Sunday 24 July 2016
 
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Oil minister

No discussions with Opec on output says Russia minister

Russian Energy Minister Alexander Novak said in an interview there were no discussions about possible coordination with Opec on oil output after a failed attempt to jointly maintain production levels earlier this year. "We do

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No discussions with Opec on output says Russia minister

Russian Energy Minister Alexander Novak said in an interview there were no discussions about possible coordination with Opec on oil output after a failed attempt to jointly maintain production levels earlier this year. "We do

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Nigeria's oil minister replaced as oil company boss

Nigerian President Muhammadu Buhari has replaced Oil Minister Emmanuel Ibe Kachikwu as group managing director of state oil company NNPC as part of a wider board overhaul. Oil accounts for about 70 per cent of Nigeria' revenue

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Shaikh Mohammed named Bahrain's new oil minister

Bahrain's King Hamad bin Isa Al Khalifa has replaced the oil minister in a minor cabinet reshuffle on Friday that affected two cabinet portfolios, state news agency BNA reported. Shaikh Mohammed, a member of the ruling family,

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Oil prices to rise in second half, says UAE oil minister

UAE Oil Minister Suhail bin Mohammed Al Mazroui expects the oil price to pick up in the second half of this year, he said on Thursday. Mazroui told reporters in Vienna the market needs the oil price to appreciate to sustain invest

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New Saudi oil minister is believer in reform

It was January 2016 and oil prices had crashed to their lowest in more than a decade. Saudi Arabia's Health Minister Khalid Al-Falih, a favourite to take over the oil ministry from his mentor Ali Al-Naimi, was not panicking. A

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New Saudi oil minister is believer in reform

It was January 2016 and oil prices had crashed to their lowest in more than a decade. Saudi Arabia's Health Minister Khalid Al-Falih, a favourite to take over the oil ministry from his mentor Ali Al-Naimi, was not panicking. A

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Saudi gets new oil minister in cabinet shake-up

Saudi Arabia's King Salman on Saturday replaced his veteran oil minister and restructured some big ministries in a major reshuffle apparently intended to support a wide-ranging economic reform programme unveiled last week. The

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Saudi gets new oil minister in cabinet shake-up

Saudi Arabia's King Salman on Saturday replaced his veteran oil minister and restructured some big ministries in a major reshuffle apparently intended to support a wide-ranging economic reform programme unveiled last week. The

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Kuwaiti minister sees oil at $40-$60 in 3 years

Kuwait's acting oil minister said on Wednesday he expected oil prices of $40 to $60 a barrel over the next three years. "I think we will see an indication of an increase in demand by end of this year and probably a little

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