Saturday 1 October 2016
 
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Oil

Oil prices slip as focus shifts to details of Opec deal

Oil prices slipped on Thursday as investors questioned whether an Opec agreement to curb oil production - the group's first such deal since 2008 - would be enough to rebalance a heavily over-supplied world market. The Organiza

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Oil prices slip as focus shifts to details of Opec deal

Oil prices slipped on Thursday as investors questioned whether an Opec agreement to curb oil production - the group's first such deal since 2008 - would be enough to rebalance a heavily over-supplied world market. The Organiza

More…

Oil prices fall as hopes for a deal in Algiers fade

Crude oil futures fell on Tuesday as optimism faded for an output-limiting deal from an oil producer meeting in Algeria to curb one of the worst supply gluts in history. Hopes that Opec oil producers could clinch the deal at the S

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Algiers talks are consultative says Al-Falih

Saudi Arabia's Energy Minister Khalid Al-Falih said on Tuesday that talks among Opec and non-Opec oil producers in Algiers this week are consultative, casting doubt on the chances of any policy decision during the meeting. He

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Bahrain planning new oil and gas projects

Bahrain is continuing to develop its oil and gas reserves to increase production, despite the dip in oil prices, Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa was quoted as saying by the Gulf Daily News,our sister publication.

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GlassPoint showcases solar solutions for oil production

GlassPoint Solar, a leading supplier of solar solutions to the oil and gas industry, is showcasing its proven solar steam generating technology at the Society of Petroleum Engineers Annual Technical Conference and Exhibition (SPE ATCE), taking p

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GlassPoint showcases solar solutions for oil production

GlassPoint Solar, a leading supplier of solar solutions to the oil and gas industry, is showcasing its proven solar steam generating technology at the Society of Petroleum Engineers Annual Technical Conference and Exhibition (SPE ATCE), taking p

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GCC oil industry 'must focus on sustainability'

GCC oil companies must have an immediate focus on economic sustainability if they are to maintain the value of the region’s natural resources into the future, a senior oil official in Oman has said. Oil companies across the

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Oil rises amid volatility as Opec meets

Oil rallied on Monday as the world's largest producers gathered in Algeria to discuss ways to support the market, with nervous trade driving volatility to its highest since exporters met in April. Scepticism about any deal bei

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Oil will stay volatile in near future: Aramco CEO

Although the oil market has recovered it is still weak and will remain volatile in the near future, Amin Nasser, CEO of Saudi Aramco, told a conference in Dubai on Monday. The market has proven that companies with strong downstrea

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