aimed at supporting its clients in Member...
ABU DHABI, 29th April, 2020 (WAM) — Shareholders of Abu Dhabi National Energy Company PJSC (TAQA) have voted at the Company’s Annual General Assembly to approve...
(Bloomberg) — China’s head-start on the path to recovery in oil demand is giving traders a rare opportunity to profit as coronavirus lockdowns continue to depress consumption...
ADQ (formerly Abu Dhabi Developmental Holding Company) announced today that it has taken over full ownership of UAE-based National Petroleum Construction Company (NPCC) In a statement...