Saturday 2 July 2016
 
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freeze

Etihad rolls out partial employment freeze

UAE's Etihad Airways will not be hiring non-operational staff 'until the end of year', said a report citing the airline's president and CEO James Hogan. The hiring freeze, which was introduced in the first quarter,

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Iran won't freeze oil exports says official

Iran has no plans to freeze the level of its oil production and exports, Deputy Oil Minister Rokneddin Javadi was quoted as saying, as the country tries to raise its crude exports to pre-sanctions levels. "Under the present c

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Kuwait minister urges Iran, Opec to freeze production

Kuwait's deputy foreign minister Khaled Jarallah said oil exporting countries must freeze production and the market could not support a production increase from Iran, state news agency KUNA reported on Saturday. "There is

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No urgency for oil freeze now: Indonesia

Indonesia's governor to the Organization of the Petroleum Exporting Countries (Opec) said on Monday that oil at $45 a barrel was "not bad" and that there would be no urgency to freeze output if crude remained at that price.

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Oil producers to discuss freeze at June Opec talks

Oil-producing nations will discuss an oil output freeze at Opec's meeting in June, a senior Saudi oil advisor said on Thursday, keeping open the prospect of action to boost prices despite the collapse of talks on a deal in Doha.

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Iran says determined to regain oil market share

Iran is determined to recover its share of the world oil market following the lifting of sanctions, and can withstand low prices since it has sold oil for as little as $6 a barrel in the past, a source close to Iranian oil policy said.

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Iran urges oil producers to keep discussing freeze

Iran urged other oil producers on Monday to continue talks on an output freeze to prop up crude prices, but insisted it was justified in not freezing its own output.   Iranian Opec Governor Hossein &l

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Oil freeze deal faces trouble on Iran issue

Saudi Arabia demanded on Sunday that Iran join a global deal on freezing oil output, jeopardising an agreement between Opec and non-Opec producers that was supposed to help ease a glut and prop up the price of crude. Some 18 Opec

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Kuwaiti oil exports unaffected by strike

Kuwait's oil exports have not been affected by a strike launched on Sunday by energy sector workers, oil sector spokesman Sheikh Talal Al-Khaled Al-Sabah said in a statement on state-news agency Kuna. He was speaking after tho

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Doha oil freeze talks face last-minute trouble

A meeting between Opec and non-Opec oil producers on an agreement to freeze output ran into last-minute trouble in Qatar on Sunday due to a new request by Opec's de facto leader Saudi Arabia, sources told Reuters. Oil minister

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